Nuclear

Westinghouse finishes full acquisition of Tecnatom

The full acquisition of the Spanish company is meant to boost Westinghouse’s offerings in nuclear refueling, maintenance, inspection services, engineering, training, and digital services and products.
Westinghouse finishes full acquisition of Tecnatom
Following the acquisition, Tecnatom will offer control room simulators and digital products in support of the deployment of Westinghouse's AP1000 pressurized water reactor technology globally.(Source: Westinghouse).

Westinghouse Electric Company announced the full acquisition of its long-standing partner Tecnatom from Endesa after obtaining all regulatory approvals. Together, Westinghouse and Tecnatom will continue to provide services to the Spanish nuclear industry and its global base of customers.

The full acquisition of the Spanish company is meant to boost Westinghouse’s offerings in nuclear refueling, maintenance, inspection services, engineering, training, and digital services and products.

Westinghouse first acquired 50% of Tecnatom in 2021 and operated the company jointly with Endesa. Since then, Westinghouse and Tecnatom partnered in support of projects and commercial opportunities, particularly in inspection services, training and digital solutions. By acquiring the remaining 50%, Westinghouse can fully integrate Tecnatom’s resources, capabilities and products into Westinghouse.

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“We are very pleased to welcome Tecnatom into the Westinghouse team,” said Patrick Fragman, Westinghouse President and Chief Executive Officer. “The partnership established in 2021 with Endesa revealed the depth of expertise and potential of Tecnatom teams, complementing exceptionally well the portfolio of Westinghouse’s existing activities. We are looking forward to integrating Tecnatom fully into Westinghouse, at a time when our utility and industrial customers require the highest level of expertise and performance to help them successfully operate their existing operations and implement their plans for new capacities.”

Tecnatom is a Spanish engineering and digital company that has provided services to the nuclear sector since 1957. It is a global provider of non-destructive examination for the nuclear and aerospace industries, as well as a digital training provider that aims to help customers optimize operations and support the workforce. It will also offer control room simulators and digital products in support of the deployment of Westinghouse’s AP1000 pressurized water reactor technology globally.

Earlier this year, Westinghouse, Tecnatom, and Accelerant Solutions announced an agreement to launch a nuclear training program for utilities in the United States and Canada.

The Nuclear Excellence Academy, or NEXA, will leverage the companies’ knowledge of industry standards and digital technology to provide in-person, digital and on-demand training for nuclear personnel.

“NEXA offers a solution to utilities seeking to retain and hire nuclear professionals who have the highest qualifications. The training will be standardized to fit the needs of all utilities,” said Francisco Sanchez, Vice President of Safety, Operation and Training at Tecnatom.

Additionally, the Saskatchewan Research Council (SRC) has just emerged as the first customer for Westinghouse’s eVinci microreactor. Through an $80M project, the SRC will apply the research and knowledge gained from the licensing and deployment of an initial microreactor to support the Saskatchewan nuclear industry to better understand this type of technology and the potential for future microreactor projects in the province.

The Saskatchewan eVinci microreactor is expected to be operational by 2029, subject to licensing and regulatory requirements.