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0.00223525705456129 0.0035404071468219 0.00283532606249717 -0.000885101786705519 -0.00277531916170363 0.00261030018452123 0.00286532951289394 0.00936107652380025
Stock impact report

POWER Digest [January 2026] [Yahoo! Finance]

GE Vernova Inc. (GEV) 
Company Research Source: January 2026
Swedish state utility Vattenfall and industrial consortium Industrikraft i Sverige AB signed an agreement, announced on Nov. 10, to co-invest in new small modular reactors (SMRs) at the Ringhals site on Sweden's Värö Peninsula. The effort moves the project into joint development and clears the way for state risk-sharing. Industrikraft—formed in June 2024 by ABB Alfa Laval, Boliden, Hitachi Energy, Höganäs AB, SSAB, Saab, Stora Enso, and Volvo Group —will take a 20% stake in project company Videberg Kraft AB and invest SEK 400 million ($42.2 million) to finance early-stage development. In addition to co-financing, industry will contribute project management expertise and technology selection support to ensure Swedish technology has a place in a competitive European supply chain. Vattenfall has shortlisted GE Vernova –Hitachi's BWRX-300 and the Rolls-Royce SMR for a 1,500 MW project—either five BWRX-300s or three Rolls-Royce units—and will submit an application for state risk-sharing b Show less Read more
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