# NuScale closes agreement with Sarens for SMR deployment support and investment

NuScale Power finalized an agreement with Sarens USA to provide lifting and transport services for deployment of its small modular reactor, and Sarens will make a cash investment in NuScale. Work will begin over the next six months.

- Type: Contract
- Announced: 2020-12-15
- Where: United States
- Status: announced
- Products: small modular reactor (SMR) deployment services
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [NuScale Power](https://endata.com/companies/9960.md)
- [Sarens USA](https://endata.com/companies/51894.md) (partner)

## Sources

- [nuscalepower.com](https://www.nuscalepower.com/press-releases/2020/nuscale-closes-business-agreement-with-sarens), 2020-12-15: "NuScale Power today announced that it has finalized an agreement with Sarens USA to support deployment of its groundbreaking small modular reactor (SMR) and provide a cash investment in NuScale."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.