The initiative aims to accelerate the revival of the US nuclear industry, in line with President Donald Trump’s May executive orders.

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The US government has entered into an US$80 billion partnership with Brookfield Asset Management (TSX:BAM,NYSE:BAM) and Cameco (TSX:CCO,NYSE:CCJ) to construct new Westinghouse nuclear reactors.
The initiative aims to accelerate the revival of the US nuclear industry, while powering the rapid expansion of artificial intelligence (AI) infrastructure, in line with President Donald Trump’s May executive orders.
Under the agreement, the US government will arrange financing and streamline permitting for the new Westinghouse reactors, which will serve as the backbone of America’s next generation of clean and reliable baseload power.
In return, the US government will receive a participation interest that entitles it to 20 percent of future cash distributions made by Westinghouse once the company's profits exceed US$17.5 billion.
The deal also allows Washington to convert that interest into an equity stake of up to 20 percent and to require an initial public offering of Westinghouse by 2029, should its valuation surpass US$30 billion.
“Our administration is focused on ensuring the rapid development, deployment, and use of advanced nuclear technologies,” said Howard Lutnick, US Secretary of Commerce, in a joint press release.
US Secretary of Energy Chris Wright echoed the sentiment, saying the collaboration will “help unleash President Trump’s grand vision to fully energize America and win the global AI race.”
For Brookfield and Cameco, the move solidifies their investment in Westinghouse, which they jointly acquired in 2023. Brookfield first took over Westinghouse in 2018, executing a turnaround that repositioned the company. The firms now expect the US deal to expand their global market reach while reinforcing North American energy independence.
The projects will rely on Westinghouse’s AP1000 reactor design, which the company calls the most advanced and compact reactor on the market, featuring passive safety systems and modular construction.
Six AP1000 reactors are already operating globally, with 14 under construction and several more under contract in countries such as Poland, Ukraine and Bulgaria.
The deal comes as part of the Trump administration’s ongoing push to boost advanced energy manufacturing and strengthen ties with allied nations in the Indo-Pacific. During a trip to Tokyo, Trump announced that Japan will provide up to US$332 billion in infrastructure support for US projects, including the Westinghouse and small modular reactors.
The projects are also expected to create tens of thousands of jobs and support the country’s growing energy demands, including those driven by large-scale data centers.
The most recent Westinghouse reactors built at Georgia’s Vogtle site — completed in 2023 and 2024 — ran about seven years behind schedule and cost roughly US$35 billion, more than double initial estimates.
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Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.
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Giann Liguid is a graduate of Ateneo De Manila University with an AB in Interdisciplinary Studies. With a diverse writing background, Giann has written content for the security, food and business industries. He also has expertise in both the public and private sectors, having worked in the government specializing in local government units and administrative dynamics.
When he is not chasing the next market headline, Giann can most likely be found thrift shopping for his dogs.
When he is not chasing the next market headline, Giann can most likely be found thrift shopping for his dogs.
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Generation Uranium offers investors high-leverage exposure to a potential major discovery in Canada’s underexplored and resource-rich Thelon Basin, led by a management team with a proven track record of securing high-value exits.
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Generation Uranium (CSE:GEN, OTCQB:GENR, FRA:W85) is a Canadian exploration company focused on wealth creation through discovery within the uranium sector. The company’s primary strategy is to build a high-caliber exploration team that can rapidly test and drill high-potential targets, de-risking projects for potential takeover by larger producers. Currently centered in the prolific Thelon and Angikuni Basins of Nunavut, the company is also actively evaluating additional project acquisitions in the Athabasca Basin to expand its portfolio.

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Key Project
Yath Project - Nunavut, Canada
The Yath Project is Generation Uranium’s flagship project. This 100 percent owned property covers about 120 square kilometers within the underexplored Thelon Basin in Nunavut, Canada. The project is located where the Yathkyed and Angikuni sub-basins meet, which is a region known globally for high-grade uranium potential. It sits directly along the same trend as the Angilak Project owned by ATHA Energy (TSXV:SASK, OTCQB:SASFK, FWB:XSU.F), which contains the Lac 50 deposit, one of the highest-grade uranium resources found outside of the Athabasca Basin with a historical mineral resource estimate of 43.3M lbs at an average grade of 0.69 percent U3O8.

The Yath Project is contiguous to the Lac 50 trend and is crossed by several regional faults and basin boundaries. Past exploration work has already identified high priority targets, while surface sampling in the area has produced uranium grades from boulders, with some testing at 9.81 percent, 3.95 percent, and 2.14 percent U3O8.
The company has commenced its initial field program at the site, set to define and rank drill targets. Historic showings will be combined with new anomalies from the MMT geophysics survey, preparing the project for an anticipated drill permit.
Management Team
Michael Collins - CEO & Director
Michael Collins is a professional geoscientist with nearly 30 years of experience in mineral exploration. He has co-founded several public companies, including Exploits Discovery, Prime Mining (acquired in 2025), and Nuclear Fuels (merged with Premier American Uranium in 2025). He is also currently a director of First Atlantic Nickel.
Christoph Bruening - Director
Christoph Bruening is the founder and managing partner of Value Relations GmbH, a full-service investor relations and public relations agency in Frankfurt with over 25 years of excellence, focusing on mining, exploration, biotech and health care. In addition, he has listed over 600 companies on the Frankfurt Stock Exchange and is a speaker and author of several publications, including on rare earths and uranium.
Dallas Miller - Director
Dallas Miller has been working within the international mining industry for over 15 years, working with BHP and Santos Ltd. He has experience on the ground from an operational standpoint, as well as being an integral part of raising millions of dollars in capital funding for both private and public companies in recent years.
Roger Leschuk - VP Corporate Development
Roger Leschuk has been in corporate management for over two decades, with the past 15 years dedicated to corporate development and investor relations. He has experience participating in and assisting with mergers and acquisitions, and was an investment advisor for various services such as stocks, mutual funds and tax-sheltered investments. He is a Chartered Investment Manager and a Fellow of the Canadian Securities Institute.
Monty Sutton - CFO
Monty Sutton brings over 35 years of experience in public markets and corporate governance. He previously served as CFO for Nuclear Fuels from its IPO through its acquisition.
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Giann Liguid is a graduate of Ateneo De Manila University with an AB in Interdisciplinary Studies. With a diverse writing background, Giann has written content for the security, food and business industries. He also has expertise in both the public and private sectors, having worked in the government specializing in local government units and administrative dynamics.
When he is not chasing the next market headline, Giann can most likely be found thrift shopping for his dogs.
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