Bruce Power and Candu Energy Inc. have a renewed a $1-billion agreement that will see the subsidiary company of AtkinsRéalis continue to work on the utility’s multi-year Life Extension Project.

Originally established in 2015, the Master Services Agreement between the two entities has been instrumental in supporting Bruce Power’s Major Component Replacement (MCR) program and outage activities.

The companies say the renewed agreement, which now extends 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’s Integrated Energy Plan.

“This agreement strengthens our operational and projects capabilities but also supports thousands of high-skilled jobs and drives economic growth in Ontario and across Canada,” said Bruce Power President and CEO Eric Chassard. “We continue to build on our strong track record of performance at Bruce Power in both operations and projects and will not lose sight of these building blocks that have made us successful.”

Bruce Power’s multi-year Life Extension Project is one of the largest electricity infrastructure Projects in Canada and represents the largest private-sector investment in Canada’s nuclear industry and generation infrastructure.

Key aspects of the of the agreement include:

• $1-billion potential spend in Canada over the next decade, driving support for Canadian suppliers, strengthening the local workforce and delivering efficiency gains
• enhanced competitiveness by opening opportunities for a broader supplier base
• support for Canadian innovation, with continued investment in nuclear expertise and infrastructure, and
• a continued commitment to support community focused initiatives in the Clean Energy Frontier Region and the Saugeen Ojibway Nation Traditional Territory which the Bruce Power site operates on.

The agreement also introduces updated governance, cybersecurity compliance, and communications protocols, ensuring alignment with industry best practices and future-ready operations.

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’s largest operating nuclear facilities.