Westinghouse Electric Co., Cameco Corp. and Brookfield Asset Management entered a strategic partnership with the U.S. government to accelerate the deployment of nuclear power, in accordance with President Trump’s May 23, 2025, Executive Orders.
Nuclear energy deployment will be a central pillar of America’s program to maintain global leadership in nuclear power development and AI. As part of the partnership, at least $80 billion of nuclear reactors will be constructed using Westinghouse technology. Once constructed, the reactors will generate reliable and secure power, including for significant data center and compute capacity that will drive America’s growth in AI.
“Our administration is focused on ensuring the rapid development, deployment, and use of advanced nuclear technologies. This historic partnership supports our national security objectives and enhances our critical infrastructure,” said Howard Lutnick, secretary for the U.S. Department of Commerce.
Connor Teskey, President of Brookfield, said: “This partnership with the U.S. government will help unlock the potential that Westinghouse and nuclear energy can play to accelerate the growth of artificial intelligence in the USA, while meeting growing electricity demand and energy security needs at scale.”
“We expect this new partnership to support the global growth opportunities for both Westinghouse’s and Cameco’s nuclear products, services and technologies, adding significant long-term value for our stakeholders and enhancing energy, national and climate security around the world,” said Tim Gitzel, CEO of Cameco.