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Toshiba has been shopping for a buyer for Westinghouse, but few firms are able or willing. Korea Electric Power Corp. has a nuclear engineering subsidiary. While Chinese nuclear firms might be interested in the Westinghouse technology, China has its own CAP1000. Moreover, the Trump administration must approve any sale to a foreign buyer. There is a lot of value in that design going forward, and a lot of the challenges are being dealt with right now, said Jeffrey Merrifield, a former NRC commissioner now at the law firm Pillsbury Winthrop Shaw Pittman. He said there were a variety of coalitions forming of U.S. companies interested in purchasing all or part of Westinghouse. Another wrinkle in the Westinghouse saga is the $8.3billion in loan guarantees the Energy Department provided to help finance the Vogtle reactors. Those guarantees were given to the utilities, so taxpayers would not be liable for losses unless the utilities were unable to make payments.
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