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Rolls-Royce wins Qatar backing for mini nuclear reactor project

Sovereign fund to take 10% stake in project that is part of UK push for net zero carbon emissions by 2050

Qatar will invest £85m in a Rolls-Royce led programme to build a new generation of smaller nuclear reactors, as part of the UK’s push to meet its 2050 net zero carbon targets.

The investment by the Gulf state’s sovereign wealth fund is a significant boost to the programme, which is aiming to develop a UK-designed small nuclear reactor to be built in factories and then assembled on site, reducing the risks and huge costs of construction of big nuclear power plants.

UK ministers