Santee Cooper, a power provider in South Carolina, is in advanced talks to sell two inactive nuclear reactors to Brookfield Asset Management (BAM), reported The Wall Street Journal’s Lauren Thomas. Santee Cooper is also holding talks with big tech companies and other entities that could be interested in buying the nuclear power that will be generated there, Santee Cooper Chief Executive Officer Jimmy Staton said in an interview, though terms of the deal being discussed, expected to be valued in the billions, couldn’t be learned, the report noted.
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