News Summary

Aecon Kiewit Nuclear Partners, a partnership between Aecon and Kiewit Nuclear Canada, has been awarded a significant construction contract by Ontario Power Generation (OPG) for the Darlington New Nuclear Project (DNNP) in Clarington, Ontario. This marks the beginning of the execution phase for North America’s first grid-scale Small Modular Reactor (SMR). The project, valued at $1.3 billion for Aecon’s share, involves collaboration with GE Vernova Hitachi Nuclear Energy and AtkinsRéalis under an Integrated Project Delivery model. The completion and commercial operation of the project are expected by 2030, generating 1,200 megawatts of electricity upon completion. The project is set to create 18,000 jobs and significantly contribute to Canada’s GDP over the next 65 years. Over 80 Ontario companies are involved in the project, ensuring a majority of the project spending benefits the local economy.