CRANBERRY — The sale of Westinghouse Electric Co. is complete.

The Cranberry-based company nuclear firm announced the completion of its purchase by Brookfield Business Partners Wednesday, bringing the company out of Chapter 11 bankruptcy.

“The close of this transaction marks an exciting milestone for Westinghouse as we have successfully emerged from Chapter 11, and continue to navigate a significant transformation that positions us for long-term sustainable success,” said Westinghouse President & CEO José Emeterio Gutiérrez. “With the support of Brookfield, Westinghouse will continue to build on its legacy of leading the nuclear industry. Our focus is on strengthening the business, capitalizing on our global footprint and excelling in client service and innovation.”

Westinghouse filed for Chapter 11 bankruptcy in March of last year after the cancellation of the South Carolina V.C. Summer Nuclear Station project and significant cost overruns on a similar project in Georgia. The company announced earlier this year that it would be acquired by Brookfield.

“We are pleased to have completed this acquisition, which diversifies our business into global infrastructure services,” said Cyrus Madon, CEO of Brookfield Business Partners. “We look forward to bringing our expertise and support to position Westinghouse for continued success as a leader in its field. We see strong prospects for the business, leveraging the deep knowledge and experience of its employees to drive excellence in client service and innovation.”

Westinghouse employs around 2,200 people in Cranberry Township and about 3,400 in Western Pennsylvania.

The acquisition includes all global business of Westinghouse as well as its affiliated debtors and debtors-in-possession. Brookfield would also take ownership of certain pension, environmental and other operating obligations, according to the reorganization plan courts approved in March.