Uranium & Fuel

Cameco / Canadian Company Expects To Close Westinghouse Deal Mid-2023

By Kamen Kraev
13 February 2023

CEO sees ‘tailwinds’ for nuclear power amidst a global energy shift

Canadian Company Expects To Close Westinghouse Deal Mid-2023
Cameco, based in Saskatoon, Saskatchewan, sees a continuous recovery from a post-Fukushima downturn in uranium demand. Image courtesy Cameco.
Canada-based uranium miner Cameco expects to finalise a deal on the acquisition of US-based nuclear power plant equipment maker Westinghouse Electric by mid-2023, according to Tim Gitzel, chief executive of the Canadian company.

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