Bruce Power announced a $300 million agreement with B&W (Babcock & Wilcox) Canada November 27, which will see the Cambridge company supply important services for all Bruce Power units, to meet the company’s ongoing operational needs.
The contract includes engineering, tooling development, skilled trades training and site work execution.
Work associated with the award of this contract will commence in January 2015 and is expected to carry out into 2020. It also provides a foundation to be expanded as Bruce Power proceeds with extending the lives of its units as outlined in Ontario’s Long-Term Energy Plan.
“This agreement is a win-win for all involved, securing jobs and injecting millions into Ontario’s economy,” said Duncan Hawthorne, Bruce Power’s President and Chief Executive Officer. “Our relationship with B&W is strong and they are a key player in helping Bruce Power to provide safe, low-cost, reliable power to every third home, school and business in the province.”