Post by
autofocus111 on May 11, 2023 8:01pm
Bruce Power
Good to see steady progress on the overhaul of these nuclear reactor assets partly owned by TRP. The refurbished units will deliver reliable power and cash flow for decades to come.
>>>TORONTO, May 11, 2023 /CNW/ - Aecon Group Inc. (TSX: ARE) ("Aecon" or the "Company") announced today that Shoreline Power Group, a joint venture between Aecon, SNC-Lavalin and United Engineers & Constructors in which Aecon is the lead partner, has been awarded a $1.3 billion Fuel Channel and Feeder Replacement (FCFR) contract by Bruce Power for Units 4, 5, 7 and 8 at the Bruce Nuclear Generating Station in Tiverton, Ontario. Planning work is expected to commence in the second quarter of 2023, with construction expected to begin in the first quarter of 2025 and completion anticipated in 2032....The award for Bruce Power's four remaining units comes as Shoreline Power Group and Bruce Power also achieved substantial completion on the Unit 6 refurbishment on-time and on-budget, remaining on track to return the unit to service in the fourth quarter of 2023. As work continues to progress on Unit 3, the joint venture is now contracted to execute FCFR work on all six of Bruce Power's units, which will extend the life of the site to 2064 through the Bruce Power Major Component Replacement (MCR) program.
https://finance.yahoo.com/news/aecon-joint-venture-awarded-1-200800216.html