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Billionaire to invest £35bn in small modular nuclear reactors roll out across UK

Consortium led by Michał Sołowow planning enough SMRs to power equivalent of 8m homes for more than 60 yearsA consortium led by the billionaire industrialist Michał Sołowow has announced plans to build 14 small modular nuclear reactors on three sites across the UK, including the location of a former nuclear plant in Gloucestershire.The Polish entrepreneur and rally driver plans to use £35bn of private capital to roll out enough small modular reactors (SMRs) to power the equivalent of 8m UK homes

Billionaire to invest £35bn in small modular nuclear reactors roll out across UK

Published July 2, 2026 · Category: Markets

Overview

Consortium led by Michał Sołowow planning enough SMRs to power equivalent of 8m homes for more than 60 years

A consortium led by the billionaire industrialist Michał Sołowow has announced plans to build 14 small modular nuclear reactors on three sites across the UK, including the location of a former nuclear plant in Gloucestershire.

Details

The Polish entrepreneur and rally driver plans to use £35bn of private capital to roll out enough small modular reactors (SMRs) to power the equivalent of 8m UK homes for more than 60 years, or even power datacentre investments alongside Google.

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Source

Originally published at www.theguardian.com.

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