Britain’s engineering giant Rolls-Royce will build three small modular reactors (SMRs) in Sweden after signing a multi-billion pounds partnership with Videberg Kraft, a subsidiary of Swedish state-owned energy company Vattenfall.

The project will see subsidiary Rolls-Royce SMR deliver Sweden’s first new nuclear power plant in more than 40 years. The British government has described as a “breakthrough moment” for British nuclear energy development.

In an official statement, Rolls-Royce SMR explained that the announcement comes after Sweden’s rigorous four-year long selection process, marking the third European country in which Rolls-Royce will…

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