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US-based Westinghouse Electric Company said on 31 May that it had completed its acquisition of BHI Energy. The deal brings together two energy companies to create the nuclear industry’s first fully integrated outage, maintenance and modification services business.

By incorporating BHI’s service quality and customer partnerships, Westinghouse has expanded its global capabilities and expertise in nuclear plant maintenance and modification services, industrial services, power delivery, and complementary renewable offerings for solar, wind and hydro power.

“Both Westinghouse and BHI customers will benefit from the integrated industry-leading practices from both companies,” said Patrick Fragman, Westinghouse President and CEO. “The combination of these complementary organisations further strengthens our ability to serve the nuclear operating fleet through an expanded presence in our core business, while setting a new standard in outage and maintenance efficiencies.”

Date: Friday, 03 June 2022
Original article: neimagazine.com/news/newswestinghouse-acquires-bhi-energy-9745849