Cameco and Brookfield Renewable Acquire Westinghouse Electric Company
November 3, 2023
A consortium led by Cameco and Brookfield Renewable, along with institutional partners, signed an agreement to acquire Westinghouse Electric Company from Brookfield Business Partners. The deal received regulatory approval and is expected to close on or about November 7 (subject to customary closing conditions).
- Buyers
- Cameco, Brookfield Renewable, Brookfield Asset Management, Brookfield Global Transition Fund I, Institutional partners (unspecified)
- Targets
- Westinghouse Electric Company
- Sellers
- Brookfield Business Partners (BBU)
- Platforms
- Brookfield Renewable
- Industry
- Energy
- Location
- Saskatchewan, Canada
- Transaction Type
- Buyout
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