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Tecnatom

Company

Power
Since 1957
Europe
Madrid
Spain, Avda. de Montes de Oca, 1. 28703 San Sebastián de los Reyes


Content

Owners

Tecnatom is a Spanish engineering company that since 1957 has been providing nuclear services, mainly in the field of inspection, training of operational personnel, engineering support for the operation of stations and digital solutions.

History

2021: Westinghouse Electric Company buys a stake in Tecnatom

On October 5, 2021 it became known that amerikanskayawestinghouse Electric Company buys a share in the Spanish engineering company Tecnatom. The transaction amount is not disclosed. According to Westinghouse, it has signed a final agreement with Spanish energy companies Iberdrola and Naturgy to acquire a 50% stake in Tecnatom. Upon completion of the transaction, Westinghouse will co-own and co-manage Tecnatom together with the Spanish energy company Endesa (controlled by Enel Group) through a joint venture.

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Tecnatom's talented employees and innovative products will complement and strengthen our portfolio of maintenance, engineering and digital services, "said Patrick Fragman, President and Chief Executive Officer of Westinghouse, quoted in the message. - We look forward to expanding our nuclear power capabilities to provide a wider range of tailored solutions to our customers in Europe and the world[1].
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Notes