Aequo advised Cameco Corporation, one of the largest global suppliers of uranium fuel for nuclear energy, on Ukrainian law matters of its strategic partnership with Brookfield Renewable Partners, together with its institutional partners, to acquire Westinghouse Electric Company in a deal valued at $7.875 bln, with an estimated $4.5 bln equity cost shared proportionately among the acquiring partners, subject to closing adjustments.

Cameco will beneficially own a 49% interest in Westinghouse and Brookfield Renewable, with its institutional partners, will beneficially own a 51% interest.

Westinghouse Electric Company is shaping the future of carbon-free energy by providing safe, innovative nuclear technologies to utilities globally.

Aequo focused on due diligence of the target group’s assets and operations in Ukraine, regulatory advice, and input to transaction documents.
 
Aequo team included Denis Lysenko, executive partner, Vasyl Mishchenko, counsel, Olena Radko, counsel, Anna Konovalova, senior associate, and Anna Madei, associate, with further support from Yevgen Blok, counsel, and Sergiy Denisenko, partner, on merger control matters.