Three Rolls-Royce SMR units planned for Varo Peninsula near Ringhals nuclear power plant. Selected after rigorous 4+ year process evaluating 70+ reactor options from eight vendors. Total capacity approximately 1,500 MWe. Joint venture of Vattenfall (80%) and Industrikraft i Sverige AB (20%). First new nuclear plant in Sweden in more than 40 years. Target first unit operational mid-2030s.