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Goldman Sachs Sticks to Its Buy Rating for Cameco (CCJ)
The U.S. Department of Energy has provided $17.5 billion in loan guarantees for five nuclear power projects, accelerating the construction of nuclear reactors.
The U.S. Department of Energy has announced the provision of $17.5 billion in conditional loan guarantees to Westinghouse Electric and several utility companies to procure critical components for ten AP1000 nuclear reactors, potentially shortening the deployment timeline for these units by two to three years. Operators of ultra-large-scale data centers will sign power purchase agreements lasting up to 25 years to support the projects, with the first units expected to come online as early as the mid-2030s—marking a robust resurgence of U.S. nuclear power after decades of dormancy, fueled by the surging demand for AI‑driven computing capacity.
Unusually Active Option Classes on Open June 23rd
'US to Award $17.5 Billion in Loans for Large Nuclear Reactors' - Bloomberg
Canada Eyes Expansion of Large-Scale Nuclear Reactors to Meet Energy Needs
$1000 Invested In Cameco 10 Years Ago Would Be Worth This Much Today