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Westinghouse

ACTIVENRC LICENSINGINTERNATIONAL
Active Projects
US Government AP1000 Fleet — $80B Strategic Partnership
STRATEGIC PARTNERSHIP SIGNED OCT 28, 2025; PROJECT SITES BEING IDENTIFIED
REACTOR TYPE
AP1000 fleet (10+ units; 2-unit plants standard)
TARGET DATE
2030
LOCATION
Multiple US sites (TBD)
CUSTOMER
US Department of Commerce — anchor customer + facilitator

Trump Administration partnership signed in Tokyo October 28, 2025 during the US-Japan Framework Agreement. Minimum aggregate value $80B for Westinghouse reactor construction across the United States. Westinghouse plans 10 new plants in the US with construction starting 2030. PwC March 2025 study around a 10-unit fleet projected $92.8B GDP during construction phase + $1.03 trillion over 80-year operating lifetime, supporting up to 44,300 jobs annually for 13 years during construction. Aligns with Trump's May 2025 executive orders calling for 10 large new reactors under construction by 2030. US Government has 20% profit share above $17.5B threshold paid to Brookfield + Cameco.

Canadian New-Build Program — Saskatchewan + Tetra Tech
ACTIVE DEVELOPMENT
LOCATION
Canada (Saskatchewan focus)
CUSTOMER
SaskPower + Saskatchewan government

January 28, 2026 — Westinghouse and Tetra Tech Canada signed agreement for nuclear new-build projects in Canada. Aligns with Saskatchewan's pursuit of small modular reactor + larger fleet deployment. Cameco (49% Westinghouse owner) is Saskatoon-headquartered, providing strong Canadian institutional presence.

Hungary Nuclear Fuel Partnership
ACTIVE PARTNERSHIP
LOCATION
Hungary
CUSTOMER
Hungarian government + Hungarian utility

November 2025 — Westinghouse and Hungary established a landmark nuclear fuel partnership. Strengthens Westinghouse's European nuclear fuel supply chain and adds Hungary to the Westinghouse fuel customer base alongside fuel supply for Ukraine's legacy VVER fleet (which Westinghouse converted to non-Russian fuel in recent years).

Ukraine AP1000 — Energoatom Program (9 Units)
MEMORANDUM + INITIAL UNIT CONTRACT SIGNED; BROADER PROGRAM SUBJECT TO WARTIME CONDITIONS
10053 MWe
REACTOR TYPE
AP1000 (9 units = 10,053 MWe)
TARGET DATE
NaN
LOCATION
Multiple Ukraine sites including Khmelnytskyi NPP (Unit 4)
CUSTOMER
SE NNEGC Energoatom (Ukrainian state nuclear utility)

Largest single-country AP1000 commitment globally. Memorandum of cooperation signed August 31, 2021 between Westinghouse and Energoatom; initial contract signed November 22, 2021. Initial scope: completion of Khmelnytskyi NPP Unit 4 + four additional units at other Ukrainian NPPs. Commitment subsequently expanded to 9 total units. Long-term strategic relationship subject to wartime operational realities — Energoatom continues commercial coordination throughout the conflict.

Fermi America Amarillo TX — Doosan-Built AP1000 (4 Units)
ANNOUNCED 2025
4468 MWe
REACTOR TYPE
AP1000 (4 units = 4,468 MWe)
LOCATION
Amarillo, Texas, USA
CUSTOMER
Fermi America (data center developer) + Doosan Enerbility (Korean manufacturer)

Fermi America agreement with Doosan Enerbility (Korean nuclear equipment) to deploy 4 Westinghouse AP1000 reactors as part of Amarillo TX data center development. Total capacity ~4.5 GW. Demonstrates the AI-data-center / large reactor convergence; first announced AP1000 deployment specifically for hyperscaler load.

Poland AP1000 — Choczewo (3 Units)
ENGINEERING DEVELOPMENT AGREEMENT SIGNED APRIL 2025; EPC TARGETED END OF 2025
3351 MWe
REACTOR TYPE
AP1000 (3 units = 3,351 MWe)
TARGET DATE
NaN
LOCATION
Lubiatowo-Kopalino site, Choczewo, Pomeranian Voivodeship, Baltic Coast, Poland
CUSTOMER
Polskie Elektrownie Jądrowe (PEJ — Polish state-owned)

Poland's first nuclear power program. Westinghouse-Bechtel consortium signed Engineering Development Agreement (EDA) with PEJ on April 28, 2025 — witnessed by Polish PM Donald Tusk and US Energy Secretary Chris Wright. EDA covers site development, regulatory documentation, and geological studies. EPC agreement targeted for end of 2025. Estimated 100B+ PLN economic impact + tens of thousands of construction/operation jobs. Arabelle Solutions providing 3 half-speed steam turbine and generator sets. February 2026: Westinghouse welcomed US financing announcement for Poland's first nuclear plant.

VC Summer 2+3 — Potential Restart
RESTART EVALUATION IN PROGRESS (BROOKFIELD + SANTEE COOPER)
2234 MWe
REACTOR TYPE
AP1000 (2 units = 2,234 MWe)
LOCATION
Jenkinsville, South Carolina, USA
CUSTOMER
Santee Cooper (state utility) + Brookfield (potential financing partner)

V.C. Summer Units 2+3 construction abandoned July 2017 after $9B+ spent (triggering Westinghouse bankruptcy). January 2025: Santee Cooper began exploring construction and financing partners to finish the two stored-but-unfinished AP1000 units. October 2025: Brookfield (Westinghouse 51% owner) entered negotiations with Santee Cooper to potentially restart construction — directly aligned with the $80B US Government partnership.

