Cameco Joins an $80 Billion Partnership for More Westinghouse Nuclear Reactors in the USA!

To satisfy the energy demand of the AI age, Cameco (49% shareholder in Westinghouse), infrastructure company Brookfield Asset Management (51% owner of Westinghouse), and the US government have announced a deal. This aims to advance the construction of nuclear power plants based on Westinghouse technology. As part of this agreement, investments of at least $80 billion are to be made to establish new reactors like the AP-1000, secure approvals and funding from the US government, and revitalize the domestic nuclear supply chain. Cameco is known...