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BRUCE COUNTY, ONT. \u2014 Bruce Power and Candu Energy Inc., an AtkinsR\u00e9alis company, have signed a renewed master services agreement (MSA) that will see up to\u00a0$1 billion invested over the next decade.<\/p>\n
The MSA was originally established in 2015 and supported Bruce Power\u2019s Major Component Replacement program and outage activities.<\/p>\n
\u201cThe 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\u2019s Integrated Energy Plan,\u201d states a release.<\/p>\n
The agreement introduces updated governance, cybersecurity compliance and communications protocols.<\/p>\n
Bruce Power\u2019s 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\u2019s nuclear industry and generation infrastructure.<\/p>\n
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\u2019s largest operating nuclear facilities.<\/p>\n<\/p><\/div>\n