Finland’s new Olkiluoto 3 nuclear reactor will be able to produce about one-fifth of the electricity the country consumes Olivier MORIN AFP After over a decade of delays, the deafening sound of Finland’s new Olkiluoto 3 nuclear reactor finally running its turbine at full power was welcomed with joy — and relief. The Nordic country is …
UEC to Acquire Roughrider from Rio Tinto for Total Consideration of $150 million comprised of $80 million in Cash and $70 million in UEC Stock Cash Portion of the Consideration is Fully Funded with UEC’s $173 million of Cash and Liquid Assets on the Balance Sheet UEC Welcomes Rio Tinto as a New Shareholder Roughrider …
The New Units Using AP1000 Technology at Lianjiang Will Expand Carbon-Free Power Westinghouse Electric Company congratulates China’s State Power Investment Corporation (SPIC) on adding two additional AP1000® technology-based plants in China to its growing list of newbuild projects. China’s State Council recently approved the two units owned by State Power Investment Corporation (SPIC) at Lianjiang …
GSE Systems, Inc. (“GSE Solutions” or “GSE” or the “Company”) (Nasdaq: GVP), a leader in advanced engineering services and workforce solutions that support the future of clean-energy production and decarbonization initiatives of the power industry, today announced it has begun to offer newly expanded service offerings specifically for nuclear power plant life extension services. GSE Engineering Services, …
Ontario Power Generation (OPG) and Czech Republic-based ČEZ will collaborate to advance deployment of nuclear technology, including Small Modular Reactors (SMRs), to safely produce clean, reliable electricity in their jurisdictions, under a Memorandum of Understanding signed today. The two entities – Ontario’s largest electricity generator and one of Europe’s largest energy companies – are committed …
Cameco Corp (CCO.TO) and Brookfield Renewable Partners said on Tuesday they would acquire nuclear power plant equipment maker Westinghouse Electric in a $7.9-billion deal including debt, amid renewed interest in nuclear energy. The deal for one of the most storied names in the American power industry at an equity value of $4.5 billion comes at a …
today is providing preliminary operating results for its third quarter ended September 30, 2022. On October 27, 2022, we plan to announce our 2022 third quarter results before markets open. We expect to announce deliveries in the uranium segment for the quarter ended September 30, 2022, to be between 5 million and 5.5 million pounds, …
The climate campaigner’s comments are being seized on by pro-nuclear politicians. Climate activist Greta Thunberg has slammed Berlin’s plan to shut down its remaining nuclear plants while increasing coal-fired power in comments that thrilled Germany’s pro-nuclear politicians and irked Greens. In an interview to be aired Wednesday, a teaser of which was shared online by TV host …
today announced that it has entered into an agreement with a syndicate of underwriters led by CIBC Capital Markets and Goldman Sachs & Co. LLC, pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 29,615,000 common shares of Cameco at a price of $21.95 per share (the “Offering Price”), for …
Westinghouse is an industry leader with a strong market position across the nuclear value chain Nuclear power expected to see significant growth driven by energy security and decarbonization trends Acquisition will provide opportunities to generate value and grow the business globally Cameco Corporation (“Cameco”) (NYSE: CCJ; TSX: CCO) and Brookfield Renewable Partners (“Brookfield Renewable”) (NYSE: …
