Westinghouse Electric Company

Westinghouse Electric Company LLC

Company type	Joint venture
Industry	Nuclear power Nuclear fuel Radioactive handling Inspection Welding
Predecessor	Westinghouse Electric Corporation
Founded	1999; 25 years ago (1999), in Monroeville, Pennsylvania
Headquarters	Cranberry Township, Pennsylvania , United States
Area served	Worldwide
Key people	George Westinghouse, (corporate namesake; founder of the original Westinghouse (1886)) Patrick Fragman, President and CEO[1]
Owner	British Nuclear Fuels Limited (BNFL) (1999–2006) Toshiba (2006–2018) Brookfield Business Partners (2018–2023) Brookfield Renewable Partners (51%) (2023–present) Cameco (49%) (2023–present)
Number of employees	9,000[2]
Subsidiaries	Astare CS Innovations Fauske & Associates Mangiarotti SpA NA Engineering Associates Inc. Westinghouse Electric South Africa PaR Nuclear WEC Welding and Machining WesDyne International Westron
Website	westinghousenuclear.com

Westinghouse Electric Company LLC is an American nuclear power company formed in 1999 from the nuclear power division of the original Westinghouse Electric Corporation.^[3] It offers nuclear products and services to utilities internationally, including nuclear fuel, service and maintenance, instrumentation, control and design of nuclear power plants. Westinghouse's world headquarters are located in the Pittsburgh suburb of Cranberry Township, Pennsylvania.

The company's main product is the AP1000, a modern pressurized water reactor (PWR) design with many passive safety features and modular construction intended to lower construction time and cost. Twelve AP1000 reactors are currently in operation with a further nineteen in various stages of planning.

The company was initially formed as CBS Corporation spun off the remaining pieces of Westinghouse's industrial concerns, as part of Westinghouse's re-creation as a media company. Portions of their nuclear business were initially purchased by Siemens in 1998 before the remaining parts were purchased by British Nuclear Fuels Limited (BNFL) in 1999 and formed up as Westinghouse Electric. In 2005, BNFL sold the company to Toshiba. The company went bankrupt in 2017 primarily due to ongoing cost overruns at the Vogtle Electric Generating Plant expansion, the first US build of the company's AP1000 design. It emerged from bankruptcy after being purchased by Brookfield Business Partners, a Canadian private equity fund. They sold it to a consortium of Brookfield Renewable Partners and Cameco, a Canadian nuclear fuel and services company. Renewable Partners is the current majority owner of Westinghouse.