Aecon

Aecon-Wachs Hires New VP of U.S. Operations, Nuclear

Retrieved on: 
Monday, August 7, 2023

JACKSON, S.C., Aug. 7, 2023 /PRNewswire/ -- Aecon-Wachs , a US-based corporation serving the Industrial and Power Generation markets, has announced the addition of Brad Smalldridge to the company as Vice President of U.S. Operations, Nuclear.

Key Points: 
  • JACKSON, S.C., Aug. 7, 2023 /PRNewswire/ -- Aecon-Wachs , a US-based corporation serving the Industrial and Power Generation markets, has announced the addition of Brad Smalldridge to the company as Vice President of U.S. Operations, Nuclear.
  • Smalldridge brings more than three decades of senior leadership experience and will be responsible for leading the Aecon-Wachs nuclear business in the U.S. with a focus on strategic growth and business development in this evolving market.
  • He has previously held executive roles with major nuclear service providers, utilities, and has served in the U.S. Federal and commercial nuclear markets.
  • Aecon-Wachs is positioned for strategic growth in the U.S. as the team works closely with its parent company, Aecon Group.

The REM ready to welcome first passengers

Retrieved on: 
Friday, July 28, 2023

Once completed, the fully automated and electric REM will reduce GHG emissions by 100,000 tonnes per year.

Key Points: 
  • Once completed, the fully automated and electric REM will reduce GHG emissions by 100,000 tonnes per year.
  • "The REM will transform the way people get around the Greater Montréal area.
  • Our teams are ready to welcome users so that they'll have the best experience possible and to encourage them to adopt this modern, 100% electric mode of transportation."
  • "The launch of the Réseau express métropolitain (REM) clearly shows how the electrification of transportation is not only about individual electric vehicles.

Bruce Power signs $1.3 billion fuel channel and feeder replacement contract with Shoreline Power Group for remaining MCR projects

Retrieved on: 
Thursday, May 11, 2023

Tiverton, Ontario, May 11, 2023 (GLOBE NEWSWIRE) -- Bruce Power has made a major investment in powering Ontario’s economy and climate change goals forward, awarding a $1.3-billion contract to Shoreline Power Group for Fuel Channel and Feeder Replacement (FCFR) for its remaining Major Component Replacement (MCR) projects in Units 4, 5, 7 and 8.

Key Points: 
  • Tiverton, Ontario, May 11, 2023 (GLOBE NEWSWIRE) -- Bruce Power has made a major investment in powering Ontario’s economy and climate change goals forward, awarding a $1.3-billion contract to Shoreline Power Group for Fuel Channel and Feeder Replacement (FCFR) for its remaining Major Component Replacement (MCR) projects in Units 4, 5, 7 and 8.
  • The announcement comes just days after Bruce Power achieved substantial completion on its Unit 6 MCR project on-time and on-budget .
  • Shoreline Power Group, a joint venture between Aecon, SNC-Lavalin and United Engineers and Constructors, completed the FCFR for Unit 6 and had previously been awarded the Unit 3 MCR project which began March 1.
  • With this new contract, Shoreline Power Group will execute FCFR work on all six of Bruce Power’s MCR project (Units 3-8), helping to extend the life of the site to 2064 and beyond.

United Engineers & Constructors’ Shoreline Power Group Joint Venture Awarded $1.3 Billion Fuel Channel and Feeder Replacement Contract for Four Units at Bruce Power

Retrieved on: 
Thursday, May 11, 2023

United Engineers & Constructors, Inc. (United) announced today that Shoreline Power Group, a joint venture between United, Aecon and SNC-Lavalin, 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.

Key Points: 
  • United Engineers & Constructors, Inc. (United) announced today that Shoreline Power Group, a joint venture between United, Aecon and SNC-Lavalin, 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.
  • View the full release here: https://www.businesswire.com/news/home/20230508005801/en/
    Shoreline Power Group's fuel channel and feeder replacement (FCFR) project achieved substantial completion at Bruce Power Nuclear Generating Station Unit 6.
  • (Photo: Business Wire)
    “This contract award for the remaining FCFR work highlights the confidence Bruce Power has in Shoreline Power Group and is a testament of our successes,” said Scott Reeder, Chief Executive Officer at United.
  • United’s Steam Generator Replacement Team (SGRT) joint venture is also currently contracted to replace steam generators at Bruce Units 3, 4 and 6.

Bruce Power Unit 6 MCR construction complete on-time and on-budget

Retrieved on: 
Thursday, May 4, 2023

Tiverton, ON, May 04, 2023 (GLOBE NEWSWIRE) -- With the monumental construction phase of the Major Component Replacement portion of its Unit 6 refurbishment now substantially complete, Bruce Power is turning its attention to the process of returning the unit to service.

Key Points: 
  • Tiverton, ON, May 04, 2023 (GLOBE NEWSWIRE) -- With the monumental construction phase of the Major Component Replacement portion of its Unit 6 refurbishment now substantially complete, Bruce Power is turning its attention to the process of returning the unit to service.
  • Despite the pandemic, the company reached a major milestone this week with the substantial completion of the construction phase of its Unit 6 MCR Project on-time and on-budget and has shifted focus to returning the unit to service later this year as Bruce Power progresses Ontario’s largest clean-energy infrastructure project.
  • Each successive outage over the next decade will build off the successes and innovations of the Unit 6 MCR.
  • “The Unit 6 MCR outage wasn’t without its challenges for Bruce Power and our construction and supply chain partners,” said Mike Rencheck, Bruce Power’s President and CEO.

