Business
Bruce Power renews 10-year MSA with AtkinsRéalis; expected to be for up to $1B in additional work
Bruce Power renews 10-year MSA with AtkinsRéalis; expected to be for up to $1B in additional...
About this update from Atkinsrealis Group Inc.
[{"type":"text","content":"\n\n\n\n Bruce Power renews 10-year MSA with AtkinsRéalis; expected to be for up to $1B in additional work\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n MSA will bolster orders to Canadian workers and manufacturing supply chain that supports Canadian-made CANDU reactors\n \n\n\n\n\n MONTREAL\n \n\n ,\n \n\n Aug. 18, 2025\n \n\n /CNW/ - Candu Energy Inc., an AtkinsRéalis company [AtkinsRéalis Group Inc.] (TSX: ATRL), has renewed a 10-year master services agreement (MSA) with Bruce Power\n \n —\n \n operator of eight CANDU® reactors at their\n \n Tiverton\n \n nuclear station, one of the largest in the world, that supplies\n \n Ontario\n \n with 30% of its power.\n \n 1\n \n The MSA runs until 2035 and, subject to future Bruce Power contracting awards, covers possible future scopes of work for AtkinsRéalis expected to be worth up to\n \n $1 billion\n \n .\n \n 2\n \n This new long-term collaboration with Bruce Power replaces the previous MSA signed in 2015 between the same parties, which was set to expire at the end of this year.\n \n\n\n\n\n\n\n\n\n \"The renewal of this MSA is a testament to the strength of our relationship with Bruce Power, and the confidence they place in our work as the steward of CANDU technology,\" said\n \n Ian L. Edwards\n \n , President and Chief Executive Officer, AtkinsRéalis. \"Our continued long-term support for their CANDU-powered station is critical to\n \n Ontario's\n \n energy security and clean power goals.\n \n 3\n \n We look forward to many more years of collaboration together, building on the success of the prior MSA.\"\n \n\n Developed col...