Cameco to leave Bruce Power

摘要

A major shareholder in Bruce Power's Bruce B nuclear power plant, Cameco, has announced it is selling its stake to a consortium member to reinvest in 'our core uranium business where we see strong potential for growth.' The CAN $450 million ($404 million) sale would increase Borealis's stake in Bruce Power from 24.5% to as much as 56.1%. The final figure depends on the decision of other consortium partners, TransCanada Pipelines, a power infrastructure company, the Power Workers' Union and the Society of Energy Professionals, on whether or not to exercise options to purchase part of Camera's stake.