Virtusa Finalizes Strategic Cloud Migration Partnership with Aecon to Bring Digital Operations to Amazon Web Services

Retrieved on: 
Friday, March 24, 2023

SOUTHBOROUGH, Mass., March 24, 2023 /PRNewswire/ -- Virtusa Corporation, a global provider of digital strategy, digital engineering, and information technology (IT) services and solutions, announced today it had signed a strategic cloud migration partnership to support Aecon Group Inc.'s (TSX: ARE) cloud transformation journey. The deal underscores Virtusa's strengths in migrating Aecon's digital operations seamlessly to the Amazon Web Services (AWS) Cloud while managing robust and continuous innovation to future-proof operations.

Key Points: 
  • Virtusa and Aecon join forces to drive digital transformation, leveraging strategic cloud migration partnership with Amazon Web Services.
  • SOUTHBOROUGH, Mass., March 24, 2023 /PRNewswire/ -- Virtusa Corporation, a global provider of digital strategy, digital engineering, and information technology (IT) services and solutions, announced today it had signed a strategic cloud migration partnership to support Aecon Group Inc.'s (TSX: ARE) cloud transformation journey.
  • The deal underscores Virtusa's strengths in migrating Aecon's digital operations seamlessly to the Amazon Web Services (AWS) Cloud while managing robust and continuous innovation to future-proof operations.
  • Virtusa and Aecon will work together to identify opportunities for cloud migration across Aecon's operations and infrastructure, enabling Aecon to benefit from AWS's scalable and cost-effective solutions while leveraging Virtusa's proven track record of delivering successful cloud migration projects.

Governments of Canada and Ontario Working Together to Build Largest Electricity Battery Storage Project in Canada

Retrieved on: 
Friday, February 10, 2023

"The Oneida Energy storage project is a great example of what can be accomplished through strong and meaningful partnership with Indigenous communities," said Todd Smith, Minister of Energy.

Key Points: 
  • "The Oneida Energy storage project is a great example of what can be accomplished through strong and meaningful partnership with Indigenous communities," said Todd Smith, Minister of Energy.
  • The Oneida Energy storage project is expected to reduce emissions by between 2.2 to 4.1 million tonnes, equivalent to taking up to 40,000 cars off the road.
  • "The Oneida Energy Storage Project is a milestone for Ontario's burgeoning energy storage sector.
  • We recognize the Government of Ontario and the Government of Canada for their continued support of energy storage initiatives.

SNC-Lavalin Signs Agreement to Develop Canada's First Small Modular Reactor for Ontario Power Generation

Retrieved on: 
Friday, January 27, 2023

MONTREAL, Jan. 27, 2023 /CNW Telbec/ - Candu Energy Inc., a member of the SNC-Lavalin Group (TSX: SNC), has entered into an agreement with Ontario Power Generation (OPG) to deliver the Darlington New Nuclear Project.

Key Points: 
  • MONTREAL, Jan. 27, 2023 /CNW Telbec/ - Candu Energy Inc., a member of the SNC-Lavalin Group (TSX: SNC), has entered into an agreement with Ontario Power Generation (OPG) to deliver the Darlington New Nuclear Project.
  • The project is spearheading the deployment of the GEH BWRX-300 Small Modular Reactor (SMR) before the end of the decade.
  • "SNC-Lavalin is a strong proponent for the necessary role of nuclear power in the Net Zero energy mix," said Ian L. Edwards, President and CEO, SNC-Lavalin.
  • The 6-year alliance agreement represents an innovative contracting approach for a nuclear project in North America.

NRStor and Partners Execute Major Agreements for 1000 MWh Oneida Energy Storage Project

Retrieved on: 
Friday, February 10, 2023

TORONTO, Feb. 10, 2023 (GLOBE NEWSWIRE) -- NRStor Inc. (“NRStor”) is pleased to announce that the Independent Electricity System Operator (“IESO”) has entered into an Energy Storage Facility Agreement (ESFA) for the Oneida Energy Storage Project (“the Project”). This is a significant step in advancing its development and follows the issuance of an Order-in-Council and Ministerial Directive to enable the Project to proceed, granted by the Government of Ontario.

Key Points: 
  • TORONTO, Feb. 10, 2023 (GLOBE NEWSWIRE) -- NRStor Inc. (“NRStor”) is pleased to announce that the Independent Electricity System Operator (“IESO”) has entered into an Energy Storage Facility Agreement (ESFA) for the Oneida Energy Storage Project (“the Project”).
  • The Oneida Energy Storage Project is the largest of its kind in Canada and amongst the largest in the world.
  • The Canada Infrastructure Bank has played a key role supporting project development and is collaborating with the Oneida Energy Storage Project on an investment agreement.
  • “This is a significant day for the Oneida Energy Storage Project, and we are proud of the example it sets as a sustainable energy project with strong Indigenous partnership from Six Nations and collaboration between industry and government,” says Annette Verschuren, Chair and CEO of NRStor.

Aecon’s Steve Nackan Named 2022 P3 Champion by The Canadian Council for Public-Private Partnerships

Retrieved on: 
Tuesday, November 22, 2022

TORONTO, Nov. 22, 2022 (GLOBE NEWSWIRE) -- Today, The Canadian Council for Public-Private Partnerships will celebrate its 2022 Champion Award recipient: Steve Nackan, Executive Vice President & President, Aecon Concessions.

Key Points: 
  • TORONTO, Nov. 22, 2022 (GLOBE NEWSWIRE) -- Today, The Canadian Council for Public-Private Partnerships will celebrate its 2022 Champion Award recipient: Steve Nackan, Executive Vice President & President, Aecon Concessions.
  • Nackan, who has served as a dedicated volunteer member of the Councils board of directors since 2013, will receive the prestigious award at P3 2022 , the 30th anniversary of CCPPPs annual conference.
  • Steve is a deeply respected leader in Canadas P3 infrastructure sector and internationally.
  • The Champion Award is presented by the Council to individuals who have made an outstanding contribution to P3s in Canada.