US Aims to Build $80bn Worth of New Nuclear Power Plants by Neil Gerrard
The US government has struck up a partnership with the Canadian owners of Westinghouse Electric as part of a plan to build at least $80 billion worth of new nuclear reactors. Westinghouse Electric’s owners, Canada-based Cameco, which supplies uranium and nuclear fuel services, and Brookfield Asset Management, confirmed the strategic partnership to accelerate the deployment of nuclear power in the US. he US government is expected to arrange financing and secure permits for the new nuclear plants in return for a 20% share of future profits, after Westinghouse has paid out profits of $17.5 billion to Brookfield and Cameco. A national deployment of the reactors could generate 100,000 construction job. US aims to build $80bn worth of new nuclear power plants – Construction Briefing
