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News Releases

OPG and Westinghouse to Explore Areas for Nuclear Cooperation

Latest example of industry agreements to come out of World Nuclear ExhibitionPicture1-Nov-29-2023-10-52-17-0356-PM 

World Nuclear Exhibition Paris, FRA – Ontario Power Generation (OPG) and Westinghouse Electric Company have signed a Memorandum of Understanding (MOU) establishing a framework for the two organizations to identify potential areas of cooperation for deployment of nuclear technologies.

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.