Westinghouse files for Chapter 11 protection in US and secures $800M in DIP financing to fund operations

Westinghouse Electric Company and certain of its subsidiaries and affiliates, filed voluntary petitions under Chapter 11 of the US Bankruptcy Code. The company is seeking to undertake a strategic restructuring as a result of certain financial and construction challenges in its US AP1000 power plant projects.Brought to you by: EV Driven

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