US to Own Nuclear Reactors Stemming From Japan’s $550 Billion Pledge

The US government plans to buy and own as many as 10 large nuclear reactors, projects that could be paid for by a $550 billion pledged investment fund being offered by Japan.
The new details of the unusual arrangement were outlined Wednesday by Carl Coe, the Energy Department ’s chief of staff, who provided more contours of non-binding commitment made by Japan in October to fund $550 billion in US projects, including as much as $80 billion for the construction of new reactors made by Westinghouse Electric Co.