The development is significant to Cameco because of its 49% ownership interest in Westinghouse Electric Company, with Brookfield Asset Management (BAM) owning the remaining 51%. Westinghouse Electric Company is a nuclear reactor technology original equipment manufacturer (OEM) and a leading provider of highly technical aftermarket products and services to commercial nuclear power utilities and government agencies globally. In November 2023, Cameco acquired a stake in Westinghouse through a strategic partner ...