Brookfield Asset Management, Cameco, and Westinghouse recently announced a plan, along with the US government, to put $80 billion into building new nuclear power capacity.
From the link, I thought this part was interesting…
Brookfield has more than half a trillion dollars invested in the critical infrastructure that underpins the U.S. economy, “and we expect to double that investment in the next decade as we deliver on building the infrastructure backbone of artificial intelligence,” Brookfield President Connor Teskey said in a statement.
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Brookfield was recently chosen to finish the incomplete Summer 2 & 3 nuclear plants in South Carolina. Construction was halted in 2017, mostly due to the bankruptcy of Westinghouse, which was the supplier of the reactor and related large equipment. Westinghouse is under new management now, so hopefully they can get this project completed.
_ Pete