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Benzinga
Benzinga
Business
Henry Khederian

NuScale Power Stock Is Surging Wednesday: What's Going On?

NuScale NuScale Power United States SMR
Double,Exposure.,Technical,Candlestick,Price,Chart,,Up,And,Down,Trend,

Shares of NuScale Power Corp (NYSE:SMR) are trading higher Wednesday morning after the company announced its support for a landmark agreement between ENTRA1 Energy and the Tennessee Valley Authority to deploy its Small Modular Reactor technology.

What To Know: The deal, the largest SMR deployment program in U.S. history, aims to deliver up to 6 gigawatts of carbon-free electricity across TVA’s seven-state service region.

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