Brookfield Asset Management Announces Strategic Partnership for Nuclear Power Development

On October 28, 2025, Brookfield Asset Management Ltd., Westinghouse Electric Company, and Cameco Corporation announced a strategic partnership with the United States Government to accelerate the deployment of nuclear power. The partnership aims to construct at least $80 billion worth of nuclear reactors using Westinghouse technology, which will support the growth of the American nuclear power industry and its supply chain. This initiative is expected to create significant job opportunities and enhance the U.S.'s leadership in nuclear power and artificial intelligence. Brookfield, which initially acquired Westinghouse in 2018, plans to double its investment in critical infrastructure over the next decade.