Brookfield and The Nuclear Company Nuclear Reactor Development JV

planned

Brookfield and The Nuclear Company have formed a joint venture to develop nuclear power plants in the U.S. The venture will focus on deploying Westinghouse Electric Company reactor designs, including the AP1000 and AP300, providing project management, licensing support, and oversight across engineering, procurement, and construction. The first assignment is to conduct due diligence on two partially completed AP1000 reactors at the V.C. Summer site near Jenkinsville, South Carolina, with support from state-owned utility Santee Cooper.