Bulgarian Group Has Deal to Build Up to Six BWRX-300 SMRs

Core Insights - A Bulgarian energy company, Blue Bird Energy AD, and European project developer SGE S.A. have signed a letter of intent for a joint venture to build up to six small modular reactors (SMRs) in Bulgaria, specifically deploying BWRX-300 SMRs from GE Vernova Hitachi [1][2] Group 1: Joint Venture Details - The joint venture aims to provide power for Bulgaria's industrial sector, including data centers, and facilitate the decarbonization of district heating [1] - The BWRX-300 units are 300-MW reactors currently under construction in Ontario, Canada [1] Group 2: Company Profiles - SGE, founded in 2018, is a leading European developer of SMR projects and is co-investing in the BWRX-300 standard design [2] - Blue Bird Energy is established to ensure the successful deployment of an SMR fleet in Bulgaria, with major shareholders including Glavbolgarstroy (GBS) and Asarel-Medet JSC [2] Group 3: Project Objectives - The joint venture will focus on selecting and preparing deployment sites in Bulgaria, facilitating site and design licensing, managing construction and project development, coordinating project funding, and ensuring safe, reliable, and efficient commercial operation [3]