Cameco

For the first time in decades, a wave of nuclear projects across the U.S. is advancing in parallel—from test reactors to early construction. POWER examines how first movers are navigating execution risk, supply chain constraints, and the race to achieve criticality by 2026. For the first time since the 1970s, multiple nuclear projects are under […]

Westinghouse Electric Co. has joined with Canada-based Cameco Corp. and Brookfield Asset Management in a partnership that would advance deployment of nuclear power technology across the U.S. The groups on October 28 said at least $80 billion of new reactors, primarily AP1000 units from Westinghouse, would be built at the behest of the U.S. government.

A consortium comprised of Brookfield Renewable Partners, together with its institutional partners, and Cameco Corp. announced on Oct. 11 an agreement to acquire Westinghouse Electric Co. from Brookfield Business Partners (BBU). The deal has a total enterprise value of about $8 billion, including proceeds from the disposition of a non-core asset expected to be received […]

While GE-Hitachi Global Laser Enrichment (GLE) confirmed it hasn’t made a formal decision to proceed with licensing or construction of a laser enrichment facility at Paducah, Ky., the Department of Energy (DOE) announced it has agreed to sell depleted uranium to the company over a 40-year period to help produce nuclear power plant fuel. The […]