U.S.-Korea strategic investment includes $120bn for nuclear reactors – a positive sign in ongoing nuclear buildout progress

Post-close on 9/30, the United States and the Republic of Korea announced the first major projects under the $350bn U.S.-Korea Strategic Investment Program established as part of the 2025 trade agreement. The initial package includes approximately $200bn of investments across nuclear power, electricity infrastructure, and LNG development, highlighted by $120bn under Project Power for the construction of eight large-scale U.S. nuclear reactors (six AP1000s and two APR1400s). The announcement represents one of the largest recent commitments to energy infrastructure globally and further highlights growing government support for nuclear power as part of broader energy security, industrial competitiveness, and power demand strategies. Nuclear deployment emerges as the largest component of the investment package, and the agreement supports the objective outlined in the May 2025 U.S. Nuclear Energy Executive Order. The Project Power agreement includes a $10bn advance payment by the end of the