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Bruce Power and Candu Energy’s Strategic 10-Year Agreement in Canada’s Nuclear Industry
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1 year ago

Bruce Power and Candu Energy’s Strategic 10-Year Agreement in Canada’s Nuclear Industry

Ontario

News Summary

Bruce Power and Candu Energy Inc., an AtkinsRéalis company, have renewed a 10-year master services agreement (MSA) valued at up to $1 billion. This agreement, running until 2035, continues their collaboration on the multi-year life extension project at Bruce Power’s nuclear facility in Tiverton, Ontario. The facility, which houses eight CANDU reactors, supplies 30% of Ontario’s power. This partnership underscores a commitment to innovation and efficiency in Canada’s nuclear sector, as it embraces clean energy solutions amid global decarbonization efforts. The MSA highlights Canada’s potential to lead in low-carbon, high-density power solutions, and positions AtkinsRéalis to capitalize on the global energy transition.

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Bruce Power, Candu Energy sign 10-year $1B master services agreement

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