Aecon-led partnership awarded contract by Ontario Power Generation for the execution phase on the Darlington New Nuclear Project
The project is being delivered under an Integrated Project Delivery ('IPD') model. During the execution phase, Aecon Kiewit Nuclear Partners will work collaboratively with partners OPG (owner and licence holder), GE Vernova Hitachi Nuclear Energy and AtkinsRéalis to deliver North America's first grid-scale Small Modular Reactor ('SMR').
Aecon Kiewit Nuclear Partners' scope of work during the execution phase includes project management, construction planning and execution, with completion and commercial operation expected in 2030.
'OPG's Darlington New Nuclear Project is a trailblazing undertaking – leading the way in delivering the next generation of nuclear plants across North America and internationally,' said Jean-Louis Servranckx, President and Chief Executive Officer, Aecon Group Inc. 'Aecon is proud to bring its diverse nuclear expertise and multidisciplinary capabilities to play a prominent role in safely executing this exciting project to meet the energy demands of future generations in Ontario.'
'Backed by over five decades of nuclear experience and the collective capacity of our project team, we are well positioned to successfully execute the next phase of this clean energy project with a steadfast commitment to safety, quality, schedule and cost performance,' said Aaron Johnson, Senior Vice President, Nuclear, Aecon Group Inc. 'Aecon continues to pursue strategic growth across a full spectrum of nuclear opportunities spanning large-scale new builds, SMRs, and life extension programs in existing and target priority markets.'
Aecon is also the leading constructor for the three largest nuclear refurbishment projects in Ontario, including the Darlington Nuclear Refurbishment, the Pickering Nuclear Refurbishment and the Bruce Major Component Replacement program.
Further information about the project is available on OPG's website.
About Aecon
Aecon Group Inc. is a North American construction and infrastructure development company with global experience. Aecon delivers integrated solutions to private and public-sector clients through its Construction segment in the Civil, Urban Transportation, Nuclear, Utility, and Industrial sectors, and provides project development, financing, investment, management, and operations and maintenance services through its Concessions segment. Join our online community on X, LinkedIn, Facebook, and Instagram @AeconGroupInc.
Statement on Forward-Looking Information
The information in this press release includes certain forward-looking statements which may constitute forward-looking information under applicable securities laws. These forward-looking statements are based on currently available competitive, financial and economic data and operating plans but are subject to risks and uncertainties. Forward-looking statements may include, without limitation, statements regarding the operations, business, financial condition, expected financial results, performance, prospects, ongoing objectives, strategies and outlook for Aecon, including statements regarding: the anticipated timeline for the successful execution and completion of the project. Forward-looking statements may in some cases be identified by words such as 'may,' 'will,' 'expects,' 'target,' 'future,' 'plans,' 'believes,' 'anticipates,' 'estimates,' 'projects,' 'intends,' 'should' or the negative of these terms, or similar expressions.
In addition to events beyond Aecon's control, there are factors which could cause actual or future results, performance or achievements to differ materially from those expressed or inferred herein including but not limited to: the risk of not being able to meet contractual schedules and other performance requirements, the risks associated with a third party's failure to perform; the risk of not being able to meet its labour needs at reasonable costs; and the risk of not being able to address any supply chain issues which may arise. These forward-looking statements are based on a variety of factors and assumptions including, but not limited to that: none of the risks identified above materialize, there are no unforeseen changes to economic and market conditions, and no significant events occur outside the ordinary course of business. These assumptions are based on information currently available to Aecon, including information obtained from third-party sources. While Aecon believes that such third-party sources are reliable sources of information, Aecon has not independently verified the information. Aecon has not ascertained the validity or accuracy of the underlying economic assumptions contained in such information from third-party sources and hereby disclaims any responsibility or liability whatsoever in respect of any information obtained from third-party sources.
