Brookfield Asset Management and Westinghouse are jointly involved in a venture that provides $17.5 billion in conditional loans, involving Cameco and the U.S. Department of Energy.
6 reports, 6 independent
Updated Jun 25
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What happened
Brookfield Asset Management and Westinghouse are jointly involved in a venture that provides $17.5 billion in conditional loans, involving Cameco and the U.S. Department of Energy.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Cameco and Brookfield Asset Management have jointly acquired ownership of a Westinghouse company.Sub-event
Joint venture between Brookfield and Westinghouse provides $17.5B in conditional loans involving Cameco and DOE.1 source
Loans from the joint venture are supporting the construction of new nuclear power plants.1 source
Joint ownership of Westinghouse and financing of the Vogtle plant.1 source
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The entities involved
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Brookfield Asset Management
Canadian-American asset management company
- Brookfield Asset Management initiated a takeover bid for Reliance Worldwide, while the company simultaneously dealt with the impact of U.S. trade policy on its sales and profitability.
- Brookfield Asset Management and the Ministry of Economy are reviewing investment opportunities and exploring cooperation in Azerbaijan.
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Cameco
Canadian uranium producer
Related events
- Brookfield Asset Management is acquiring a minority interest in American Real Estate Partners (AREP) through a transaction advised by Rothschild & Co.
- Brookfield Asset Management grew from a 2022 spinout of Brookfield Corporation.
- Brookfield Asset Management is headquartered in Toronto, Canada.
- Cameco produces and sells uranium for nuclear power, while deals support Constellation's nuclear operations, and Brookfield Renewable shares ownership of Westinghouse.
- Energy Capital Partners, Blackstone, Brookfield, and IFM Investors teamed up on a rival bid for a waste manager.