09:29 AM EDT, 05/04/2026 (MT Newswires) -- Brookfield (BN) and nuclear project development company The Nuclear Company said Monday that they are forming a company to develop Westinghouse nuclear reactor technology.

Brookfield owns a 51% stake in Westinghouse.

They said the as-yet-unnamed company will provide execution capabilities to deploy nuclear projects based exclusively on Westinghouse reactor technology and will be the project manager for the Fairfield County, S.C., nuclear project.

The new company is intended to support due diligence activity for the project, which remains subject to further evaluation, regulatory approvals and the execution of definitive agreements.

Financial terms were not disclosed.

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