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News Releases

Westinghouse Completes 100% Acquisition of Tecnatom

Spanish Company will Boost Westinghouse's Global Offerings in Nuclear Refueling, Maintenance, Inspection Services, Engineering, Training, and Digital Services and Products

MADRID – Nov. 29, 2023 – Westinghouse Electric Company announced the full acquisition of long-standing partner Tecnatom from Endesa after obtaining all regulatory approvals. Together, Westinghouse and Tecnatom will continue to provide critical services to the Spanish nuclear industry and its global base of customers.

First Canadian eVinci™ Microreactor Targeted for Saskatchewan

Saskatchewan Research Council Receives Government Funding for Project Development

CRANBERRY TOWNSHIP, Pa. – Nov. 27, 2023 – Westinghouse Electric Company today congratulated Saskatchewan Research Council on its funding to operate the first-ever eVinci™ microreactor in Canada. Westinghouse and SRC signed an MOU last year to jointly develop a project to locate an eVinci microreactor in Saskatchewan to further explore industrial, research and energy use applications. 

Fitch Ratings and Moody’s Upgrade Westinghouse Credit Ratings

Revised Ratings Reflect Strength of Business Performance and Improved Market Outlook

CRANBERRY TOWNSHIP, Pa., Nov. 27, 2023 – Westinghouse Electric Company announced upgraded credit ratings from Moody’s Investors Service and Fitch Ratings and revised Positive Outlook from S&P Global.  

Westinghouse Acquisition by Brookfield and Cameco Complete

The New Shareholding Will Further Strengthen Westinghouse’s Growth as a Leader in the Clean Energy Sector

Cranberry Township, PA, November 7, 2023 – As announced earlier today, a consortium comprised of Brookfield Asset Management (NYSE: BAM, TSX: BAM), and alongside its publicly listed affiliate Brookfield Renewable Partners (NYSE: BEP; TSX: BEP.UN) and its institutional partners (“Brookfield”), and Cameco (NYSE: CCJ; TSX: CCO) completed its acquisition of Westinghouse Electric Company.

Westinghouse Seeks to Expand 30-Year Partnership with Czech Republic with Proven AP1000® Reactors

Westinghouse/Bechtel Consortium Offers Sharp Contrast to First-of-a-Kind Designs Proposed by Other Two Bidders

PRAGUE, Oct. 31, 2023 – Westinghouse Electric Company, along with construction partner Bechtel, today submitted its proposal to supply the Czech Republic with as many as four AP1000® reactors, the safest, most advanced nuclear technology available today. The bid proposes construction of one AP1000 unit at the Dukovany nuclear site, with the potential for a second unit there and two additional units at the Temelin site.