NuScale is undergoing a merger with Spring Valley Acquisition Corp after which the company will become publicly traded. The company's majority investor is Fluor Corporation. NuScale SMR is not a revolution in nuclear power technology, which is why many institutions are challenging NuScale's achievements. For example, IEEFA describes the project as too expensive and too risky. "Too late, too expensive, too risky and too uncertain" is how a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) described NuScale's proposed small modular reactor (SMR) project. The analysis, released by the institute February 17, primarily focuses on the SMR project the Oregon-based company is building for Utah Associated Municipal Power Systems (UAMPS) at a U.S. Department of Energy (DOE) site in Idaho. However, the institute noted it was outlining cost risks, construction timelines, and competitive alternatives for all buyers in the SMR market.