Fulcrum Point Holdings and Blue Castle Holdings form joint venture for US nuclear power plant project
Type: Partnership · Technology: Nuclear · Country: United States · Announced: 2026-05-29
Fulcrum Point Holdings and Blue Castle Holdings have established a joint venture to advance Blue Castle's nuclear power plant project at Green River in Utah. This partnership will focus on site development, licensing, and the eventual deployment of reactors. The project intends to utilize Holtec International's SMR-300 small modular reactor technology. This collaboration marks a material step in bringing new nuclear energy capacity to the United States.
Analysis
Fulcrum Point Holdings and Blue Castle Holdings have formed a joint venture to advance Blue Castle's nuclear power plant project at Green River in Utah, with the project intending to utilize Holtec International's SMR-300 small modular reactor technology. Holtec International is a diversified energy technology company specializing in nuclear fuel and waste management, nuclear plant decommissioning, and the development of clean energy solutions. The joint venture was announced on 2026-05-29, and the partnership will focus on site development, licensing, and the eventual deployment of reactors. The value of the joint venture has not been disclosed. The project is located in the United States, specifically in Utah.
Key points
- Partners: Fulcrum Point Holdings and Blue Castle Holdings
- Supplier: Holtec International
- Location: Green River, Utah, United States
- Technology: SMR-300 small modular reactor
- Announcement date: 2026-05-29
Counterparties
- Holtec International (Supplier)
- Blue Castle Holdings (Partner)
- Fulcrum Point Holdings (Partner)