Cameco, Brookfield Renewable Partners to Buy Westinghouse Electric for $7.88 Billion
Cameco Corp.
CCJ 1.69%
and
Brookfield Renewable Partners
BEP -0.10%
said they will buy Westinghouse Electric Co. in a deal that will boost nuclear power, an energy resource reinvigorated by the need to reduce the use of carbon-based fuels.
The Canada-based companies said Tuesday that they are forming a strategic partnership to acquire the nuclear-services business. Brookfield…