Risk factors are discussed in greater detail in Section 13 - 'Risk Factors' in Aecon's 2024 Management's Discussion and Analysis for the fiscal year ended December 31, 2024 and Aecon's Management's Discussion and Analysis for the fiscal quarter ended March 31, 2025, each filed on SEDAR+ (www.sedarplus.ca
For further information:
Adam Borgatti
SVP, Corporate Development and Investor Relations
416-297-2600
[email protected]
Nicole Court
Vice President, Corporate Affairs
416-297-2600
[email protected]
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
5 hours ago
- Yahoo
Can-Am Launches New Generation Defender Side-by-Side, Engineered to Outperform
VALCOURT, QC, Aug. 17, 2025 /PRNewswire/ - Can-Am, iconic brand of BRP Inc. (TSX: DOO) (NASDAQ: DOOO), is changing the utility and recreational side-by-side landscape with the next generation of its Can-Am Defender model. Trusted by farmers, ranchers and riders across the world, the Defender is renowned for its power and skill to turn work and play into one. For 2026, this iconic workhorse receives a ground-up overhaul, further solidifying its position as one of the most capable, versatile and reliable utility-recreational side-by-sides on the market. "At Can-Am, we know that the clock never stops for the farmers, ranchers and builders around the world," said Julie Tourville, Director, Global Marketing, Can-Am Off-Road at BRP. "This new Defender platform is built to prove it and match the unstoppable spirit of our hardworking customers. From managing farmland, to running a job site, or escaping to the backcountry, the new generation Defender is all about bringing true value to our riders with practical and best-in-class features, industry-leading technology and reliable performance that they can count on to help them get the job done and beyond." PowertrainAt the core of the next-generation Can-Am Defender is an all-new HD11 999cc inline three-cylinder Rotax ACE engine, boasting 95 horsepower and 70 lb-ft of torque. The HD11 powerplant is paired with an all-new continuously variable transmission (CVT) and pDrive primary clutch that are designed to put power to the ground with precision and improve low-speed power delivery, while enhancing reliability. With three new selectable drive modes – Normal, Work and Sport – the engine optimizes performance for the toughest tasks, from towing heavy loads to conquering some of the most demanding terrains. A new intake system promotes airflow to bolster engine performance, while an updated cooling system manages engine temperature and enhances HVAC (heating, ventilation, and air conditioning) performance. The 2026 Defender XT packages are equipped with a new Quick-4Lok auto-locking front differential, while the Limited, Lone Star and X mr packages carry the automatic, electronically controlled Smart-Lok front differential to maximize traction in most conditions. The new Defender continues to lead the way with best-in-class payload, towing and cargo capacity, and it now comes equipped with a new, larger 11.9-gallon fuel tank that enables longer days on the job or trail. Suspension and ChassisA best-in-class powertrain demands a suspension package and chassis that are up to the task. The 2026 Defender features new suspension geometry with a 65-inch-wide design and 50% larger arched double A-arms. The suspension and steering components are more robust and are assembled with double-bonded bushings, an industry first, for reduced maintenance and a quieter ride. The chassis has also been toughened up for the most demanding work and play scenarios, including improved ROPS. These changes not only increase toughness but also deliver sharper, more stable handling and advanced suspension performance even when the vehicle is loaded down with tools and gear. The Defender features 12 inches of front and rear suspension travel with 15 inches of ground clearance, which are best in class. The turning radius has also been reduced, making tight maneuvers easier than ever. Finally, the new, larger 262mm front brake rotors are gripped by 32mm hydraulic twin piston calipers and new brake pads, providing confidence-inspiring stopping power, even under heavy loads. Workability and Rider ExperienceWorking harder and smarter than ever before, the 2026 Defender offers comfort when riders want it and next-level capability when they need it. The ergonomics start with the largest cab in its class and 8% more leg room than the closest competition. Plus, the adjustable quick tilt steering wheel allows for convenient ingress and egress, while the backrest angle and seat foam have been revised for greater comfort and support. The new Defender Limited and Lone Star packages are equipped with an updated HVAC system, improving cooling and