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Atkinsrealis Group Inc T.ATRL

Alternate Symbol(s):  SNCAF

Atkinsrealis Group Inc., formerly SNC-Lavalin Group Inc., is a professional services, and project management company. It delivers end-to-end services across the whole life cycle of an asset including consulting, and advisory and environmental services. Its segments include Engineering Services; Nuclear; O&M; Linxon; LSTK Projects, and Capital. The Engineering Services segment includes consultancy, engineering, design and project management services. The Nuclear segment supports clients across the entire nuclear lifecycle with the full spectrum of services from consultancy, EPCM services, field services, technology services, spare parts, reactor support and decommissioning and waste management. The O&M segment consists of providing operations, maintenance, and asset management solutions. The Linxon segment offers engineering, procurement, management, and construction services. The LSTK Projects is comprised of the remaining LSTK construction contracts of the Company.


TSX:ATRL - Post by User

Post by kijijion May 27, 2021 10:43am
143 Views
Post# 33275274

SNC-Lavalin wins hydro expansion deal with first nation

SNC-Lavalin wins hydro expansion deal with first nation
SNC-LAVALIN WINS HYDRO EXPANSION PROJECT FOR TAKU RIVER TLINGIT FIRST NATION
 
SNC-Lavalin Group Inc. has been awarded a design and engineering contract by Tlingit Homeland Energy, owned by the Taku River Tlingit First Nation band government in Northern British Columbia, to support additional power capacity for the local hydro facility in Atlin, B.C.
 
''This project is one of many examples of how SNC-Lavalin continues to build on its long history of collaborating and working with Indigenous people across Canada,'' said Ian L. Edwards, President and CEO. We will use our deep expertise in hydropower to help communities such as the Taku River Tlingit First Nation continue to implement sustainable solutions that will accelerate their transition to renewable energy and support a carbon-free future for their community.''
 
As design engineer, SNC-Lavalin will provide conceptual and advanced design, as well as support the selection of a contractor through the Early Contractor Involvement (ECI) process. The proposed work will involve expansion of the generating facility to enhance its capacity from 2,1 MW to 10 MW by using the available power potential of Pine Creek, located in the Atlin region.
 
"The path to decarbonization for remote communities in Canada must include a transition toward renewable energy and BC, with its rich hydro reserves, is well suited for clean energy production," said Dale Clarke, President, Infrastructure Services. This project will produce hydropower in BC and feed into the Yukon grid, transcending provincial boundaries and exemplifying a collaborative approach to decarbonize Canada by 2050."
 
"We continue to own and operate the first project we built 11 years ago, which supplies all the electricity required by the community of Atlin, BC, and avoids about 4400t CO2 per year of diesel emissions," added Peter Kirby, President & CEO, Taku Group of Companies. "Once operational, the electricity produced by this second project will be exported to the Yukon, and it will increase dependable renewable hydroelectricity in Yukon by nearly 10% and displace thermal generation in the process."
 
SNC-Lavalin recently launched its Vision for Engineering a Sustainable Society with enhanced Environmental, Social, and Governance (ESG) targets, including a Routemap to achieving Net Zero Carbon emissions by 2030.
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