U.S.-listed shares of Canadian uranium supplier Cameco rise 12% to $97.07 premarket.

Company, along with Brookfield Asset Management BAM.TO and Westinghouse Electric Company, enters a partnership with the U.S. government to accelerate the deployment of nuclear power.

Partnership aims to build at least $80 billion worth of new nuclear reactors across the country.

The reactors are expected to generate reliable and secure power for the U.S. grid, for data center operations and compute capacity.

Until last close, stock was up 68.5% YTD.