Westinghouse
Part of Brookfield and Cameco since 2023
Westinghouse is an Advanced Nuclear Fission company founded in 1886 and based in Cranberry Township, Pennsylvania, United States. It has been part of Brookfield and Cameco since 2023.
Westinghouse Electric Company was founded in 1886 by George Westinghouse and is headquartered in Cranberry Township, Pennsylvania. It supplied the pressurized water reactor at Shippingport, Pennsylvania, in 1957, and its technology underlies about half of the more than 430 reactors operating worldwide. The company earns revenue in two businesses. Operating Plants sells nuclear fuel, outage services and long-term-operation work to the installed reactor fleet. New Plants designs, licenses and procures equipment for the AP1000 reactor, the AP300 small modular reactor and the eVinci microreactor, which is under development. Westinghouse employs about 12,500 people in 23 countries. Brookfield, with Brookfield Renewable and institutional partners, owns 51% and Cameco owns 49%, after a purchase that closed on November 7, 2023, at a final enterprise value of US$8.2 billion.
The AP1000 anchors US large-reactor plans: the NRC approved renewal of its design certification on October 16, 2026, and The Nuclear Company proposed up to six units, about 6.6 GW, in Lewis County, Kentucky, on October 21, 2026. Six AP1000 units run commercially, two at Plant Vogtle in Georgia and four in China. In October 2026, Westinghouse announced a $1 billion plant in Hopkins, South Carolina, to make LEU+ fuel, with output of 600 metric tons of uranium a year from 2030.
At a glance
Total raised
Undisclosed
Headcount
10k+
Headquarters
Cranberry Township, Pennsylvania
United StatesFounded
1886
Status
Subsidiary
Subsector
Energy, ranked
Top 25 Energy companies →Funding history
Total raised
—
Rounds tracked
0
No dated funding rounds on file. This company is privately held and may be raising or operating on undisclosed capital.
