The federal government is set to help to secure permits and arrange financing for the construction of a series of nuclear reactors across the country.
Those facilities will come about as the result of an unusual partnership between Washington and Brookfield Asset Management, Cameco, and Westinghouse Electric to build what is estimated to be upwards of $80 billion in new reactors.
According to the Reuters news service, the plan is offering the U.S. government “a 20% share of future profits after Westinghouse has paid out profits of $17.5 billion to Brookfield and Cameco.”
In return, the U.S. government would be able to transform that profit into a 20% equity stake, requiring a public offering by Westinghouse within the next four years if its value surpasses $30 billion.
One of the ideas behind the historic partnership is to hasten the global deployment of Westinghouse’s nuclear reactor technologies, while also bolstering the U.S. nuclear power industrial base.
In a statement, Connor Teskey, president of Brookfield, said the partnership will “help unlock the potential that Washington and nuclear energy can play to accelerate the growth of artificial intelligence in the United States, while meeting growing electricity demand and energy security needs at scale.”
A press release issued from Westinghouse said that each two-unit project has the potential to create and sustain upwards of 45,000 jobs nationally. Once the reactors are built, continues the release, the new facilities will generate “reliable and secure power, including the significant data center and compute capacity that will drive America’s growth in AI.”
Where exactly the new reactors will be built has not been announced, but an executive order issued by President Trump last spring created a regulatory framework for both the Department of Defense and Department of Energy to construct nuclear reactors on federal land.
November 4, 2025
By Garry Boulard
Photo courtesy of Unsplash
