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Cameco poised to boost dividends after Westinghouse IPO gains

The Globe and Mail · Business

Published · Updated

  • Westinghouse Electric Co. plans to go public this fall with an estimated valuation between US$30-billion and US$50-billion.
  • Cameco and Brookfield Renewable Partners, which acquired Westinghouse in 2023 for US$8.3-billion, will share major gains from the IPO.
  • Westinghouse has received global orders for up to 91 Advanced Passive 1000 reactors for delivery over two decades.
Miner Cameco expected to boost dividends after win on Westinghouse investment

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