Cranberry Township, PA, October 11, 2022 – As announced earlier today, a consortium comprised of Cameco (NYSE: CCJ; TSX: CCO) and Brookfield Renewable (NYSE: BEP; TSX: BEP.UN, BEPC), together with its institutional partners, has signed an agreement to acquire Westinghouse Electric Company from Brookfield Business Partners (BBU).
Companies Sign Agreement to Continue Long-Standing Collaboration to Deploy Lead-cooled Fast Reactor
Cranberry Township, PA, October 3, 2022 – Westinghouse Electric Company and Ansaldo Nucleare signed a new cooperation agreement to develop the next-generation nuclear power plant based on Lead-cooled Fast Reactor (LFR) technology.
Cranberry Township, PA, September 28, 2022 – Westinghouse Electric Company has signed a definitive agreement to sell the Power Delivery business of BHI Energy Co. (BHI) to United Utility Services, a portfolio company of Bernhard Capital Partners. The Power Delivery business provides industry-leading specialty services in design, construction, maintenance and storm restoration to the transmission and distribution (T&D) end markets.
Cranberry Township, PA, September 27, 2022 – Westinghouse Electric Company has signed a service agreement with the Canadian Nuclear Safety Commission to bring its eVinci™ microreactor closer to commercialization. The agreement initiates a Vendor Design Review (VDR) which is a pre-licensing technical assessment of the eVinci microreactor design. Westinghouse will execute both Phases 1 and 2 of the VDR as a combined program, signaling the eVinci microreactor’s design and technology maturity.
Warsaw, Poland, September 22, 2022 – Westinghouse Electric Company has signed Memoranda of Understanding with 22 companies in Poland. The MoUs, signed in the presence of the U.S. Ambassador to Poland Mark Brzeziński allow for cooperation on the potential construction of AP1000® reactors in the first Polish nuclear power plant and other potential AP1000 plant projects in Central Europe.
