COUNTY News:

Utah Associated Municipal Power Systems (UAMPS) and NuScale Power Corporation (NuScale) (NYSE: SMR) announced on Wednesday that they have mutually agreed to terminate the Carbon Free Power Project (CFPP).

Despite significant efforts by both parties to advance the CFPP, it appears unlikely that the project will have enough subscription to continue toward deployment. Therefore, UAMPS and NuScale have mutually determined that ending the project is the most prudent decision for both parties. 

The CFPP was a prospective nuclear generating facility, which was to be developed, designed, acquired, constructed, owned, operated, maintained and decommissioned by the CFPP LLC, an entity wholly owned by UAMPS.

The Los Alamos County Department of Public Utilities is a member of UAMPS.

Read full details at https://www.cfppllc.com/news.