Estonia’s Fermi Energia has signed MoUs with Finnish energy company Fortum and Belgian engineering company Tractebel to cooperate on studying the deployment of small modular reactors in the Baltic country. The three companies said in a joint statement that the Fermi Energia SMR project is now “the leading SMR deployment project in the EU”.Cooperation will focus on developing a licensing model suitable for SMRs and a preliminary siting study for a light-water SMR. Fermi Energia said recently that it is set to begin the process of site selection for a first unit.