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Brookfield Proposes $2.7B Nuclear Deal Amid Hurdles

12/9/2025

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Summary

Story summary

Brookfield Asset Management proposed a $2.7 billion deal with Santee Cooper to complete two reactors abandoned in 2017 amid delays and cost overruns.
If finalized, Brookfield would retain 75% of the generated power, and negotiations could take up to two years.
U.S. President Donald Trump’s administration seeks to quadruple U.S. nuclear power generation, despite watchdog groups warning of hurdles such as inspections and permit renewals for the long-dormant plant.

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Story summary

Brookfield Asset Management proposed a $2.7 billion deal with Santee Cooper to complete two reactors abandoned in 2017 amid delays and cost overruns.
If finalized, Brookfield would retain 75% of the generated power, and negotiations could take up to two years.
U.S. President Donald Trump’s administration seeks to quadruple U.S. nuclear power generation, despite watchdog groups warning of hurdles such as inspections and permit renewals for the long-dormant plant.