Global investment firm Brookfield and nuclear project development and delivery company The Nuclear Company will form a joint venture to develop nuclear projects using US company Westinghouse's reactor technology.
As part of the deal, Brookfield, the Canada-based owners of Westinghouse, has appointed the new venture as project manager for the proposed restart of the partially built Summer Units 2 and 3 in South Carolina. The Summer project will now be known as the Fairfield County nuclear project, a statement said
The partnership’s ambition is to establish a “world-leading nuclear project execution company”, the statement said.
The business will offer deployment of nuclear projects based exclusively on Westinghouse reactor technology, including AP1000 and AP300.
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