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Canada’s Cameco has announced that acquisition of?Westinghouse Electric Company in a strategic partnership with Brookfield Asset Management alongside Brookfield Renewable Partners and institutional partners has been completed. Cameco now owns a 49% interest and Brookfield a 51% in Westinghouse.
- Source: NEI Magazine
- Date: Wednesday, 15 November 2023
- Original article: neimagazine.com/news/newscameco-and-brookfield-complete-acquisition-of-westinghouse-11297387
Cameco has announced that its joint acquisition of Westinghouse Electric Company with Brookfield Asset Management, alongside its publicly listed affiliate Brookfield Renewable Partners and institutional partners, has now received all required regulatory approvals. The UK Competition and Markets Authority (CMA) has cleared the Cameco Corp and Brookfield Renewable Partners' $7.875bn deal to acquire Westinghouse Electric. CMA, which began considering the deal in August, said it will not refer the merger for further investigation.
- Source: NEI Magazine
- Date: Thursday, 09 November 2023
- Original article: neimagazine.com/news/newscameco-and-brookfield-receive-regulatory-approval-to-acquire-westinghouse-11282477
Cameco Corporation and Brookfield Renewable Partners, together with its institutional partners (the consortium), are forming a strategic partnership to acquire Westinghouse Electric Company. Brookfield Renewable, with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%.
- Source: NEI Magazine
- Date: Friday, 14 October 2022
- Original article: neimagazine.com/news/newscameco-and-brookfield-renewable-to-acquire-westinghouse-10084610
There is no credible net-zero scenario in which nuclear does not grow its capacity from today, global asset management company Brookfield said in a newly released White Paper.
- Source: World Nuclear News
- Date: Tuesday, 04 October 2022
- Original article: world-nuclear-news.org/Articles/Brookfield-sees-new-dawn-for-nuclear
Brookfield has completed its purchase of Westinghouse Electric Company from Japan's Toshiba Corporation, marking Westinghouse's exit from Chapter 11 bankruptcy protection as a restructured company.
- Source: World Nuclear News
- Date: Thursday, 02 August 2018
- Original article: world-nuclear-news.org/Articles/Westinghouse-sale-to-Brookfield-completed
Private equity companies Blackstone Group and Apollo Global Management have formed a consortium to buy out US-based Westinghouse Electric Co from a Japanese Toshiba corporation, Reuters reported on 27 September, citing “people familiar with the matter”.
- Source: NEI Magazine
- Date: Tuesday, 03 October 2017
- Original article: neimagazine.com/news/newsus-companies-consider-westinghouse-buy-out-5939306
Japan’s Nuclear Regulation Authority (NRA) has accepted applications for the restart of 26 reactors at 16 sites since the introduction of new safety and security standards after the March 2011 Fukushima-Daiichi accident, the Japan Atomic Industrial Forum (Jaif) said.
- Source: NEI Magazine
- Date: Friday, 17 March 2017
- Original article: neimagazine.com/news/newsjapans-nra-dealing-with-26-restart-applications-5765626
Russia Fuel Company TVEL (part of state nuclear corporation Rosatom) hopes that first pilot assemblies of Russian TVS-Kvadrat fuel will be loaded into a reactor in the US in 2018, TVEL vice president for commerce and international cooperation Oleg Grigoriev told journalists at the International Forum ATOMEXPO 2016 in Moscow on 30 May. Full-scale manufacturing is expected to begin in 2020. This follows an agreement announced on 24 May between TVEL and Global Nuclear Fuel Americas (GNF-A) to work together to introduce Russian-designed pressurised water reactor fuel into the USA.
- Source: NEI Magazine
- Date: Tuesday, 07 June 2016
- Original article: neimagazine.com/news/newsrussias-tvel-seeks-to-sell-fuel-assemblies-to-us-4915825
Global Nuclear Fuel (GNF), a GE-led joint venture with Hitachi Ltd and Toshiba Corporation, announced on 11 September that its newest boiling water reactor (BWR) fuel innovation, NSF channels, has been approved for use by the US Nuclear Regulatory Commission.
- Source: NEI Magazine
- Date: Monday, 14 September 2015
- Original article: neimagazine.com/news/newsus-nrc-approves-gnf-fuel-innovation-4669592
Ukrainian nuclear utility Energoatom in the first six months of 2015 bought fuel assemblies for Ukraine's nuclear plants worth $208.1m from Russian fuel company TVEL, according to the State Statistics Service.
- Source: NEI Magazine
- Date: Monday, 24 August 2015
- Original article: neimagazine.com/news/newsukraine-looks-to-reduce-nuclear-fuel-supplies-from-russia-4653681