Centrus Energy and Fluor Forge EPC Deal for Multi-Billion-Dollar Ohio Enrichment Expansion
Centrus Energy's subsidiary American Centrifuge Operating has engaged Fluor as lead EPC contractor on its multi-billion-dollar uranium enrichment expansion in Ohio. The expansion aims to boost enrichment capacity, clear a substantial low-enriched uranium backlog and meet rising demand from existing reactors.
1. Partnership Announcement
Centrus Energy’s subsidiary American Centrifuge Operating selected Fluor as lead EPC contractor for its Ohio uranium enrichment plant expansion, securing engineering, procurement and construction services under a multi-billion-dollar agreement.
2. Project Scope and Objectives
The expansion project will enhance annual uranium enrichment through advanced centrifuge technology, aiming to clear a significant low-enriched uranium backlog and satisfy growing order volumes from existing nuclear reactors.
3. Strategic and Market Impact
By scaling enrichment capacity, Centrus expects to strengthen its market position in the nuclear fuel sector, alleviate supply constraints for utilities and support long-term revenue growth through multi-year contract execution.