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                              March 25, 2022

       Christopher Sorrells
       Chief Executive Officer
       Spring Valley Acquisition Corp.
       2100 McKinney Avenue, Suite 1675
       Dallas, TX 75201

       SPRING VALLEY ACQUISITION CORP.

                                                        Re: Spring Valley
Acquisition Corp.
                                                            Amendment No. 2 to
Registration Statement on Form S-4
                                                            Filed March 14,
2022
                                                            File No. 333-262053

       Dear Mr. Sorrells:

             We have reviewed your amended registration statement and have the
following
       comments. In some of our comments, we may ask you to provide us with
information so we
       may better understand your disclosure.

              Please respond to this letter by amending your registration
statement and providing the
       requested information. If you do not believe our comments apply to your
facts and
       circumstances or do not believe an amendment is appropriate, please tell
us why in your
       response.

              After reviewing any amendment to your registration statement and
the information you
       provide in response to these comments, we may have additional comments.
Unless we note
       otherwise, our references to prior comments are to comments in our
February 25, 2022 letter.

       Registration Statement on Form S-4

       Effects of the Domestication on U.S. Holders, page 153

   1.                                                   We note Exhibit 8.1.
Please revise here to identify counsel and to state clearly that the
                                                        disclosure is counsel's
opinion. See Section III.B.2 of Staff Legal Bulletin No. 19.
       Unaudited Pro Forma Condensed Combined Financial Information, page 169

   2.                                                   You disclose that upon
closing, NuScale Equityholders are expected to hold securities
                                                        exchangeable for an
aggregate of 178,064,697 shares of NuScale Corp Class A Common
                                                        Stock (or Cash). Please
revise your disclosure to clarify the facts and circumstances that
 Christopher Sorrells
Spring Valley Acquisition Corp.
March 25, 2022
Page 2
      will permit the securities to be exchangeable for cash, including the
exchange ratio and
      any other terms of the exchange. Please also explain to us why you
believe equity
      classification of the shares is appropriate.
       You may contact Andi Carpenter at 202-551-3645 or Kevin Stertzel at
202-551-3723 if
you have questions regarding comments on the financial statements and related
matters. Please
contact Erin Donahue at 202-551-6001 or Geoffrey Kruczek at 202-551-3641 with
any other
questions.



                                                           Sincerely,
FirstName LastNameChristopher Sorrells
                                                           Division of
Corporation Finance
Comapany NameSpring Valley Acquisition Corp.
                                                           Office of
Manufacturing
March 25, 2022 Page 2
cc:       Matt Pacey
FirstName LastName