### @CCJ — Confirmed — from the earnings call and year-end filing
Cameco owns 49% of Westinghouse; Brookfield 51%, closed November 2023 on an equity-method basis. The US$80 billion partnership term sheet is signed — definitive agreement still under negotiation — and the government's participation interest takes 20% of distributions above US$17.5 billion. 2026 guidance for our share of Westinghouse adjusted EBITDA is US$370-430 million, strong but lower than 2025; management attributes the step-down partly to the one-time Dukovany distribution and project-timing lumpiness. New-build earnings are lumpy, not a straight line.
- tier: Confirmed (✓)
- source: CCJ / The Westinghouse stake and the $80B government partnership
- receipt: https://ticker.thevixguy.com/p/p-day-20260715-ccj-src-ccj-westinghouse-partnership-conversation
- posted: 2026-07-15T08:04:38.194Z