Westinghouse's plans for a $50 billion IPO signal that a US nuclear renaissance may be getting underway, @liamdenning says, even if it undercuts industry startups (via @opinion)
*WESTINGHOUSE SAID TO SEEK OVER $50 BILLION VALUATION IN US IPO
$CCJ owns 49% of Westinghouse. $BEP owns the rest
Nuclear has totally fallen off the radar this year. Shitco’s like OKLO and SMR flew the theme too close to the sun and rightfully tanked. Maybe Westinghouse IPO brings the nuclear / uranium trade back
Westinghouse Electric, a provider of reactor technology to nuclear power plants, is seeking a valuation of more than $50 billion in its US initial public offering, sources say