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M&AAnnouncedOctober 11, 2022

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
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

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