BROOKFIELD, News,
The conditional financing package will enable eligible utility and energy company partners, the anticipated owners of the projects, to purchase long-lead items and help accelerate construction and commercial operations of Westinghouse reactors by up to three years, with the aim of having 10 reactors under construction by 2030. It is expected that
While this conditional commitment indicates DOE’s intent to provide loans to finance the projects, Westinghouse, its owners, and its partners must satisfy certain technical, legal, environmental, and financial conditions before
About Brookfield
Brookfield Asset Management Ltd. (NYSE: BAM, TSX, BAM) is a leading global alternative asset manager, headquartered in New York, with over $1 trillion of assets under management across infrastructure, energy, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world — including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. We draw on Brookfield’s heritage as an owner and operator to invest for value and generate strong returns for our clients, across economic cycles.
For more information, please visit our website at www.brookfield.com
Contact information:
| Media: | Investors: |
| Simon Maine | Alex Jackson |
| Managing Director – Corporate | Vice President – Investor |
| Communications | Relations |
| (332) 298-0447 | (416) 484-8525 |
| [email protected] | [email protected] |
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