BRUCE COUNTY, ONT. — Bruce Power and Candu Energy Inc., an AtkinsRéalis company, have signed a renewed master services agreement (MSA) that will see up to $1 billion invested over the next decade.
The MSA was originally established in 2015 and supported Bruce Power’s Major Component Replacement program and outage activities.
“The renewed agreement, extended through 2035, reflects a shared commitment to innovation, efficiency and collaboration focused on the eight units at the Bruce Power site and their key role in Ontario’s Integrated Energy Plan,” states a release.
The agreement introduces updated governance, cybersecurity compliance and communications protocols.
Bruce Power’s multi-year life extension project is one of the largest electricity infrastructure projects in Canada, the release reads, and represents the largest private-sector investment in Canada’s nuclear industry and generation infrastructure.
Candu Energy is the original equipment manufacturer of Canadian-designed CANDU technology, whose intellectual property is owned by the Government of Canada. The eight CANDU reactors at Bruce Power make it one of the world’s largest operating nuclear facilities.
