Cameco and Brookfield Renewable Partners mentioned they will acquire Westinghouse Electrical Co. in a deal that will improve nuclear ability, an energy source reinvigorated by the want to lessen the use of carbon-primarily based fuels.
The Canada-based corporations said Tuesday that they are forming a strategic partnership to purchase the nuclear-solutions business enterprise. Brookfield Renewable, with its institutional companions, will have a 51% interest in Westinghouse and Cameco will individual 49%, they reported.