Canadian Press NewsAlert: Cameco to sell stake in Bruce Power to Borealis - InfoNews

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Canadian Press NewsAlert: Cameco to sell stake in Bruce Power to Borealis

Borealis Infrastructure and Ontario Teachers' Pension Plan teamed up in 2010 for the 30-year rights to operate the high-speed rail link between London and the Channel Tunnel. A German Intercity Express (ICE) high speed train, left, and a Eurostar high speed train are pictured at St. Pancras International Station in London Oct. 19, 2010. THE CANADIAN PRESS/AP, Lennart Preiss
January 31, 2014 - 4:19 AM

TORONTO - Saskatoon-based Cameco Inc. is selling its share of the Bruce Power nuclear partnership to Borealis Infrastructure, which is owned by one of the province's biggest public-sector pension systems. Borealis will pay $450 million for Cameco's portion and become the majority partner with 56.1 per cent ownership of the partnership.

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News from © The Canadian Press, 2014
The Canadian Press

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