News Releases

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.

Westinghouse Announces New Chief Human Resources Officer

Cranberry Township, PA, October 30, 2023 – Westinghouse Electric Company announced today the appointment of Ann Miller as Chief Human Resources Officer (CHRO).

Westinghouse Launches eVinci™ Microreactor Accelerator Hub

Pittsburgh Facility Advances Commercialization of Groundbreaking Technology

CRANBERRY TOWNSHIP, Pa. – Oct. 24, 2023 – Westinghouse Electric Company today announced the launch of a new design and manufacturing facility near downtown Pittsburgh to accelerate commercialization of the eVinci™ microreactor. In June, Westinghouse established eVinci™ Technologies LLC as a separate business unit within the company to streamline all aspects of bringing the microreactor to the market.