westinghouse electric company cranberry township pa

The acquisition of Westinghouse is expected to close in the second half of 2023, subject to closing conditions and approvals.ĭan Santoro, Cranberry Township manager, said Thursday he does not expect any changes to the campus off Cranberry Woods Drive.

When the transaction is finalized, Brookfield will own 51% and Cameco 49% of the company. “This is the start of an exciting new chapter for the Westinghouse team and for nuclear power,” said Patrick Fragman, president and CEO of Westinghouse.

The transaction brings Westinghouse’s clean power technologies under Brookfield Renewable’s hydroelectric, wind, solar, energy storage and distributed generation portfolio, and alongside Cameco’s expertise in front-end uranium fuel capabilities. The company needed more space to fill a worldwide demand for nuclear power. from its current owner, Brookfield Business Partners.Īccording to the Associated Press, Cameco of Saskatoon, Canada, will join Brookfield Renewable to acquire the company, which is headquartered in Cranberry Township. of corporate offices to four separate buildings in Cranberry Township, Pennsylvania.

Butler Eagle file photoĪ new partnership will see two companies acquire Westinghouse Electric Co. Cameco and Brookfield Renewable have formed a partnership to acquire Westinghouse Electric Co.

Westinghouse electric company cranberry township pa