Brookfield/Cameco-owned Westinghouse secures US nuclear construction deal

Brookfield/Cameco-owned Westinghouse Secures US Nuclear Construction Deal

Westinghouse Electric, a nuclear power firm owned by Brookfield Asset Management and Cameco Corporation, has partnered with the US government to construct at least $80bn worth of nuclear reactors.

The agreement, established by the US government under the president's executive orders, aims to accelerate the deployment of nuclear power by constructing new reactors across the US using Westinghouse nuclear reactor technology.

“This historic partnership supports our national security objectives and enhances our critical infrastructure.” - Howard Lutnick, Secretary for the US Department of Commerce

The partnership involves the deployment of Westinghouse's AP1000 reactor, the most advanced reactor commercially available.

Author's summary: Westinghouse secures US nuclear deal.

more

IPE Real Assets IPE Real Assets — 2025-10-28

More News