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Candu Energy Inc. awarded $2.85 billion contract for CANDU Reactor life extension in Romania

Dec 19, 2024•over 1 year ago

Contract Type

contract

MontrealEnergy

Description

Candu Energy Inc., in a Consortium with other companies, has been awarded a contract by Societatea Nationala Nuclearelectrica S.A. to provide design, engineering, procurement, as well as project & construction management services to complete a reactor re-tube project and life-extend the Unit 1 CANDU reactor at the Cernavoda Nuclear Power Plant in Romania. AtkinsRéalis' portion of the contract is valued at $937 million, bringing the cumulative value for its work on Cernavoda Unit 1 to almost $1.9 billion.

Company Information

Company

Candu Energy

Location

Montreal, Quebec, Canada

About

Candu Energy Inc. is a Canadian nuclear technology company and a subsidiary of AtkinsRéalis Group Inc.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.