The state-owned power provider, Santee Cooper, approved a letter of intent to work with Brookfield Asset Management on completing reactors that have been stalled for eight years—since their builder, Westinghouse, went bankrupt. Canada’s Brookfield, which now controls Westinghouse in a partnership with Saskatchewan’s Cameco, would buy the units if the deal goes through. (The Logic)

Talking point: The next stage of the process includes talks with potential users of the 2,200 megawatts of electricity the reactors would produce—which might include a power-hungry Google data centre. Brookfield has said it sees investment opportunities in the AI boom, given its holdings in real estate, infrastructure and electricity. Santee Cooper and another utility spent US$9 billion on the nuclear project before it was suspended and now Santee Cooper wants to sink no more money into it; the utility said the combination of Westinghouse’s expertise and Brookfield’s financial resources made their proposal the most appealing of 15 it received.