NuScale Power (SMR) Stock Surges Following Amazon Partnership — Major Funding Decision Looms
Shares experienced a notable uptick last week following Amazons announcement of agreements to utilize small modular reactor technology for its artificial intelligence data center operations. NuScale, recognized as a leading player in the SMR sector, benefited from the resulting positive sentiment. Trading activity in SMR reached 30.2 million shares on the day Amazon revealed its plans, compared to the typical 28.9 million daily average — demonstrating the markets responsiveness to developments in this emerging sector. However, the potentially more significant catalyst may originate from Eastern Europe. This past February, Romania‘s energy minister revealed a Final Investment Decision regarding NuScale’s 462-megawatt SMR facility in Doicești. The initiative aims to replace 600 MW of coal-fired generation with clean, reliable power utilizing six NuScale reactor modules. This decision advanced the project beyond the analytical stage into active implementation. The remaining requirement is securing financial backing. Romanian Prime Minister Ilie Bolojan estimated construction expenses could reach $7 billion. He maintained a measured tone regarding the timeline, noting the funding structure remained under development and that “the complexity of such projects and the technology being in early days” indicated the investment wouldnt materialize instantly. Yet Romanias energy minister provided more concrete timing guidance: the financing process would require approximately six months