Westinghouse Electric Company — global nuclear services company (HQ Cranberry Township, PA)
Brookfield Renewable + Cameco acquire Westinghouse Electric — $7.875B EV. Brookfield 51%, Cameco 49%. Positions nuclear at heart of energy transition. Closed November 2023. One of largest 2022 nuclear-services transactions.
$7.88B
Deal Value
Nuclear
Technology
PA
Location
Deal Details
- Deal Type
- Corporate M&A
- Seller / Sponsor
- Brookfield Business Partners
- Buyer / Financier
- Brookfield Renewable + institutional partners (51%) and Cameco (49%)
- Deal Value
- $7.875B EV (~$4.5B equity: $2.3B Brookfield / $2.2B Cameco)
- Stage
- Operating
- ISO/RTO
- PJM
- Source
- Brookfield Renewable
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