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Courtney Carlsen, The Motley Fool
Sat, May 2, 2026 astatine 10:25 AM CDT 4 min read
In caller years, NuScale Power (NYSE: SMR) banal has soared. Last year, the tiny modular reactor developer saw its banal surge to $57 per share, creating a highly charismatic accidental for aboriginal investors to instrumentality profits astatine a sky-high valuation.
One institution taking vantage of NuScale's surging banal terms was Fluor (NYSE: FLR), the engineering, procurement, and operation (EPC) company. Fluor was a precise aboriginal capitalist successful NuScale, taking a involvement successful the institution backmost successful 2011, and decided present was a bully clip to instrumentality profits connected its stake. Here's however overmuch Fluor made, and wherever it goes from present with its caller windfall.
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Fluor made this overmuch from selling its NuScale Power banal
Investors person piled into atomic vigor stocks arsenic the United States continues to propulsion for the improvement and deployment of atomic energy, including done precocious technologies specified arsenic SMRs and microreactors. What makes NuScale peculiarly appealing is that it remains the lone institution with a modular plan support from the Nuclear Regulatory Commission for its tiny modular reactor (SMR).
Last October, Fluor began selling down its involvement successful NuScale Power to capitalize connected the company's surging banal price. Over the past respective months, Fluor has sold its 126 million-share equity involvement successful NuScale Power and yet completed the merchantability this April.
The determination helps Fluor make important gains and besides removes the volatility of a pre-revenue exertion banal from Fluor's consolidated fiscal statements. The institution initially invested $570 cardinal and sold its involvement for $2.43 cardinal successful gross proceeds, realizing a 326% instrumentality connected its full position.
Fluor volition usage its windfall to fortify its equilibrium sheet, reinvest successful strategical growth, and reward shareholders. The proceeds assistance trim its indebtedness equilibrium and assistance enactment its $1.4 cardinal stock repurchase program.
Fluor is pursuing aggregate high-growth opportunities
The determination doesn't region Fluor from the representation for NuScale's ongoing development. But it shifts it from a bulk proprietor to a preferred EPC partner, allowing Fluor to gain work fees without taking connected equity-owner risk.
This comes arsenic Fluor looks to carve retired a spot successful the broader atomic space. In its February net call, Fluor CEO Jim Breuer noted that it was "pursuing further opportunities successful accepted atomic and SMR projects successful concern with respective exertion providers."
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