Westinghouse Electric Co., the Cranberry-based nuclear firm jointly owned by two Canadian companies, Cameco and Brookfield, announced Tuesday an $80 billion commitment from the U.S. government to build new nuclear reactors in the United States.
Bruce Flatt, Brookfield CEO, joins ‘Squawk on the Street’ to discuss the company’s latest nuclear deal with the U.S. government.
The federal government announced that it would back an effort to build several Westinghouse nuclear reactors, but offered few details.
Pittsburgh Post Gazette - 10/19/2025: Cranberry-based Westinghouse Electric Co. says it’s on the verge of announcing contracts for 10 AP1000 reactors, the company’s latest generation large units with a capacity of about 1 gigawatt each.
The American nuclear giant Westinghouse, once on the verge of collapse, is returning—with Canadian capital and a South Korean partner—as a key player for Krško NPP Unit 2.
Read MoreCNBC - July 16, 2025: Westinghouse plans to build 10 large nuclear reactors in the U.S. with construction to begin by 2030, interim CEO Dan Sumner told President Donald Trump at a roundtable in Pittsburgh on Tuesday.
Westinghouse’s big AP1000 reactor generates enough electricity to power more than 750,000 homes, according to the company. Building 10 of these reactors would drive $75 billion of economic value across the U.S. and $6 billion in Pennsylvania, Sumner said.
Forbes - July 17, 2025: Breaking news from the energy sector suggests that a dark horse company is partnering with a well-known household name to introduce a game plan for scalable nuclear energy in America.
Westinghouse is partnering with Google AI Cloud to design a series of new reactors to power the kinds of digital activities that are made possible by modern neural networks.
CBS News - July 16, 2025: With pomp and fanfare, the inaugural Pennsylvania Energy and Innovation Summit in Pittsburgh showcased the technological know-how of the region's universities and vast energy resources. While several investments were unveiled, the region's aspirations are much bigger.
Yahoo Finance - July 17, 2025: The US energy industry’s long nuclear winter may finally be giving way to spring.
None other than Westinghouse, the firm responsible for the only two nuclear reactors built in the US in the past three decades, is among those leading the charge. The company has announced plans to begin construction on 10 reactors in the US by 2030.
