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Home / Deal Tracker / Cameco Acquires Stake in Westinghouse Electric
Nuclear Energy Nuclear Fuel Minority Stake Completed

Cameco Acquires Stake in Westinghouse Electric

Acquirer
Cameco
Target
Westinghouse Electric 49% Stake
2023
Year
🇨🇦🇺🇸 Canada, United States
Country
Minority Stake
Deal Type
$X.XB
Deal Value 🔒
Sector
Nuclear Power Generation
Subsector
Nuclear Fuel
Industry
Nuclear Energy
Date Added
May 9, 2026
Status
Completed
🔒

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Cameco partnered with Brookfield Renewable to acquire Westinghouse Electric in November 2023. Cameco's 49% interest cost approximately $2.2 billion, with Brookfield holding 51%. The deal positions both companies in the nuclear renaissance.