Cameco
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Nuclear
Westinghouse Enters Partnership for $80 Billion of New Nuclear Reactors
Westinghouse Electric Co. has joined with Canada-based Cameco Corp. and Brookfield Asset Management in a partnership that would advance deployment of nuclear power technology across the U.S. The groups on October 28 said at least $80 billion of new reactors, primarily AP1000 units from Westinghouse, would be built at the behest of the U.S. government.
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Nuclear
Nuclear Giant Westinghouse Acquired by Renewable Power Company and Uranium Fuel Supplier
A consortium comprised of Brookfield Renewable Partners, together with its institutional partners, and Cameco Corp. announced on Oct. 11 an agreement to acquire Westinghouse Electric Co. from Brookfield Business Partners (BBU). The deal has a total enterprise value of about $8 billion, including proceeds from the disposition of a non-core asset expected to be received […]
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Nuclear
Paducah Laser Nuclear Enrichment Facility Gets Fuel but Not Formal Construction Decision
While GE-Hitachi Global Laser Enrichment (GLE) confirmed it hasn’t made a formal decision to proceed with licensing or construction of a laser enrichment facility at Paducah, Ky., the Department of Energy (DOE) announced it has agreed to sell depleted uranium to the company over a 40-year period to help produce nuclear power plant fuel. The […]