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State: 17.08.2024 | 11PM
Thu, 23.01.2025       AtkinsRéalis
CA04764T1049

MONTREAL, Jan. 23, 2025 /CNW/ - Candu Energy Inc., an AtkinsRéalis company [AtkinsRéalis Group Inc.] (TSX: ATRL), in a joint venture (JV) with Aecon Group Inc., has been awarded a contract by Ontario Power Generation (OPG) to progress the early works associated with the Pickering Nuclear Generating Station Retube, Feeder and Boiler Replacement project (RFBR). The contract covers professional engineering services, procurement, and execution planning associated with critical path activities for Ontario's announced life-extension of four of Pickering's CANDU®1 reactors to operate until the mid 2060s. The mandates are worth approximately $1.1 billion to the JV for early works and roughly $1 billion for the definition phase. AtkinsRéalis' share of the early works portion of the contract was added to its Nuclear backlog in the third quarter of 2024. Its share of the definition phase contract will be added to its Nuclear backlog in the first quarter of 2025.

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