December 21, 2014 9:59 PM ET

Electrical Equipment

Company Overview of NuScale Power, LLC

Company Overview

NuScale Power, LLC designs, develops, and commercializes pressurized water reactor nuclear power plants for power generation applications in the United States and internationally. It offers small modular reactors (SMR); and NuScale Power Module, a self-contained module that operates independently of the other modules in a multi-module configuration. The company also provides integral system test facilities. Its solutions are used in various applications that include electric generation, cogeneration, process steam, and government applications. The company was founded in 2007 and is based in Corvallis, Oregon. It has additional offices in Rockville, Maryland; Atlanta, Georgia; Charlotte, Nort...

6650 SW Redwood Lane

Suite 210

Corvallis, OR 97224

United States

Founded in 2007

Phone:

503-715-2222

Fax:

503-746-6041

Key Executives for NuScale Power, LLC

Chairman and Chief Executive Officer
Age: 60
Chief Financial Officer
Chief Operating Officer and Chief Nuclear Officer
Chief Strategy Officer
Chief Commercial Officer
Compensation as of Fiscal Year 2014.

NuScale Power, LLC Key Developments

Dale Atkinson Joins NuScale as Chief Operating Officer and Chief Nuclear Officer, Effective July 7, 2014

NuScale Power announced that Dale Atkinson will become the company's COO and CNO effective July 7, 2014. Atkinson comes to NuScale from Energy Northwest where he has served as the manager of engineering, VP Tech Services, VP Nuclear Generation and CNO, VP Operations Support, VP Employee Development/Corporate Services and VP Energy Services and Development, among other roles, since 1989. Atkinson has been a senior reactor operator instructor, member of the control room staff at an operating commercial nuclear plant, spent six years directing initial start-up testing at new commercial nuclear power plants and served five years in the nuclear navy as an officer aboard nuclear attack submarines. In addition he has participated in numerous industry leadership roles including the INPO executive advisory committee, NEI's Nuclear Strategic Issues Advisory Committee and EPRI's Nuclear Power Council and has presented to the NRC Advisory Committee on Reactor Safeguards.

NuScale Power Signs Contract Agreement with the U.S. Department of Energy

Fluor Corporation announced that NuScale Power signed a contract agreement with the U.S. Department of Energy (DOE) for funding that will support the development, licensing and commercialization of the company's nuclear small modular reactor (SMR) technology. The DOE would provide up to $217 million in matching funds over five years to help the Oregon-based nuclear power company develop its SMR design, which is set to revolutionize the next generation of nuclear power plants. The reactor technology can deliver the energy diversity needed to replace aging coal plants, to power growing populations and to reduce emissions, all while proving to be a safer, more flexible and cost-effective nuclear power solution.

Jack Bailey Joins NuScale Power as Senior Vice President, Business Development

NuScale Power announced that Jack Bailey has joined the company as Senior Vice President, Business Development. Bailey comes to NuScale from Generation mPower, where he led the company's North American business development efforts for the past year, as well as support for various project development activities.

Similar Private Companies By Industry

Company Name Region
Solo Energy, Inc. United States
Phantom Products, Inc. United States
Mitsubishi Electric Finance America, Inc. United States
Cool Energy, Inc. United States
Spor, LLC United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NuScale Power, LLC, please visit www.nuscalepower.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.