heating capacity. A simple three-knob system provides convenient climate control adjustment. CAB models also benefit from noise, vibration and harshness reduction for better communication with passengers thanks to a new roof liner, rear wall insulation and floor mats. Designed to take the rider experience to the next level, the new 10.25'' Touchscreen Display packs a range of useful features, including a back-up camera and built-in GPS to track every ride and locate friends with or without a phone or network connection. This infotainment system also lets riders seamlessly control music, monitor ride statistics, manage accessories and unlock advanced off-road navigation features through the BRP GO! app. With integrated Wi-Fi connectivity, it supports over-the-air software updates, so owners can effortlessly access the latest features as they become available. The 10.25'' Touchscreen Display comes standard on all Limited and Lone Star models, and it's available as an option on the XT and XT CAB. With over 200 accessories available to choose from, riders can customize their Defender to best suit their riding style and work needs. From convenient LinQ cargo boxes, to the new integrated plow mount and intuitive SMART accessories, this workhorse is a blank canvas ready for personalization. When it comes to outfitting the 2026 Defender with electronic accessories or powering tools and equipment, the new charging system produces 1700 Watts, doubling the output of the previous generation. To enhance the rider's line of sight in low-light conditions, the 2026 Defender features new LED headlights that produce 45% more output than the previous version. In addition, new LED rear lights include backup lights that turn on while in reverse. Designed with the rider in mind, the new Defender offers convenient access to service points, and it has some of the longest service intervals and lowest maintenance costs in the industry. This means less downtime for repairs and more time on the trail or taking on tough jobs. Vehicle LineupThe 2026 Defender HD11 has six distinct model configurations: the Defender XT, Defender XT CAB, Defender X mr, Defender Limited, Defender Lone Star and Defender Lone Star CAB. These configurations are offered in standard (3-seat), except for the Lone Star, and MAX (six-seat) variations for each of them. Defender HD7, HD9 and HD10 models also return for 2026. To learn more about the Can-Am Defender lineup, visit About BRPBRP Inc. is a global leader in the world of powersports products, propulsion systems and boats built on over 80 years of ingenuity and intensive consumer focus. Through its portfolio of industry-leading and distinctive brands featuring Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on and off-road vehicles, Quintrex boats, Manitou pontoons and Rotax marine propulsion systems as well as Rotax engines for karts and recreational aircraft, BRP unlocks exhilarating adventures and provides access to experiences across different playgrounds. The Company completes its lines of products with a dedicated parts, accessories and apparel portfolio to fully optimize the riding experience. Committed to growing responsibly, BRP is developing electric models for its existing product lines. Headquartered in Quebec, Canada, BRP had annual sales of CA$7.8 billion from over 130 countries and employed approximately 16,500 driven, resourceful people as of January 31, 2025. Ski-Doo, Lynx, Sea-Doo, Can-Am, Rotax, Manitou, Quintrex, and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. All other trademarks are the property of their respective owners. View original content to download multimedia: SOURCE BRP Inc. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
5 hours ago
- Yahoo
Can-Am Breaks New Ground: Introducing the Outlander Electric, Outlander MAX 6x6, Maverick R X rc, and the First ATV with Semi-Active Suspension
VALCOURT, QC, Aug. 17, 2025 /CNW/ - Can-Am, iconic brand of BRP Inc. (TSX:DOO) (NASDAQ: DOOO), continues to pioneer off-road innovation with new all-terrain vehicles (ATV) and side-by-side vehicles (SSV) for 2026. Pushing the envelope of technology, versatility and adventures, the 2026 ATV lineup includes the revolutionary Can-Am Outlander Electric, the rugged Outlander MAX 6x6, and the industry's first semi-active suspension ATV. The Can-Am Maverick lineup also makes strides in performance with the introduction of the new king of the rocks, the Maverick R X rc, and refinements to the Maverick X3 platform. "Innovation is at the core of Can-Am's DNA," said Julie Tourville, Director, Global Marketing, Can-Am Off-Road at BRP. "The 2026 Can-Am Off-Road lineup marks numerous innovations and industry firsts that showcase our relentless pursuit of the ultimate rider