Aecon joint venture awarded steam generator replacement contract for three units at Bruce Nuclear Generating Station in Ontario

TORONTO, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE)  (“Aecon” or the “Company”) announced today that the Steam Generator Replacement Team (“SGRT”), a 50/50 joint venture between Aecon and SGT (a partnership between Framatome and United Engineers & Constructors), has been awarded a $700 million contract by Bruce Power to replace steam generators at Units 5, 7 and 8 of the Bruce Nuclear Generating Station in Tiverton, Ontario. Aecon’s share of the contract will be added to its Construction segment backlog in the third quarter of 2024.

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