Trump nuclear power investment in Westinghouse could lead to IPO with U.S. government as shareholder

Core Insights - The U.S. government plans to invest $80 billion in Westinghouse nuclear plants, potentially transforming it into an independent, publicly traded company with government as a major shareholder [2][3] - The deal allows the U.S. government to require an IPO by January 2029 if Westinghouse's value exceeds $30 billion, potentially granting the government an 8% stake [3] - Cameco is considering spinning out Westinghouse as an independent entity in 2029, depending on market conditions [4][5] Investment and Market Dynamics - The partnership agreement does not obligate Cameco to divest from Westinghouse in 2029, leaving options open for retaining or selling shares based on the company's valuation [5] - There is significant interest in investing specifically in Westinghouse, with Cameco and Brookfield serving as indirect proxies for such investments [4]