July 31 (Reuters) - Westinghouse Electric Company has
confidentially filed for an initial public offering in the
United States, the supplier of nuclear technology and services
said on Friday.
Cranberry Township, Pennsylvania-based Westinghouse joins a
growing cohort of nuclear companies looking to tap capital
markets as the data center boom boosts U.S. power demand.
X-Energy ( XE ) and Standard Nuclear ( STDN ) are among the
major nuclear companies that have gone public through
traditional IPOs this year.
Holtec Nuclear also filed for a New York IPO earlier this
month.
Confidential filings allow companies to keep their finances
under wraps until closer to the listing and prepare for IPOs
away from public market scrutiny.
The number of shares to be offered and the price range for
the proposed offering have not yet been determined, Westinghouse
said.