Centrus Energy Secures Fluor as EPC Partner for Multi-Billion Dollar Uranium Enrichment Plant Expansion

summarizeSummary

Centrus Energy has signed a multi-year EPC agreement with Fluor Federal Services to design, engineer, procure, and construct its previously announced multi-billion dollar uranium enrichment facility expansion in Piketon, Ohio.

check_boxKey Events

• Material EPC Agreement Signed

  Centrus's subsidiary, American Centrifuge Operating, LLC, entered into an Engineering, Procurement and Construction (EPC) agreement with Fluor Federal Services, Inc. on February 9, 2026.

• Multi-Billion Dollar Expansion Project

  The agreement covers the design, engineering, procurement, construction, and commissioning of the previously announced multi-billion dollar commercial uranium enrichment facility in Piketon, Ohio.

• Strategic Partnership with Fluor

  Fluor, a global leader in complex nuclear construction, will manage the project on a time and materials basis, with funding authorized incrementally. This partnership is crucial for advancing the large-scale deployment of uranium enrichment capacity.

• Supports National Energy Security

  The expansion aims to increase production of Low-Enriched Uranium (LEU) and High-Assay, Low-Enriched Uranium (HALEU), addressing commercial backlogs and national security needs, following recent government contracts and investments.

auto_awesomeAnalysis

This 8-K details a critical step in Centrus Energy's previously announced multi-billion dollar expansion of its uranium enrichment facility in Piketon, Ohio. The company's subsidiary, American Centrifuge Operating, LLC, has entered into a material Engineering, Procurement and Construction (EPC) agreement with Fluor Federal Services, Inc. This partnership with a global leader in complex nuclear construction projects significantly advances the execution phase of the expansion, which is vital for increasing Low-Enriched Uranium (LEU) production and High-Assay, Low-Enriched Uranium (HALEU) capacity for next-generation reactors and national security missions. The agreement underscores the company's commitment to operational excellence and its strategic role in restoring U.S. uranium enrichment capabilities.