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Updated: Westinghouse Welcomes Potential Canadian Financing for Poland’s First Nuclear Power Plant

Funding Interest Signals Canada’s Nuclear Supply Chain is Ready to Work for Global New Build Projects 

Peterborough, Ontario, December 9, 2024 – Westinghouse Electric Company welcomes the Letter of Interest (LOI) for up to U.S. $1.45 billion ($2.02 billion CAD) in potential financing from Export Development Canada (EDC) to support the sale of goods and services by Canadian suppliers to build Poland’s AP1000 project, its first nuclear power plant. Westinghouse will help facilitate the potential financing for Polskie Elektrownie Jadrowe (PEJ), the state-owned company that is responsible for developing the plant at the Lubiatowo-Kopalino site in Pomerania. 

Westinghouse Appoints New President for Canada

Toronto, Ontario, November 13, 2024 – Westinghouse Electric Company today named John Gorman as its newly appointed President, Westinghouse Canada. In this role, Mr. Gorman will be responsible for leading all external affairs in Canada with responsibility to drive strategic growth across Westinghouse’s full suite of product and service offerings.

Westinghouse Hosts Canadian Suppliers at Symposium for Global Advanced Reactor Fleet

Program Highlights Supply Chain Opportunities for AP1000® Reactor, AP300™ Small Modular Reactor and eVinci™ Microreactor

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Dr. Rita Baranwal, Senior Vice President for the AP300™ SMR, speaks to suppliers.

Westinghouse and Seaspan Sign MoU for AP1000® and AP300™ Projects

Agreement Supports Deployment of Advanced Reactors in Canada and Globally

Peterborough, Ontario, October 10, 2024 — Westinghouse Electric Company and Seaspan ULC announced today that they have signed a memorandum of understanding (MoU) to support nuclear new-build projects in Canada and around the world. Under the agreement, Seaspan has the potential to manufacture key AP1000® and AP300™ reactor components, including pipe spools and steel structures.

Westinghouse Releases Report on Economic Impact of AP1000® Deployment in Canada

Study Finds Initial $28.7 Billion Canadian Dollars to be Generated for GDP with $8.1 Billion More Annually

Ontario, Canada, Feb. 28, 2024 – Westinghouse Electric Company released a comprehensive, independent report today from PricewaterhouseCoopers LLC (PwC) outlining the significant economic impact for Canada by deploying four AP1000® reactor units in Ontario.