Enfission’s Memorandum of Understanding (MoU) with NuScale Power

Hogan Lovells advised Enfission on the transaction

Enfission signed a Memorandum of Understanding (MoU) with NuScale Power. Through the MoU, Enfission and NuScale, will explore the use of Enfission’s next generation nuclear fuel technology in NuScale’s small modular reactor (SMR) design.

Enfission, a joint venture of existing client Lightbridge (NASDAQ: LTBR, a developer of new nuclear fuel technology) and French nuclear energy giant Framatome, develops and markets innovative Lightbridge FuelTM which is designed to significantly improve the efficiency, economics and safety of existing and new reactors. Through the MOU, NuScale and Enfission aim to collaborate on the potential for Lightbridge FuelTM to optimize the NuScale SMR’s highly efficient natural circulation design.

Enfission was advised by a Hogan Lovells team that included a number of attorneys across offices and practice groups, including team lead senior counsel Steve Miller (Picture), partners Amy Roma, Mary Anne Sullivan, Sachin Desai and David Crandall, and associates Polly Sims, and Agathe Michel-de Cazotte.

Involved fees earner: David Crandall – Hogan Lovells; Sachin Desai – Hogan Lovells; Agathe Michel-de Cazotte – Hogan Lovells; Steven Miller – Hogan Lovells; Amy Roma – Hogan Lovells; Polly Sims – Hogan Lovells; Mary Anne Sullivan – Hogan Lovells;

Law Firms: Hogan Lovells;

Clients: Enfission LLC;

Author: Ambrogio Visconti