Bold Prediction: NuScale Power Is About to Break Out

It's been a wild ride for NuScale Power (NYSE: SMR) investors, but there could be one catalyst on the horizon that leads to a breakout and an end to the boom-and-bust cycle.NuScale's project, a 6-gigawatt small modular reactor (SMR) system for the Tennessee Valley Authority, a major utility operator, could imminetly receive a power purchase agreement (PPA). This is according to CEO John Hopkins, who has implied that the company would have a PPA by the end of 2026. A signed PPA would lock in revenue for NuScale from a utility company for years or even decades to come. This would be welcome news for NuScale, which has suffered several meaningful setbacks this year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool