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Revival of South Carolina's Abandoned Nuclear Reactors at V.C. Summer Site

Sector: Power Transmission • Location: Jenkinsville, South Carolina, United States

Source: thecanadianpressnews.ca

Project
Planned

A private company, Brookfield Asset Management, has offered $2.7 billion to revive and complete the construction of two abandoned nuclear reactors at the V.C. Summer Nuclear Station in Jenkinsville, South Carolina. The project was abandoned in 2017 after falling behind schedule and incurring massive cost overruns. The deal involves Brookfield paying the state-owned utility Santee Cooper and receiv

Status
Prospective
Sector
Power Transmission, Nuclear, Power Generation (CCGT), Government
Location
Jenkinsville, South Carolina, United States of America
Updated
22 Jul 2026
Source
thecanadianpressnews.ca

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The project “Revival of South Carolina's Abandoned Nuclear Reactors at V.C. Summer Site” is an infrastructure initiative in the Power Transmission sector, located in Jenkinsville, South Carolina, United States. Taiyo aggregates data on it from thecanadianpressnews.ca.

Participants

Sponsoring Agency

Company

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

A private company, Brookfield Asset Management, has offered $2.7 billion to revive and complete the construction of two abandoned nuclear reactors at the V.C. Summer Nuclear Station in Jenkinsville, South Carolina. The project was abandoned in 2017 after falling behind schedule and incurring massive cost overruns. The deal involves Brookfield paying the state-owned utility Santee Cooper and receiving at least 75% of the power generated, which they can sell mostly to customers like data centers. The project requires extensive inspections, permit renewals, and license renewals before construction can resume.

Original sector

Energy

Budget

Location

Country

United States of America (USA)

State

South Carolina

City

Jenkinsville

Source

Source

thecanadianpressnews.ca

URL

More Details

Record type

Project

Sector

Power Transmission, Nuclear, Power Generation (CCGT), Government

Article published date

2025-12-12

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