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Westinghouse to acquire BHI Energy

AtomInfo.Ru, PUBLISHED 16.04.2022

Westinghouse Electric Company announced that it has signed a definitive agreement to acquire BHI Energy.

The purchase, according to the US nuclear company, will allow it to expand its global capabilities and expertise in nuclear plant maintenance and modification services, industrial, power delivery, and complementary renewables including solar, wind and hydro power.

The BHI Energy has been counting its history since 1979. It was founded as Bartlett Nuclear and initially collaborated with the US Navy in the field of radiation protection.

BHI Energy currently positions itself as a broad umbrella organization with a complete service offering that covers all facets of power generation through the entire electrical delivery system. Its customers are located mainly in the USA and Canada, the number of employees in peak seasons exceeds 8.5 thousand people.

The current owner of the company is AE Industrial Partners, LP, an US private equity firm. Westinghouse will pay for the purchase of BHI Energy on its own.

Topics: Westinghouse, USA

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