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South Carolina’s State Utility Says Private Firm Set to Restart Abandoned $9 Billion Nuclear Project

Santee Cooper seeks private partner Brookfield to build reactors at V.C. Summer site with no risk to taxpayers after $9 billion loss in canceled project.

  • South Carolina's state-owned utility is looking to a private company to revive a $9 billion nuclear power plant project that was abandoned eight years ago.
  • Brookfield Asset Management preliminarily agreed to provide Santee Cooper with some power generated from the revived nuclear project.
  • After eight years of abandonment, the plant equipment and structures need inspection before use, and permits need renewal to restart construction.
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South Carolina's state utility says private firm set to restart abandoned $9 billion nuclear project

South Carolina's state-owned utility is negotiating with Brookfield Asset Management to revive a nuclear power project abandoned eight years ago.

·United States
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  • 61% of the sources lean Left
61% Left

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U.S. News broke the news in New York, United States on Friday, October 24, 2025.
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