experience. From the first full-size production electric ATV to the next evolution of our Maverick R and Maverick X3 platforms, we are proud to be on the leading edge of the powersports industry." A Quiet Evolution: the All-New 2026 Can-Am Outlander ElectricThe 2026 Can-Am Outlander Electric redefines utility and adventure for farmers, ranchers, and outdoor enthusiasts alike. Powered by the same in-house, modular Rotax E-Power powerpack as BRP's electric motorcycles and snowmobiles, this new model delivers 47 hp and 53 lb-ft of torque, with up to 50 miles of range in optimal conditions. It features instant throttle response, selectable ride modes – Normal, Sport, Work – and charges from 20 to 80% in just 50 minutes using a Level 2 charger. What truly sets it apart is its whisper-quiet operation. Outfitted with electric power, noise-reducing XPS Recon Force tires, optimized suspension, and a low-noise cooling system, it enables a smooth riding experience that is perfect for connecting with the land and exploring nature without disturbing it. All of this, while still delivering the true Can-Am experience with industry-leading 1,830 lbs of towing capacity, impressive off-road performance, and more than 120 available accessories to deliver a fully customizable experience for any rider, in any environment. The Ultimate Utility on any Terrain: the Can-Am Outlander MAX 6x6Engineered to work harder, explore further and power through anything, the Can-Am Outlander MAX 6x6 goes places most ATVs would never dare. With six-wheel traction, a robust chassis and powerful, state-of-the-art Rotax engine packages, the Outlander MAX 6x6 offers unlimited adventure and is the hardest-working ATV in the Can-Am lineup. The Outlander MAX 6x6 Backcountry 1000R features 30-inch tires mounted to beadlock wheels. Also, an arched double A-arm suspension configuration, paired with SHOWA gas shocks, creates an impressively smooth and stable ride with plenty of ground clearance. It's powered by the industry-leading 999cc V-Twin Rotax engine, producing 101 horsepower and 69 lb-ft of torque. With selectable ride modes, Visco-6lok front differential and a refined continuously variable transmission (CVT), power is transferred to the ground with efficiency and precision while also providing riders with more grip and better maneuverability. The Outlander MAX 6x6 is also available in DPS 700 and DPS 850 packages. Developed in some of the harshest weather conditions on extreme terrain, the Outlander MAX 6x6 offers a potent combination of reliable performance and endless versatility. A New Semi-Active Suspension System for the Outlander XT-P and MAX LimitedFor the first time in the industry, Can-Am is introducing an ATV with a semi-active suspension. Available on Can-Am Outlander XT-P and MAX Limited packages, the Smart-Shox technology electronically adjusts the compression and rebound settings of the shocks to the terrain on the fly, providing the optimal mix of ride comfort and precise handling. The Smart-Shox system offers four distinct ride modes: Comfort, Normal, Sport and Work, the MAX versions include a fifth ride mode: Comfort 2-Up. The system collects real-time data from four position sensors to instantly adjust the valving of the shocks to match the terrain and speed of the vehicle. The result is an incredibly versatile ATV that can cruise comfortably, handle some of the toughest jobs on the ranch and attack the trail, all without manual suspension adjustment. The King of the Rocks: the Can-Am Maverick R X rcFirst introduced in 2024, the 240-horsepower Can-Am Maverick R has quickly become renowned for its raw speed and all-out desert performance. For 2026, the new Maverick R X rc is flipping the script, bringing purpose-built rock-crawling performance to the Maverick R platform. Can-Am carries a legacy of success at King of the Hammers, including winning the 2025 4400 Unlimited class race in a modified Maverick R. The new X rc package is the result of hard-earned knowledge from one of the toughest rock races in the world. The X rc package includes a range of rock-crawling-specific features like an Extra Low gear range and ROCK mode for the Smart-Lok differential, optimizing rock-crawling capabilities. Furthering its rock-ready capabilities, the X rc is outfitted with industry-first features like massive 35-inch XPS Hammer King tires and an integrated FOX steering damper. Protective components include a heavy-duty HMW plastic skid plate, A-arm protectors, rock sliders and an anti-intrusion bar. Whether riders are tackling Moab, crawling through the Rubicon, or forging their own path, the Maverick R X rc is engineered for conquering some of the most challenging and rockiest terrains. Tried and True Performance: the Can-Am Maverick