Rolls-Royce to Get Qatari Funding For Small Nuclear Reactors
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Rolls-Royce Holdings Plc has reached an agreement under which Qatar will invest in the British aerospace firm’s small modular reactor business.
The company already signed a deal with the oil-producing nation to invest billions in green engineering projects. This latest move will see Rolls-Royce give up some of its stake in the SMR unit, according to the Daily Telegraph, as Qatar’s sovereign wealth fund takes a 10% equity share.