Nuscale Power shares rise 1.46% premarket after announcing a landmark agreement with TVA and ENTRA1 Energy for 6 GW SMR deployment.

Nuscale Power Corporation rose 1.46% in premarket trading, driven by the company's strong support for ENTRA1 Energy's landmark agreement with the Tennessee Valley Authority (TVA) to deploy up to 6 gigawatts of NuScale SMR capacity across TVA's seven-state service region. This historic program is expected to deliver enough carbon-free, baseload electricity to power at least the equivalent of the entire Dallas-Fort Worth metropolitan area, which is essential at a time when sectors such as hyperscale datacenters, artificial intelligence (AI), semiconductor manufacturing, and other critical infrastructure sectors are driving unprecedented electricity demand.