STOCKHOLM (April 7, 2026) – GE Vernova Hitachi Nuclear Energy (GVH) announced today that it has signed a Main Services Agreement (MSA) with AFRY, a prominent Swedish firm specializing in engineering, project management, and advisory services, to support the rollout of its BWRX-300 small modular reactor (SMR) technology.

Under this non-exclusive partnership, AFRY will provide engineering and consulting services, drawing on its strong industry expertise, regional knowledge, and extensive European footprint. The collaboration is expected to create opportunities for Swedish industries to engage in high-value projects tied to the expanding SMR market in Europe and globally.

“This agreement demonstrates our dedication to developing a robust Swedish and European industrial ecosystem around the BWRX-300,” said Jason Cooper, CEO of GE Vernova Hitachi Nuclear Energy. “Our focus extends beyond reactor technology to long-term cooperation, strengthening local capabilities, and generating regional value. Sweden’s strong industrial foundation and advanced engineering expertise make it an ideal partner, and working with AFRY enhances our ability to deploy the BWRX-300 while integrating local industry into Europe’s energy transition.”

Elon Hägg, EVP and Head of Global Division Energy at AFRY, commented: “Through our cooperation with GE Vernova Hitachi, we aim to position Sweden as a central hub in the future SMR value chain while supporting the development of the country’s nuclear energy program. This partnership combines local competence with global reach and contributes to delivering reliable, low-carbon energy solutions.”

By integrating GVH’s established BWRX-300 technology and international project experience with AFRY’s engineering capabilities, the partnership is structured to enable efficient, repeatable, and scalable deployment across multiple European projects. Beyond engineering services, AFRY will also assist GVH in preparing a license application for the BWRX-300 to the Swedish Radiation Safety Authority (SSM).

Global momentum for the BWRX-300 continues to grow. Construction of the first unit is underway at Ontario Power Generation’s Darlington site in Canada, with completion expected before the end of the decade, making it the first SMR in the Western world. Major components, including the reactor pressure vessel, are already in production, while site development is progressing as planned. In the United States, the Nuclear Regulatory Commission has accepted and is reviewing the Tennessee Valley Authority’s application to build the first BWRX-300 at its Clinch River site in Oak Ridge, Tennessee. These and other developments highlight GVH’s progress and leadership in scaling SMR technology for commercial deployment worldwide.

About GE Vernova Hitachi Nuclear Energy

GE Vernova’s nuclear energy division, operating through its global alliance with Hitachi Ltd., is a leading provider of nuclear services and advanced reactor technologies. Its portfolio includes boiling water reactors and small modular reactors such as the BWRX-300, recognized as one of the simplest yet most innovative designs in its class. GE Vernova’s fuel business, Global Nuclear Fuel (GNF), is a major supplier of fuel for boiling water reactors and related engineering services. GNF operates as a joint venture led by GE Vernova in partnership with Hitachi, Ltd., with primary operations in Wilmington, North Carolina (Global Nuclear Fuel-Americas, LLC) and Kurihama, Japan (Global Nuclear Fuel-Japan Co., Ltd.). HITACHI is a trademark of Hitachi, Ltd., and GE is a trademark of General Electric Company, both used under license.

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