Finnish startup gets first European Investment Bank funding for small modular reactor
( September 15, 2026, 16:00 GMT | Official Statement) -- MLex Summary: Small modular reactor technology will receive European Investment Bank financing for the first time, with up to €40 million going to Finnish nuclear startup Steady Energy, according to a statement published Tuesday. The financing will support research, testing and licensing of a 50-megawatt heat-only reactor designed to provide low-carbon district heating, as the EU seeks to bring its first small and advanced modular reactors online in the early 2030s.Press release follows....
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