and Brookfield Renewable Partners
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.
The total enterprise value for Westinghouse is roughly $7.88 billion, the companies said.
An expanded version of this report appears at WSJ.com.
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