Investment in Nuclear Energy - Brookfield is involved in an $80 billion investment in new nuclear plants in the United States, which aims to revitalize the nuclear industry and build a supply chain across America [1][2][4] - The U.S. government is financing the construction of these plants, which will be built by Westinghouse, with Brookfield owning half of the venture [4][5] Public-Private Partnerships - The current U.S. administration is focused on less regulation and more business-friendly policies, which supports public-private partnerships in infrastructure projects [5][20] - The government aims to ensure that American citizens benefit from successful investments in re-industrialization [5] Construction Timeline and Efficiency - The first nuclear plant in South Carolina is expected to be operational by 2030, while subsequent plants will take six to eight years to complete [6] - There is an expectation that as experience and supply chains develop, construction times will decrease over time [6] Energy Demand and Infrastructure - The energy demand is projected to double in the next 15 years, necessitating a diverse energy mix including nuclear, solar, gas, and hydro [9][18] - The need for AI infrastructure and data centers is critical, as countries must adapt to support technological advancements [17][19] Growth in Data Centers - The demand for data centers is increasing significantly, with major technology companies requiring substantial power for operations [12][26] - The capital required for building AI infrastructure is substantial, with estimates of $50 billion for a single AI factory [12][13] Private Credit Market - The private credit market has grown from zero to $2 trillion and is expected to continue expanding significantly in the coming years [31] - This growth is driven by financial institutions shifting their focus to longer-term loan holdings, creating opportunities for private credit firms [31]
Watch CNBC's full interview with Brookfield CEO Bruce Flatt