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Atkinsrealis Group Inc
Symbol ATRL
Shares Issued 174,840,352
Close 2024-12-31 C$ 76.26
Market Cap C$ 13,333,325,244
Recent Sedar Documents

Globe says Atkinsrealis starts gaining on Russian nukes

2025-01-02 08:59 ET - In the News

The Globe and Mail reports in its Thursday edition that in November, Montreal-based Atkinsrealis Group announced it will participate in a four-company consortium that could resume construction of two 700-megawatt reactors at Cernavoda, Romania's only nuclear power station. The Globe's Matthew McClearn writes that the new units, Cernavoda units 3 and 4, would be the first Candus built anywhere since their sister, Unit 2, was completed in 2007. The deal was sealed by $3-billion in Canadian export financing, provided by the federal government and administered by Export Development Canada. Mere weeks later, Atkinsrealis's Pennsylvania competitor, Westinghouse Electric, announced it had a "letter of interest" from EDC for just over $2-billion in financing to build three of its AP1000 reactors at what would be Poland's first nuclear power plant. Westinghouse is now under Canadian ownership -- just over a year ago it was purchased by Brookfield Asset Management and Cameco. These announcements represent notable victories for Western nuclear interests, which otherwise have greatly receded in importance globally in recent decades. Russia, meanwhile, is constructing 20 reactors abroad, including in China, Egypt, India and Turkey.

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