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AtkinsRéalis JV With Aecon Wins $1.7 Bln Pickering Nuclear Refurbishment Contract
Source: Nasdaq
Infrastructure & DefenseEnergy Markets & PricesM&A & RestructuringCompany Fundamentals
Candu Energy, an AtkinsRéalis company, and Aecon Group signed a C$1.7 billion joint-venture contract to refurbish Unit 5 at Ontario Power Generation's Pickering Nuclear Generating Station. The award provides a significant backlog addition for both contractors and supports the extension and modernization of Ontario's nuclear-power infrastructure.
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