Cameco and Brookfield Partner with US Government to Accelerate Westinghouse Nuclear Reactor Deployment

Reuters
11/01
Cameco and <a href="https://laohu8.com/S/BN">Brookfield</a> Partner with US Government to Accelerate Westinghouse Nuclear Reactor Deployment

Cameco Corporation has announced a strategic partnership with Brookfield Asset Management and the United States Department of Commerce to accelerate the deployment of Westinghouse Electric Company's nuclear reactor technologies. Under the agreement, the US Government will arrange financing and facilitate permitting and approvals for new Westinghouse nuclear reactors to be constructed in the United States, representing an aggregate investment value of at least US$80 billion. Cameco holds a 49% interest in Westinghouse through its partnership with Brookfield. The parties are expected to negotiate definitive agreements to replace the current binding term sheet, with the initiative subject to regulatory approvals and customary conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cameco Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-260490), on October 31, 2025, and is solely responsible for the information contained therein.

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