Doosan Enerbility: "Supply of Equipment Premised on NuScale Power-Standard Power Business Is Not Currently a Fact"
Doosan Enerbility (034020) officially denied media reports containing the possibility of a business venture between NuScale Power and Standard Power and the supply of its equipment premised on such a venture, stating that "it is not currently a fact." Doosan Enerbility made the announcement on the

Doosan Enerbility (034020) officially denied media reports containing the possibility of a business venture between NuScale Power and Standard Power and the supply of its equipment premised on such a venture, stating that "it is not currently a fact."
Doosan Enerbility made the announcement on the 17th through a regulatory filing titled 'Clarification Regarding Rumors or Reports.' This filing is a final (denial) disclosure following the clarification filing submitted on May 28, 2024, in connection with an article reported by some media outlets on that day.
The company explained that, as a strategic investor in U.S.-based NuScale Power, it holds the right to supply a certain volume of equipment for projects secured by NuScale Power.
However, Doosan Enerbility stated that it confirmed the business discussions between NuScale Power and Standard Power mentioned in the media report are not currently underway. Accordingly, the company emphasized that the pursuit of a business venture between the two companies mentioned in the report, as well as the supply of Doosan Enerbility's equipment premised on it, is not currently a fact.
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