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AtkinsRéalis partners with First American Nuclear
Indianapolis-based reactor development start-up First American Nuclear (FANCO) announced on May 13 that it has entered into a strategic alliance with Montreal-based nuclear engineering company AtkinsRéalis.
Together, the companies now plan to jointly develop, test, and license FANCO’s EAGL-1 reactor design. For FANCO, the agreement comes as a chance to bring in a partner with decades of experience in nuclear project development. For AtkinsRéalis, the partnership provides the opportunity to establish a presence in Indiana.
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Duke Energy, a Fortune 150 company, is headquartered in Charlotte, N.C. The company has approximately 51,000 megawatts of generating capacity in the Carolinas (including 11,000 megawatts of nuclear generation), Midwest and Florida, providing electricity to 7.8 million customers, and natural gas services supplying more than 1.6 million customers in Ohio, Kentucky, Tennessee and the Carolinas.
