The Wall Street Journal reported Westinghouse Electric will provide emergency funding to its subsidiaries in Europe, the Middle East and Africa after it obtained approval from the U.S. Bankruptcy Court in New York.

According to the Journal, Apollo Global Management is not only considering a bid for Westinghouse, but will also provide financing to help it get through bankruptcy.

Westinghouse filed for Chapter 11 protection in March following an effort to build new nuclear reactors in the U.S. that was plagued by billions of dollars in cost overruns. At the time, Citibank was approved for DIP financing:

Citibank Agents $800MM DIP for Westinghouse