Energy Dept., B&W forge funding agreement for SMR project

04/16/2013 | Charlotte Observer (N.C.), The

The Department of Energy and Babcock & Wilcox have signed a deal for the funding of the company's small modular reactor development project. Under the terms, B&W's mPower technology will get $79 million in the first year. About $150 million will be available over a five-year period, according to department estimates.

View Full Article in:

Charlotte Observer (N.C.), The

Published in Brief: