Brookfield and The Nuclear Company Form New Entity to Boost U.S. Nuclear Development

Brookfield, a global investment firm, and The Nuclear Company (TNC), a nuclear project developer, have announced a partnership to form a new company aimed at accelerating nuclear development in the U.S. This entity will focus on the deployment of Westinghouse reactor technology, such as AP1000 and AP300 systems.

The new company has been appointed as the project manager for the V.C. Summer nuclear project near Jenkinsville, S.C. This project is considered one of the most ready-to-execute nuclear opportunities in the country. Brookfield’s infrastructure development experience, combined with TNC's nuclear expertise, forms the backbone for this enterprise.

The company will conduct due diligence for the V.C. Summer project, with future development contingent on regulatory approvals and final agreements. The partnership reflects Brookfield's strategic infrastructure investment approach, aiming to revitalize American nuclear capabilities.