Spring Valley (SV) to Combine with NuScale Power in $1.9Bn Deal

Spring Valley (NASDAQ:SV) has entered into a definitive agreement to combine with nuclear power provider NuScale Power at an enterprise value of $1.86 billion, or 1.8x its 2025E revenue. Portland, Oregon-based NuScale has designed and is working to deploy a uniquely flexible nuclear power plant design with its first project scheduled for installation in Utah.
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