SGE signs nuclear fuel cooperation agreements with ENUSA and GENUSA to support BWRX-300 deployment across Europe

On April 14, 2026, SGE signed two nuclear fuel-related agreements with Spanish partners ENUSA Industrias Avanzadas S.A. and GNF ENUSA Nuclear Fuel S.A. (GENUSA), strengthening the company’s capabilities in nuclear fuel strategy, procurement preparation, and supply-chain development. The two contracts complement one another and support SGE’s broader model of building a platform for BWRX-300 Small Modular Reactor fleet deployment across European markets. Under the agreement with ENUSA, SGE will work on developing a roadmap toward a fuel material procurement model, including strategic, technical, and commercial cooperation regarding the procurement of low enriched uranium in the form of UF6, its components, and delivery to the manufacturing or re-conversion plant. Under the agreement with GENUSA, SGE will receive consultancy, training, and engineering support related to organizational and technical aspects of nuclear fuel supply, as well as manufactured nuclear fuel and related engineering services. Together, these agreements expand SGE’s access to expertise across key stages of the nuclear fuel value chain and help prepare the company for future SMR fuel procurement and delivery. The two agreements are an important step in expanding the European supply chain around the BWRX-300 and reinforcing the industrial foundations needed for fleet deployment. They also leverage the established operating track record of GNF2, the proven nuclear fuel design, which has been licensed and used in Europe for nearly two decades. For SGE, fuel readiness is a critical part of building  BWRX-300 fleet deployment platform. Alongside regulatory progress, project development, financing, and industrial execution, the long-term availability of fuel-related services and supply arrangements will be essential to delivering repeatable nuclear projects at scale. “Across Europe, we are building the industrial and supply-chain foundations needed to deploy the BWRX-300 at scale. Our agreements with ENUSA and GENUSA add an important fuel-related dimension to that work, strengthening the broader ecosystem required for fleet deployment across multiple markets. Together, these partnerships help reinforce the practical delivery model we are advancing in Europe, built on proven technology, strong industrial cooperation, and the capabilities needed to execute projects over the long term” – said Rafał Kasprów, CEO of SGE. “This agreement marks an important milestone for ENUSA, supporting its Strategic Plan and reinforcing our commitment to fuel supply reliability and innovation. It strengthens ENUSA’s role as a trusted industrial partner and aligns with the nuclear sector’s transformation driven by SMRs and advanced reactors, contributing to a stronger international positioning.” – said Mariano Moreno, President and CEO of ENUSA “With decades of proven fuel fabrication experience, Global Nuclear Fuel is ready to support the deployment of the BWRX-300 in Europe by providing SGE with fuel engineering and technical support,” said Josh Parker, COO of GNF and CEO of GENUSA. “Through this framework agreement with SGE, and through our GENUSA partnership, we are proud to bring our broad nuclear fuel expertise to help build a strong foundation for successful BWRX-300 project execution.” These agreements mark another concrete step in SGE’s strategy to build the industrial and supply-chain foundations for BWRX-300 deployment across Europe. By expanding cooperation in nuclear fuel-related areas with ENUSA and GENUSA, SGE is reinforcing the broader ecosystem required for fleet-based delivery in Central and wider Europe, combining proven technology with the partnerships needed to support long-term project execution.