Vattenfall to become minority shareholder of Estonian nuclear energy start-up company Fermi Energia
Vattenfall has signed an agreement with the Estonian nuclear energy start-up company Fermi Energia in order to become a minority shareholder of the company with a seed investment of Euro 1 million.In November 2020, Vattenfall extended its ongoing cooperation with Fermi Energia by signing a Letter of Intent to explore the possibilities for Small Modular Reactor (SMR) deployment in Estonia. Vattenfall has now accepted the opportunity to become a minority shareholder of approximately six percent ownership. “With this minority investment, Vattenfall can contribute our know-how and work