The government has signed agreements on state support and co-ownership in Videberg Kraft to build three new reactors at Ringhals. The state will take 60 percent ownership in the company.
The agreements were signed on Thursday during a cabinet meeting in Visby. They mean the state enters as majority owner with 60 percent, while Vattenfall and Industrikraft each own 20 percent.
Prime Minister Ulf Kristersson described the decision as historic. He stressed that the state does not abandon its responsibility for stable electricity production.
The company Videberg Kraft will build three small modular reactors from Rolls-Royce SMR. The agreement is now sent to the EU Commission for review, with a decision expected in autumn 2027.