Fusion Fuel Cycles Inc. (FFC), a joint venture between Canadian Nuclear Laboratories and Kyoto Fusioneering, has secured a CA$20 million loan. The financing was provided by the Japan Bank for International Cooperation (JBIC) and MUFG Bank, Ltd.
This loan is specifically designated to advance FFC's UNITY-2 Test Loop. The funding demonstrates a shared commitment between Canada and Japan to accelerate the deployment of clean energy technologies.
MUFG's participation in this financing highlights its support for international collaboration in the growing global fusion industry. This investment aligns with broader efforts to develop sustainable energy solutions.
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