March 1, 2012 / 5:22 PM / 6 years ago

Aecon-SNC joint venture wins Darlington nuke contract

March 1 (Reuters) - Canadian construction company Aecon Group Inc said on Thursday that its joint venture with SNC-Lavalin Group, which bought out the Canadian government’s Candu commercial nuclear reactor business in October, has won a major project to refurbish all four nuclear reactors at Ontario’s Darlington Generating Station.

The first phase of the project is to run from 2012 to 2016 and generate C$600 million ($609 million) in revenue for the joint venture, of which more than C$100 million will go to Aecon.

Revenue in the second phase, which will extend from 2016 to 2023, has not yet been determined.

$1=$0.99 Canadian Reporting By Susan Taylor; editing by Rob Wilson

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below