Vogtle Units 3 + 4 — US Reference Plant
COMMERCIAL OPERATION
2234 MWe
REACTOR TYPE
AP1000 (2 units = 2,234 MWe)
LOCATION
Augusta, Georgia, USA
CUSTOMER
Georgia Power (Southern Company) + Oglethorpe Power + MEAG Power + Dalton Utilities

First new US large reactors in 30+ years. Vogtle 3 online July 2023; Vogtle 4 online April 2024. Together with units 1+2 makes Vogtle the largest operating nuclear facility in the United States (~4,500 MW). Westinghouse filed January 2026 to update the AP1000 design certification using the Vogtle expansion as the US reference plant — a strategic move to enable fleet-scale deployment. Construction history is the cautionary tale: $14B planned → $30B+ actual; original 2016/2017 commercial dates → 2023/2024 actual. Lessons-learned anchor for future fleet builds.

AP1000® — Technology Platform
OPERATING + COMMERCIAL PIPELINE (40-YEAR DESIGN CERTIFICATION THROUGH FEB 2046)
1117 MWe
REACTOR TYPE
Generation III+ Pressurized Water Reactor with passive safety
COOLANT
Light water (single-loop)
FUEL
Standard low-enriched uranium

Westinghouse's flagship large reactor — the only operating Gen III+ reactor with fully passive safety systems, modular construction design, and the smallest footprint per MWe on the market. NRC design certification originally issued 2006, amended 2011 and 2021. In August 2025 NRC extended the AP1000 design certification duration to 40 years, expiring February 27, 2046. Westinghouse filed January 2026 to update the AP1000 design certification using Vogtle Units 3+4 as the US reference plant — a strategic move to enable fleet-scale deployment per Trump's May 2025 nuclear executive orders. Status: 6 reactors operating (Vogtle 3+4 US, 4 in China — Sanmen + Haiyang); 14 under construction; 5 under contract; expected 18 operating by end of decade.

Bulgaria AP1000 — Kozloduy NPP (1+ Units)
ENGINEERING CONTRACT SIGNED NOVEMBER 2024; SUPPLY CHAIN MOUS EXPANDED APRIL 2024
1117 MWe
REACTOR TYPE
AP1000
TARGET DATE
NaN
LOCATION
Kozloduy NPP, Bulgaria
CUSTOMER
Bulgaria (Kozloduy NPP operator + Bulgarian government)

Bulgaria selected AP1000 for nuclear program. Westinghouse signed engineering contract for AP1000 reactors at Bulgaria November 2024; key contract extension October 2024. April 2024 supply chain MOUs with Bulgarian companies expanded local industrial participation. (Connects to broader Eastern European AP1000 footprint alongside Poland, Ukraine.)

AP300™ — Small Modular Reactor
PRE-LICENSING / COMMERCIAL DEVELOPMENT
300 MWe
REACTOR TYPE
300 MWe single-loop pressurized water reactor (AP1000-derivative SMR)
COOLANT
Light water
FUEL
Standard low-enriched uranium
TARGET DATE
NaN

Westinghouse's SMR offering — 300 MWe single-loop PWR derived directly from licensed AP1000 technology. Launched May 2023. Commercial advantages: leverages AP1000 supply chain, design certification heritage, and operating fleet experience. Customer interest: Slovakia (deployment discussions since 2023), various European utilities, US data center applications. Note: AP300 is included as part of the Oct 2025 US Government partnership ("primarily AP1000 units... and also small modular nuclear reactors").

eVinci™ Microreactor
DETAILED DESIGN + DOE MICROREACTOR PROGRAM PARTICIPANT
5 MWe
REACTOR TYPE
5 MWe heat pipe microreactor
FUEL
TRISO (HALEU)
TARGET DATE
NaN

Westinghouse's microreactor offering — 5 MWe heat pipe microreactor designed for portable/distributed power applications. Uses TRISO HALEU fuel. DOE Microreactor Program participant. Targets remote communities, military bases, mining, data centers. Solid-state cooling via heat pipes (no pumps, no coolant pressurization).

Funding Intelligence
M&A — Brookfield + Cameco Acquisition$7.875B enterprise value (closed Nov 2023)
Q4 2023

Brookfield Asset Management (51%) and Cameco Corporation (49%) completed acquisition of Westinghouse Electric Company. Strategic partnership formed October 2022 to acquire Westinghouse from previous Brookfield Business Partners ownership. Sets up the current ownership stack subject to the 2025 US Government participation interest.

US Government Strategic Partnership$80B+ minimum reactor contracts
Q4 2025

Trump Administration partnership signed in Tokyo. US Department of Commerce will help arrange financing and facilitate permitting for at least $80B of new Westinghouse reactor construction across the United States. Part of the broader $500B Japan-US infrastructure investment framework finalized with Japanese PM Sanae Takaichi. Each two-unit AP1000 project creates ~45,000 manufacturing/engineering jobs across 43 states. Conditional terms: US Government receives a 20% share of future profits after Westinghouse pays at least $17.5B to Brookfield and Cameco. Government can convert profit share into a 20% equity stake. Mandatory IPO trigger by January 2029 if certain valuation thresholds met.

Company Snapshot
CEO
Dan Sumner
Last Round
$80B+ minimum reactor contracts
Q4 2025
Funding Stage
Private (Brookfield 51% + Cameco 49% + US Gov participation interest)
Founded
1886
HQ
Cranberry Township, USA
Target Date
2030
Customer
US Department of Commerce — anchor customer + facilitator
Headcount
11,000