Westinghouse, Brookfield and Cameco’s Strategic Partnership with the U.S. Government to Construct at Least $80 Billion of New Nuclear Reactors
October 28, 2025
On October 28, 2025, Westinghouse Electric Company (“Westinghouse”), Brookfield Asset Management (“Brookfield”) and Cameco Corporation (“Cameco”) announced that the U.S. Government has entered into a strategic partnership to accelerate the deployment of nuclear power. At the center of the new strategic partnership, at least $80 billion of new reactors will be constructed across the United States using Westinghouse nuclear reactor technology. The partnership contains profit sharing mechanisms that provide for all parties, once certain thresholds are met, to participate in the long‑term financial and strategic value that will be created within Westinghouse by the growth of nuclear energy and advancement of investment into AI capabilities in the United States. Cravath is representing Westinghouse and Brookfield in connection with the strategic partnership.
The Cravath team is led by partners Richard Hall and Adam M. Sanchez and includes associates Maurice Temming and Helen Catherine Darby on M&A matters; partner Matthew M. Kelly on financing matters; and partner Christopher K. Fargo and associate Carlos Nicholas Obando on tax matters. T. Nguyen also worked on M&A matters.
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People
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LL.M., 1988, Harvard Law School
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LL.B., 1986, University of Melbournewith Honors
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B.Com., 1984, University of Melbournewith Honors
- New York
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J.D., 2016, Columbia Law School
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B.A., 2013, St. John's University
- New York
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J.D., 2013, New York University School of LawJohn Norton Pomeroy Scholar; Benjamin Butler Scholar; Order of the Coif, magna cum laude
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A.B., 2006, Dartmouth Collegecum laude
- New York
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J.D., 2006, Columbia Law SchoolHarlan Fiske Stone; Michael Lynne Scholar
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B.A., 2003, Boston CollegeHonors Program, cum laude
- New York
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