Cameco, Brookfield Renewable Partners to Buy Westinghouse Electric Co. for $7.88 Billion

Cameco and Brookfield Renewable along with institutional partners, are planning to buy Westinghouse Electric Co.

The companies said Tuesday that they are forming a strategic partnership to acquire the nuclear services business. Brookfield Renewable, with its institutional partners, will own a 51% interest in Westinghouse and Cameco will own 49%, they said.