Deals Counterparts

Fluor selected as EPC partner for Centrus uranium enrichment plant expansion

Partnership Nuclear announced Piketon, USA Feb 11, 2026
construction
Stage

Fluor Corporation has been awarded a multi-year contract by Centrus Energy’s subsidiary, American Centrifuge Operating, LLC, to serve as the integrated engineering, procurement and construction partner to expand its low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU) enrichment facility in Piketon, Ohio.

Deal Analysis

Fluor Corporation has been selected as the EPC partner for Centrus Energy's subsidiary, American Centrifuge Operating, LLC, to expand its uranium enrichment facility in Piketon, Ohio. This multi-year contract signifies a strategic move to bolster domestic uranium enrichment capabilities, specifically for low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU). The partnership aims to enhance the production capacity of enriched uranium, a critical component for nuclear power plants. The deal is notable due to Fluor's involvement as a major EPC player in the energy sector, coupled with Centrus Energy's position as a key supplier of enriched uranium. While the financial value of the contract remains undisclosed, the expansion project itself points to a growing demand for enriched uranium within the United States. This expansion could reduce reliance on foreign sources and strengthen the domestic nuclear fuel supply chain. The project is being undertaken by American Centrifuge Operating, LLC, a subsidiary of Centrus Energy Corp. focused on uranium enrichment services.
  • Fluor Corporation, a major EPC player, is involved.
  • Centrus Energy is a key supplier of enriched uranium fuel.
  • The project aims to expand LEU and HALEU enrichment capacity.
  • The expansion could reduce reliance on foreign sources for enriched uranium.
Market Context: The deal operates within the nuclear sector, specifically uranium enrichment. Centrus Energy Corp. is a supplier of enriched uranium fuel for commercial nuclear power plants.

Source Intelligence

KEY DETAILS

The project is expected to create more than 1,300 Ohio jobs during construction and operation. Quote: The project is expected to create more than 1,300 Ohio jobs during construction and operation

Location
to expand its low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU) enrichment facility in Piketon, Ohio.
Announcement
Wednesday, February 11, 2026
PARTIES MENTIONED IN SOURCE
F
Fluor Corporation EPC partner

"Fluor Corporation (NYSE: FLR) announced today that it has been awarded a multi-year contract by Centrus Energy’s subsidiary, American Centrifuge Operating, LLC."

A
American Centrifuge Operating, LLC developer

"Fluor Corporation (NYSE: FLR) announced today that it has been awarded a multi-year contract by Centrus Energy’s subsidiary, American Centrifuge Operating, LLC."

C
Centrus Energy developer

"Fluor Corporation (NYSE: FLR) announced today that it has been awarded a multi-year contract by Centrus Energy’s subsidiary, American Centrifuge Operating, LLC."

high quality Enriched Feb 19, 2026

Timeline

Announced
Feb 11, 2026
Signed
Closed

Market Context

This deal is part of the Nuclear sector in USA.
64
Nuclear deals
206
deals in USA
1 of 63 Nuclear deals tracked this month · Updated daily

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