United States Government has officially signed an unprecedented $80 billion nuclear boilerplate. This deal is defined broadly to include Westinghouse Electric Company, Cameco Corporation and Brookfield Asset Management. This ground-breaking agreement is intended to bolster the nation’s nuclear power assets. It furthers President Trump’s support for a fourfold increase in the U.S. generation of nuclear energy. The collaboration will look to identify prospects for deploying cutting-edge advanced AP1000 reactors in other European countries.
Brookfield Business Partners purchased Westinghouse Electric out of bankruptcy in 2018. By November 2023, the company had formally moved to shared ownership under Cameco and Brookfield. Under this new structure, Cameco has the minority 49% stake and Brookfield the 51%. Together, this unprecedented strategic alliance will infuse new vitality into supply chains. Additionally, it will further develop America’s nuclear power industrial base, at home and abroad.
As part of this deal, the U.S. government will take a large participation interest. This will enable it to so-called “sweep” 20% of any cash distributions in excess of $17.5 billion from Westinghouse. If this interest vests by January 2029, the federal government may require an initial public offering. This would be the case if Westinghouse’s entire valuation is expected to be $30 billion or higher.
Delayed Projects and Future Plans
The AP1000 reactors at Vogtle 3&4 in Georgia already suffered historic delays. They were seven years late to finish and $17 billion over budget. Setbacks will not stop Westinghouse from pursuing progress. Their intention is to continue moving forward by beginning project construction and advancing procurement of specialized/critical path equipment with long lead times.
In addition, the company is actively pursuing other agreements to deploy AP1000 technology. They’ve laid claim to a number of other European nations, including Poland, Bulgaria, and most recently, Ukraine. As of late 2025, Europe had not yet operated an AP1000 reactor. This program is a major step towards expanding the region’s pioneering nuclear energy capabilities.
“This historic partnership with America’s leading nuclear company will help unleash President Trump’s grand vision to fully energise America and win the global AI race. President Trump promised a renaissance of nuclear power, and now he is delivering.” – US Energy Secretary Chris Wright
Strategic Implications of the Partnership
Westinghouse and Cameco have formed a new partnership with Brookfield to advance nuclear energy. This partnership is intended to help achieve larger economic objectives. Combined with President Trump’s eight infrastructure-related executive orders, this collaboration is a perfect fit. He argues that in order to meet increasing demands for electricity and strengthen our energy security, we must increase not decrease nuclear power generation.
Connor Teskey, president of Brookfield Asset Management, articulated the broader significance of the deal by stating that it “will help unlock the potential that Westinghouse and nuclear energy can play to accelerate the growth of AI in the United States, while meeting growing electricity demand and energy security needs at scale.”
The partnership’s laser-like focus on long term, sustainable infrastructure investment is remarkable. Teskey added that “Brookfield has more than half a trillion dollars invested in the critical infrastructure that underpins the US economy, and we expect to double that investment in the next decade as we deliver on building the infrastructure backbone of AI.”
Global Significance and Market Opportunities
Westinghouse’s advanced AP1000 reactor technology has already demonstrated success abroad, being operational at China’s Haiyang and Sanmen Nuclear Power Plants. Stanley’s increasing interest in international markets makes a fertile long-term growth opportunity. By further leveraging its technology in Europe and around the world, Westinghouse hopes to increase its global footprint.
The companies expect that this strategic partnership will open new markets for Westinghouse’s and Cameco’s offerings of products, services and technologies. A representative from Cameco or Brookfield noted that they “expect this new partnership to support the global growth opportunities for both Westinghouse’s and Cameco’s nuclear products, services and technologies.”
Executives view the U.S. government as a key partner in this endeavor. With reconfirmation for government’s involvement, they’re convinced that they can now rally even more deployment incentives— of financial, regulatory, policy, and diplomatic support variety— to help deploy Westinghouse reactors.