The ACE Nuclear Energy Act expands EXIM Bank's capacity to finance U.S. nuclear exports by excluding civil nuclear project loans from its default rate calculation. BWX Technologies is the highest-conviction beneficiary as the sole pure-play U.S. nuclear manufacturer. The bill is early-stage (introduced March 2026, referred to committee) and currently has no House companion.
→ EXIM Bank can now finance more civil nuclear reactor and fuel exports without hitting its statutory default rate cap, increasing the total credit envelope available for U.S. nuclear exporters competing against state-backed Chinese and Russian nuclear financing (e.g., China's CGN, Russia's Rosatom).