05:30:43 EDT Tue 22 Oct 2024
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Atkinsrealis Group Inc
Symbol ATRL
Shares Issued 175,275,350
Close 2024-08-19 C$ 54.50
Market Cap C$ 9,552,506,575
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Atkinsrealis chosen for Surrey-Langley SkyTrain project

2024-08-20 14:40 ET - News Release

Mr. Ian Edwards reports

ATKINSREALIS CHOSEN TO SUPPORT THE SURREY LANGLEY SKYTRAIN EXTENSION IN BRITISH COLUMBIA

Atkinsrealis Group Inc. has been chosen by the Province of British Columbia to deliver the systems and track work for the Surrey-Langley SkyTrain (SLS) project in Canada. This project will be delivered alongside Western Pacific Enterprises Ltd. under the Transit Integrators B.C. joint venture.

The SLS will extend the existing Expo Line by 16 kilometres of elevated track, primarily along Fraser Highway, from King George Station in Surrey to 203 Street in the city of Langley, and will include eight stations and three transit exchanges. As the first rapid transit extension south of the Fraser River in 30 years, the SLS aims to accommodate the rapid population growth and increased demand for transit services in the region.

"This important government contract is crucial to supporting British Columbia's economic growth and will play a major role in enhancing transportation connectivity and accessibility in the region as well as providing a sustainable and efficient transportation solution for its communities," said Ian L. Edwards, president and chief executive officer of Atkinsrealis. "We remain committed to delivering cutting-edge solutions for world-class transportation systems."

"The project win is a testament to our global transportation expertise, combined with our impressive track record of successfully delivering transit infrastructure development projects in Metro Vancouver and across Canada," said Stephanie Vaillancourt, president, Canada, at Atkinsrealis. "We look forward to working collaboratively with our client and our joint venture partner on a priority project for British Columbia while deepening mutually beneficial client relationships and expanding our foothold in Western Canada."

The scope of the SLS systems and track work contract to be delivered by Atkinsrealis and its joint venture partner includes the design and installation of the track work, a power rail and linear induction motor (LIM) rail system, communications, automated train control, and power propulsion equipment.

Atkinsrealis has successfully delivered the Millennium Line and Evergreen extension in Metro Vancouver as well as the Canada Line in Vancouver/Richmond.

About Atkinsrealis Group Inc.

Created by the integration of long-standing organizations dating back to 1911, Atkinsrealis is a world-class engineering services and nuclear company dedicated to engineering a better future for the planet and its people. The company creates sustainable solutions that connect people, data and technology to transform the world's infrastructure and energy systems. Atkinsrealis deploys global capabilities locally to its clients and delivers unique end-to-end services across the whole life cycle of an asset, including consulting, advisory and environmental services, intelligent networks and cybersecurity, design and engineering, procurement, project and construction management, operations and maintenance, decommissioning, and capital. The breadth and depth of the company's capabilities are delivered to clients in strategic sectors such as engineering services, nuclear and capital.

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