Fermi Energia

Tallinn, Estonia
Active
BWR

Company overview

Founded
2019
Total funding
Private — EU and Estonian government support
Technology
BWR — Boiling Water Reactor

About

Fermi Energia is Estonia's pioneering nuclear energy developer that officially selected the BWRX-300 SMR in 2023 as the technology for Estonia's first nuclear power plant. The company is conducting site selection and regulatory framework development activities targeting operations by the mid-2030s. Fermi Energia's selection of the BWRX-300 makes Estonia the first Baltic state to commit to a specific SMR technology and positions it as a regional energy security leader in the post-Russia-dependence era.

Key investors

Private Estonian and European investors

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