Brookfield backs U.S.-Korea framework to finance up to $120 billion for eight new U.S. nuclear reactors
Bitget2026/10/01 02:35- Brookfield Renewable Partners LP welcomed a U.S.–Korea framework to finance new U.S. nuclear projects using Westinghouse technology.
- Framework commits up to $120 billion of Korean investment to support construction of eight large reactors on U.S. federal sites.
- Build includes six Westinghouse AP1000 reactors across three two-unit plants, with two APR1400 units also incorporating Westinghouse technology.
- Korea plans a 5%-10% cornerstone equity investment in Westinghouse, aligning partners around long-term deployment.
- Terms are non-binding, subject to final negotiations.
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