WESTINGHOUSE AND OPG ANNOUNCE WORKING AGREEMENT

Westinghouse Electric Company and Canadian Nuclear Partners, a subsidiary of Ontario Power Generation, announced an agreement yesterday that enables the two companies to work more closely together on global nuclear projects. The agreement includes potential joint projects in refurbishment, maintenance and outage services, decommissioning and remediation of existing nuclear facilities, and new nuclear power plants.  “This is a great example of two highly respected companies bringing their complementary strengths and capabilities together for the common good of the global nuclear energy industry,” said Westinghouse President and CEO Danny Roderick. “This relationship will further add to Westinghouse’s advanced products and services that support our global customers’ efforts to improve operating efficiencies and achieve cost-effective energy security and diversity while not damaging the environment with greenhouse-gas-emitting sources.”