# Westinghouse completes acquisition of 50% of Tecnatom

Westinghouse Electric Company completed the acquisition of 50% of Tecnatom, previously owned by Iberdrola and Naturgy, after receiving all regulatory approvals. Tecnatom will be managed as a joint venture between Endesa and Westinghouse.

- Type: Acquisition
- Announced: 2022-03-10
- Where: Madrid, Spain, Spain
- Status: completed
- Products: nuclear refueling 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

- [businesswire.com](https://www.businesswire.com/news/home/20220310005114/en/Westinghouse-Completes-Acquisition-of-50-of-Tecnatom), 2022-03-10: "We are looking forward to further strengthen our relationship with Endesa."
- [world-nuclear-news.org](https://world-nuclear-news.org/articles/westinghouse-takes-50-stake-in-tecnatom), 2022-03-11: "Westinghouse Electric Company of the USA announced it has completed its acquisition of 50% of Spanish nuclear engineering firm Tecnatom by buying shares previously owned by Iberdrola and Naturgy."

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