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Rolls-Royce SMR — Qatar Investment Authority Backed Programme

Developer
Rolls-Royce SMR / QIA / BNF Resources / Exelon Generation
Capacity
470 MWe
Last updated
5/14/2026

Project overview

Reactor type
PWR
Announced
1/1/2023
Projected operational
12/31/2035

Notes

Qatar Investment Authority (QIA) joined Rolls-Royce Group, BNF Resources UK Ltd, and Exelon Generation Ltd as shareholders in Rolls-Royce SMR — a significant vote of confidence from one of the world's largest sovereign wealth funds. The £280 million in private investment alongside £210 million of government grant funding means the development phase of the Rolls-Royce SMR programme is fully funded through its current stage. QIA's investment signals Gulf sovereign wealth fund interest in European SMR technology.

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