news_blog_banner_1920x457
News Releases

Westinghouse Electric Company Signs Cooperation Agreement for Lead-cooled Fast Reactor Development

Cranberry Township, Pa, February 22, 2017 –Westinghouse Electric Company has signed a Cooperation Agreement for lead-cooled fast reactor (LFR) technology development with the Italian National Agency for New Technologies, Energy and Sustainable Economic Development (ENEA) and Ansaldo Nucleare. The agreement demonstrates each party’s commitment to collaborating toward the development of a next-generation nuclear plant based on LFR technology, which is both “walk-away” safe and economically competitive across global energy markets.

Westinghouse Electric Company to Provide Engineering Support at Vandellós 1 in Partnership With EDF

MADRID, February 21, 2018 – Westinghouse Electric Company and Electricité de France (EDF), in partnership, announced today that they have been awarded a contract from Empresa Nacional de Residuos Radiactivos (ENRESA), the Spanish agency responsible for radioactive waste management and nuclear plant decommissioning.

Westinghouse Wins 10-year Outage Services Contract With Xcel Energy

Cranberry Township, Pa. – Feb. 12, 2018 – Westinghouse Electric Company today announced it has been awarded a 10-year integrated outage services contract by Xcel Energy for its fleet of nuclear plants in Minnesota – two pressurized water reactor units at the Prairie Island Nuclear Generating Plant in Red Wing, Minnesota and a single-unit boiling water reactor at the Monticello Nuclear Generating Plant in Monticello, Minnesota.

Westinghouse to Continue Nuclear Fuel Delivery to Ukraine Through 2025

BRUSSELS, January 29, 2018 – Westinghouse Electric Company today announced that it has signed a nuclear fuel contract extension with Ukraine’s State Enterprise National Nuclear Energy Generation Company (SE NNEGC) Energoatom. The contract includes nuclear fuel deliveries to seven of Ukraine’s 15 nuclear power reactors between 2021 and 2025, expanding and extending the existing contract for six reactors that was set to expire in 2020.

Brookfield to Acquire Westinghouse Electric Company

Cranberry Township, Pa., Jan. 4, 2018 – Westinghouse Electric Company, the global leader in nuclear technology, fuel and services, has agreed to be acquired by Brookfield Business Partners L.P. (NYSE:BBU) (TSX:BBU.UN) together with institutional partners (collectively, “Brookfield”) for approximately $4.6 billion.