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SNC, OMERS Eye AECL Nuclear Reactor Unit
SNC-Lavalin Group is in discussions with the Ontario Municipal Employees Retirement System (OMERS) over a joint bid for Atomic Energy of Canada Limited’s nuclear power reactor business.
SNC-Lavalin Groupis in discussions with theOntario Municipal Employees Retirement System(OMERS) over a joint bid forAtomic Energy of Canada Limited’s (AECL) nuclear power reactor business,Reutersreports. AECL’sCanduunit designs and builds reactors for electricity generating stations.
Bruce Power, which operates a nuclear generating station in the province of Ontario, had previously dropped out of the biding process. Canada’s conservative government had placed AECL’s Candu reactor division up for sale in 2009.
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