The legacy nuclear power company Westinghouse Electric announced Friday that it filed for a U.S. initial public offering, looking to tap capital markets as infrastructure spending soars across the power industry.
With talk of a nuclear renaissance buoyed by energy demand from AI data centers, reactor companies from Amazon-backed X-energy to Sam Altman’s Oklo have entered the stock market before finishing a single reactor. Westinghouse — which has built dozens of reactors over 70 years — is now looking to join the fray with a draft registration statement to the Securities and Exchange Commission that could ultimately result in an IPO of its common stock.
“The number of shares to be offered and the price range for the proposed offering have not yet been determined, and the proposed offering will be subject to market and other conditions,” Westinghouse said in a press release.
Westinghouse is responsible for all five nuclear reactors built in the United States since 1989, and it secured two major Trump administration partnerships in the past year that some said marked the company as a strategically vital “national champion.”
