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Atkinsrealis Group Inc
Symbol ATRL
Shares Issued 174,838,551
Close 2024-11-15 C$ 73.03
Market Cap C$ 12,768,459,380
Recent Sedar Documents

Globe says Atkinsrealis sells two nukes to Romania

2024-11-18 06:48 ET - In the News

The Globe and Mail reports in its Saturday edition that Montreal-based Atkinsrealis Group has won a joint contract to build two nuclear reactors in Romania -- the first new Candu reactors to be built in the world since 2007. The Globe's Emma Graney and Nicolas Van Praet write that in announcing the deal Friday, Atkinsrealis's Candu Energy Inc. said it marks a new era in the construction of large nuclear reactors. Friday's joint venture underscores how global efforts to reduce greenhouse gas emissions have breathed new life into the technology's future. It follows a recent string of other announcements signalling momentum in nuclear's revival, including technology giants Microsoft, Google, Amazon and Oracle saying recently they are increasing their exposure to nuclear energy. The Romanian joint venture will see Candu Energy team up with Italian company Ansaldo Nucleare, Sargent & Lundy and Fluor Corp. (both headquartered in the United States) to build two new reactors at the Cernavoda Nuclear Generating Station in Romania, allowing the country to almost double its production of nuclear-powered electricity. The Canadian government will loan $3-billion to Romania's nuclear power operator to finance the deal.

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