RE: This is what Google has to say about Constellation Energy25 May 2025 10:23
Cat5
Remind, Constellation Energy holds a minority stake in Rolls-Royce SMR Limited, the subsidiary of Rolls-Royce Holdings plc that is developing small modular nuclear reactors (SMRs). As of November 2023, Constellation's ownership was reported at 3% . The majority stake is held by Rolls-Royce Holdings, with other minority shareholders including BNF Resources, the Qatar Investment Authority, and, since October 2024, the Czech utility company ČEZ, which acquired a 20% stake.
Constellation's investment in Rolls-Royce SMR aligns with its strategic focus on advancing nuclear energy technologies. The company, which operates 21 nuclear reactors across 12 sites in the United States, brings substantial operational expertise to the partnership. This experience is particularly valuable as Rolls-Royce SMR seeks to deploy its modular reactors internationally, including potential projects in the Netherlands in collaboration with Dutch firm ULC-Energy.
It's important to note that Constellation Energy's stake is specifically in Rolls-Royce SMR Limited and not in the broader Rolls-Royce Holdings plc. Therefore, while Constellation is a shareholder in the SMR subsidiary, it does not hold a significant position in the parent company.