USTDA funds technical assistance for Meralco PowerGen Corp. to evaluate U.S. small modular reactor designs for the Philippines' first SMR nuclear power plant

USTDA granted Meralco PowerGen Corp. $1.2 million for technical assistance to evaluate U.S. SMR designs for the Philippines' first nuclear power plant. This non-repayable grant directly funds Meralco PowerGen's comprehensive due diligence on U.S. SMR technology for the Philippines' initial nuclear power deployment. The investment strategically positions U.S.

Counterparts (3)

Partner

P

Philippines Meralco PowerGen Corp. (MGEN)

company

USTDA

company

The U.S. Trade and Development Agency (USTDA) helps companies create U.S. jobs through the export of U.S. goods and services for priority development projects in emerging economies. USTDA links U.S. businesses to export opportunities by funding project preparation and partnership building activities.

U

U.S. Trade and Development Agency (USTDA)

company