Bruce Power in Ontario, Canada has signed advanced manufacturing contracts worth $914 million for its Major Components Replacement project, which commences in 2020. The company said that this will allow the site to continue to generate low-cost, carbon-free electricity through to 2064.
Mike Rencheck, President and CEO of Bruce Power, said: “By signing these contracts, we have secured ‘Made in Ontario’ solutions for the components we will need to successfully complete our MCR Projects, extending the life of our site to 2064. The announcement represents a $914 million investment in Ontario’s highly skilled workforce, which will create untold economic opportunities for the communities in which they will operate for many years to come.”
The MCR Project agreements include: