Shareholders
and Partners


Rolls-Royce SMR

Rolls-Royce SMR has been established as an independent company, drawing on decades of Rolls-Royce experience in nuclear design and engineering, while capturing industry leading expertise, support from the UK Government and investment from world class companies.

Rolls Royce SMR was formed to develop an innovative approach to deploying nuclear power. This vision is backed by the UK Government, world class investors and an international nuclear operator.

Our Investors

Rolls-Royce

Rolls Royce is one of the world’s leading industrial technology companies. It has led the design, development, and the investment programme to secure equity for Rolls-Royce SMR. Rolls-Royce remains the majority shareholder.

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BNF Resources Limited,

BNF Resources Limited forms part of a family office with extensive investments in the energy space.  The company is represented and advised by BNF Capital Limited, an FCA regulated investment advisory business based in the UK.

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Constellation

Constellation is the nation’s largest producer of carbon-free energy and the leading competitive retail supplier of power and energy products and services for homes and businesses across the United States. Headquartered in Baltimore, its generation fleet powers more than 20 million homes and businesses and is helping to accelerate the nation’s transition to clean energy with more than 32,400 megawatts of capacity and annual output that is 90 percent carbon-free. Constellation has set a goal to eliminate 100 percent of its greenhouse gas emissions by leveraging innovative technology and enhancing its diverse mix of hydro, wind and solar resources paired with the nation’s largest carbon-free nuclear fleet. Constellation’s family of retail businesses serves approximately 2 million residential, public sector and business customers, including three-fourths of the Fortune 100.

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Qatar Investment Authority

Qatar Investment Authority (“QIA”) is the sovereign wealth fund of the State of Qatar. QIA invests across a wide range of asset classes and regions as well as in partnership with leading institutions around the world to build a global and diversified investment portfolio with a long-term perspective that can deliver sustainable returns and contribute to the prosperity of the State of Qatar.

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Partners in Government

UKRI Innovate UK

UKRI Innovate UK is a non-departmental public body sponsored by the Department for Business, Energy and Industrial Strategy (BEIS). They are the UK's largest public funder of research and innovation. UKRI Innovate UK supported Phase I of the SMR development through a match fund provision of £18 million and will provide up to £215 million in match funding to support research and development aspects of the Generic Design Assessment process in Phase II.

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Partners in Industry

Rolls-Royce SMR established the largest national engineering collaboration the UK has ever seen, uniting some of the most respected and innovative engineering organisations on the planet who now act as supply chain partners, able to contribute their design and industry experience to strengthen the Rolls-Royce SMR business.

What they are saying


"Energy security, decarbonisation and electrification are fundamental to the growth and success of modern economies and the health of the planet, and have led to a significant and inevitable growth in the demand for new nuclear power. I am honoured to have the opportunity to contribute to Rolls-Royce SMR and the deployment of the UK's vital and deliverable solution to the global energy security challenge."

Sir Stephen Lovegrove GCMG KCB, Rolls-Royce SMR Chair

Next generation technologies such as Small and Advanced Modular Reactors, new nuclear will both produce low carbon power and create jobs and growth across the UK.

The Ten Point Plan for a Green Industrial Revolution, HM Government

Rolls-Royce is a great British company, which is why we previously made up to £210 million available from the advanced nuclear fund to Rolls-Royce SMR Ltd to support the development of its small modular reactor design.

Parliamentary Under Secretary of State (Minister for Nuclear and Networks), Andrew Bowie MP

SMRs are one of the most advanced nuclear power technologies in the world. Rather than having to be built on site, they're smaller and can be made in factories, transforming how power stations are built by making construction faster and less expensive. This tech could result in billions of pounds of public and private sector investment.

Prime Minister, The Rt Hon Rishi Sunak MP