Westinghouse Electric Company

“Westinghouse Electric Company, the nuclear technology group jointly owned by Cameco and Brookfield Renewable Partners, confidentially filed for a US IPO.”

“Westinghouse Electric, the nuclear energy giant owned by Brookfield Asset Management and Cameco, confidentially filed for an IPO.”

“Large scale to us where it can be commercialized on a known timeline and where the costs are probably better than where we don't even know if we can scale the businesses yet in terms of SMRs. Large scale versus small probably wins in our mind... To us, large scale nukes are the only solution that makes sense, which point us primarily to the AP1000 Westinghouse units.”

“The two companies most levied to that would be Cameco, which owns 49%, Brookfield 51%... When the Westinghouse comes public and it's deeply undervalued within Cameco today. So that's an interesting one.”