X3A mainstay of the Can-Am Off-Road lineup, the Maverick X3 receives key refinements and an additional package offering for 2026. From recreational trail enthusiasts to die-hard racers, the X3 platform offers a wide range of packages to suit nearly any rider. The refinements amplify the rider experience with new technology. Modernized LED lighting brings a refreshed look and a sharper, more focused beam with over 1700 lumens. As a result, visibility of trail details, obstacles and depth perception is noticeably enhanced. Plus, all Maverick X3 X ds, X rs and X rc packages are outfitted with the 10.25'' Touchscreen Display, featuring built-in GPS with the new Group Ride feature to locate friends offline without a phone connection. It's also compatible with SMART accessories like light bars, chase lights and the intermittent wiper. Finally, an all-new Maverick X3 X Turbo package brings premium performance to the trail with dedicated features like a 4,500-lb winch, front bumper, full roof and half door inserts. It also features the 10.25'' Touchscreen Display with integrated GPS. To learn more about the 2026 Can-Am lineup, visit About BRPBRP Inc. is a global leader in the world of powersports products, propulsion systems and boats built on over 80 years of ingenuity and intensive consumer focus. Through its portfolio of industry-leading and distinctive brands featuring Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on and off-road vehicles, Quintrex boats, Manitou pontoons and Rotax marine propulsion systems as well as Rotax engines for karts and recreational aircraft, BRP unlocks exhilarating adventures and provides access to experiences across different playgrounds. The Company completes its lines of products with a dedicated parts, accessories and apparel portfolio to fully optimize the riding experience. Committed to growing responsibly, BRP is developing electric models for its existing product lines. Headquartered in Quebec, Canada, BRP had annual sales of CA$7.8 billion from over 130 countries and employed approximately 16,500 driven, resourceful people as of January 31, 2025. Ski-Doo, Lynx, Sea-Doo, Can-Am, Rotax, Manitou, Quintrex, and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. All other trademarks are the property of their respective owners. View original content to download multimedia: SOURCE BRP Inc. View original content to download multimedia: Sign in to access your portfolio
Yahoo
a day ago
- Yahoo
Oklo Inc. (OKLO) Is A 'Very Good' Speculative Play, Says Jim Cramer
We recently published . Oklo Inc. (NYSE:OKLO) is one of the stocks Jim Cramer recently discussed. Oklo Inc. (NYSE:OKLO) is a nuclear power company that specializes in small modular reactors (SMR). Its shares have gained a whopping 231% year-to-date, with the strong share price performance also shifting Cramer's views about the stock. While earlier during the year, Cramer was skeptical about Oklo Inc. (NYSE:OKLO), he now believes it is a good speculative play to have in one's portfolio, provided other, non-speculative stocks are also present. Here are his recent thoughts about the nuclear company: 'Well, I've got to tell you, I actually liked them but they were people who wished that they had more contracts. And they referenced the federal government, and you know, they didn't, I thought it I was good. I happen to like nuke and they've got a very, they have a very coherent nuke thing for people who are into speculation, they're a good spec. . .yeah it's a very good spec.' Previously, Cramer discussed Oklo Inc. (NYSE:OKLO)'s share price performance: 'Until this market, I found it very hard to recommend anything… because historically, parabolic moves tend to explode in your face. But you know what? I violated my rule for this market simply because the moves are too big and the opportunities too frequent to pass on all of them. I don't want you to miss making some big money because of a view that might no longer be relevant. Let's take some stocks. Copyright: vencavolrab78 / 123RF Stock Photo Take Oklo, okay. You might have seen them on TV today. Here's a company that I'm asked about every couple of weeks, one that's working on new nuclear technology. I felt that the stock's parabolic run from $21 to $31 was just too steep for me, even as I'm a huge believer in nuclear. Finally, I switched my view and told people to buy it regardless of the parabola because it has just so much going for it. Today, Oklo announced an integrated power solution for data centers, might be worth billions to shareholders. It's a turnkey solution no one else has. The stock has now doubled since I waived my parabola ban, doubled.' While we acknowledge the potential of OKLO as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
