Corporate

Westinghouse / Company To Be Sold For $7.9 Billion In Further Sign Of Nuclear Power Revival

By David Dalton
12 October 2022

Buyers Cameco and Brookfield says reactors are critical technology for world grids
Company To Be Sold For $7.9 Billion In Further Sign Of Nuclear Power Revival
Brookfield invested $1bn in equity to acquire Westinghouse after it went into bankruptcy in 2017 amid cost overruns at Vogtle in Georgia, pictured, and Summer in South Carolina
Canada-based uranium miner Cameco and Brookfield Renewable Partners are to acquire nuclear power plant equipment maker Westinghouse Electric in a $7.9bn (€8.1bn) deal, amid renewed interest in nuclear energy and its role in contributing to energy security and combatting the effects of climate change.

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