Brookfield in talks to buy Santee Cooper’s nuclear reactors for data centers - WSJ

Published 24/10/2025, 17:10
© Reuters.

Investing.com -- Santee Cooper, a major power provider in South Carolina, has entered advanced negotiations to sell two inactive nuclear reactors to Brookfield Asset Management that could power data centers supporting the AI industry, according to a report from the Wall Street Journal.

The Santee Cooper board approved Brookfield’s proposal on Friday, allowing the parties to begin exclusive discussions to finalize terms in the coming weeks, according to Santee Cooper executives.

The financial details of the potential deal, which is expected to be valued in the billions of dollars, have not been disclosed.

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