Game-changing nuclear deal: Westinghouse and Hyundai to transform Bulgaria’s energy future

Game-changing nuclear deal: Westinghouse and Hyundai to transform Bulgaria’s energy future

In a groundbreaking move for Bulgaria’s energy sector, Westinghouse Electric Company, in collaboration with Hyundai Engineering & Construction Co., has signed a pivotal engineering services contract with “Kozloduy NPP – New Powers” EAD. This partnership marks the beginning of an ambitious project aimed at developing two AP1000 nuclear reactors at the Kozloduy nuclear power plant […]

Westinghouse Electric marks major milestone with first pressing of advanced nuclear fuel

Westinghouse Electric marks major milestone with first pressing of advanced nuclear fuel

Westinghouse Electric Company has achieved a significant milestone in nuclear fuel technology with the completion of its initial pressing of Low Enriched Uranium Plus (LEU+) ADOPT nuclear fuel pellets. This accomplishment was realised at Westinghouse’s Springfields Fuel Manufacturing Facility in the United Kingdom, a key player in the company’s global operations. The milestone represents a […]

Westinghouse AP300 SMRs to power UK’s transition to renewable energy

Westinghouse AP300 SMRs to power UK’s transition to renewable energy

Westinghouse Electric Company has announced a partnership with Community Nuclear Power, Ltd. (CNP) to establish the United Kingdom’s first privately-financed small modular reactor (SMR) fleet in North Teesside, Northeast England. This ambitious project, set to feature four Westinghouse AP300 SMRs, marks a pivotal step towards the realization of a new energy sector in the UK, […]

Westinghouse Electric completes full acquisition of Tecnatom from Endesa

Westinghouse Electric completes full acquisition of Tecnatom from Endesa

Westinghouse Electric Company has officially announced the complete acquisition of Tecnatom, a long-standing partner, from Endesa. This strategic move, which followed the receipt of all regulatory approvals, strengthens Westinghouse’s role in the Spanish nuclear industry and its global customer base. Strengthening Global Nuclear Services Westinghouse initially acquired a 50% stake in Tecnatom in 2021 and […]

Brookfield to buy nuclear power company Westinghouse Electric from Toshiba

Brookfield to buy nuclear power company Westinghouse Electric from Toshiba

Energy acquisition news : Brookfield Business Partners alongside its institutional partners has struck a deal to acquire bankrupt US-based nuclear power company Westinghouse Electric Company from Japanese conglomerate Toshiba Corporation for $4.6 billion. As per the deal terms, the Bermuda-based asset management company will purchase almost all of Westinghouse Electric’s global business as well as […]