FTSE 100 firm beats two US-owned companies as government pushes nuclear power with Sizewell C investment
Rolls-Royce has won a competition to be the first company to try to build small modular nuclear reactors in the UK, as part of a government effort to push Britain to the frontier of nuclear energy technology.
The UK’s Great British Energy on Tuesday announced Rolls-Royce as the preferred bidder for the programme, after a drawn-out competition that pitted the FTSE 100 manufacturer against two US-owned companies.