Centrica and X-energy Sign Joint Development Agreement to Deploy U.K.'s First Advanced Modular Reactors and Pursue 6 Gigawatts of New Nuclear Capacity in the U.K. [Yahoo! Finance]
CENTRICA PLC S/ADR (CPYYY)
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Source: Yahoo! Finance
fleet of up to 6 GW of advanced reactors with the ability to provide enough power for 14 million homes. Fleet deployment target is the largest announced to date for Advanced Modular Reactors in the U.K. and could generate at least $54 billion in economic activity, creating thousands of high-quality jobs. Deployed new nuclear capacity is set to make a significant contribution to the next wave of clean, secure electricity and high temperature heat for industry and manufacturing. LONDON, September 14, 2025 BUSINESS WIRE )--Centrica plc ("Centrica") and X-Energy, LLC ("X-energy"), a wholly-owned subsidiary of X-Energy Reactor Company, LLC, today announced their entry into a Joint Development Agreement ("JDA") to deploy X-energy's Xe-100 Advanced Modular Reactors ("AMR") in the United Kingdom. The companies have identified EDF and Centrica's Hartlepool site as the preferred first site for a planned U.K. fleet of up to 6 gigawatts. The agreement represents the first stage in a new t
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