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The firms’ new joint venture is dedicated to building and commissioning reactors from Westinghouse, the U.S.-headquartered nuclear power company of which Brookfield owns 51 per cent. It’s starting by taking over management of a tentative project to complete two unfinished Westinghouse reactors in South Carolina. (The Logic)
Talking point: The Nuclear Company came out of stealth in 2024 with plans to build a fleet of nuclear plants in the United States—historically, the kind of work done by giant engineering firms like Bechtel and Canada’s AtkinsRéalis—based on licensing other companies’ reactor technology. Its founders have backgrounds in renewable energy; they hired longtime U.S. atomic-power executive Joe Klecha as The Nuclear Company’s chief nuclear officer, raised a US$51.3-million Series A capital round in 2025 and signed a deal with Palantir to try to solve the industry’s problems with construction delays and cost overruns.
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