October 28, 2025- Investorideas.com (www.investorideas.com
Newswire), a go-to investing platform covering energy stocks releases
a news and trading alert for Cameco Corporation (TSX: CCO) (NYSE: CCJ).
The stock makes the TSX top percentage gainer on an $80 Billion dollar
nuclear deal . The stock is trading at 148.32 +27.06, gaining 22.32%
on volume of over 1.9 Million shares as of this report.
Cameco Corporation (TSX: CCO) ( NYSE: CCJ) today announced that it,
along with (Brookfield), has entered into a binding term sheet with
the United States Department of Commerce (US Government) to establish
a strategic partnership, which is expected to accelerate the global
deployment of Westinghouse Electric Company’s (Westinghouse)
nuclear reactor technologies and reinvigorate supply chains and the
nuclear power industrial base in the US and abroad.
Possible conflict of interest ???…
BROOKFIELD, NEWS, Aug. 26, 2020– Brookfield Asset Management
(NYSE: BAM) (TSX: BAM.A) announced the appointment of Mark Carney as
a Vice Chair and Head of ESG and Impact Fund Investing. Mark brings
a wealth of knowledge and expertise to his role at Brookfield.
News summary
Cameco Corporation and Brookfield Asset Management, joint owners of
Westinghouse Electric Company, have signed a binding term sheet with
the United States Department of Commerce to form a strategic
partnership aimed at accelerating the global deployment of
Westinghouse’s proven nuclear reactor technologies. Announced on
October 28, 2025, in Saskatoon, Saskatchewan, the collaboration seeks
to reinvigorate U.S. and international nuclear supply chains while
enhancing energy, national, and climate security. Under the agreement,
the U.S. government will provide financing, permitting support, and
regulatory facilitation for new Westinghouse reactors built in the
U.S., representing an aggregate investment of at least US$80 billion,
including near-term funding for long-lead items.
The reactors are expected to deliver reliable power to the American
grid, powering critical infrastructure such as data centers to fuel
artificial intelligence growth. Cameco CEO Tim Gitzel highlighted the
partnership’s potential to drive value creation and boost confidence
in nuclear power’s expansion, leveraging U.S. executive orders for
financial and policy incentives. This move positions Cameco as a key
supplier for fueling Westinghouse’s technologies long-term, supporting
diversified global nuclear capacity.
Full news
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