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Santee Cooper Selects Private Company to Lead Revival of VC Summer Nuclear Project

Santee Cooper announced Friday that a private company will take over the revival of its failed, multi-billion-dollar nuclear project.

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Canadian giant Brookfield Asset Management is in advanced negotiations to acquire two inactive nuclear reactors in South Carolina, The Wall Street Journal revealed. The goal would be to reconvert facilities to supply data centers, in a context in which the explosion of artificial intelligence use is triggering global energy demand.

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Business Wire broke the news in Crystal River, United States on Friday, October 24, 2025.
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