# Westinghouse to acquire 50% of Tecnatom from Iberdrola and Naturgy

Westinghouse Electric Company signed a definitive agreement to acquire 50% of Spanish engineering company Tecnatom from Iberdrola and Naturgy, and will co-own and co-manage it with Endesa through a joint venture.

- Type: Acquisition
- Announced: 2021-10-04
- Where: Madrid, Spain
- Status: announced
- Products: nuclear outage services, engineering services, digital services
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Tecnatom](https://endata.com/companies/1977.md) (target)
- [Iberdrola](https://endata.com/companies/3003.md) (partner)
- [Westinghouse Electric Company](https://endata.com/companies/10867.md) (acquirer)
- [ENDESA](https://endata.com/companies/14330.md) (partner)
- [Naturgy](https://endata.com/companies/39104.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/westinghouse-to-acquire-50-of-tecnatom-301391323.html), 2021-10-04: "Tecnatom's talented people and innovative products will complement and strengthen our outage maintenance, engineering and digital services portfolio."
- [info.westinghousenuclear.com](https://info.westinghousenuclear.com/news/westinghouse-to-acquire-50-of-tecnatom), 2021-10-04: "Tecnatom's talented people and innovative products will complement and strengthen our outage maintenance, engineering and digital services portfolio."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.