November 15, 2024
Business

Contract awarded for N-plant project

SAINT JOHN, New Brunswick – A New Brunswick company has landed a $40 million contract with Atomic Energy of Canada Ltd. to help refurbish the Point Lepreau nuclear generating station.

Lorneville Mechanical Contractors Ltd. of Saint John will provide general mechanical services for various trades and equipment for the project. The contract will create 225 jobs over 18 months.

AECL and the province’s electric utility, NB Power, started the $1.4 billion project last month.

The goal is to add another 25 years of life to the aging Candu 6 reactor – which is the only nuclear power plant in Atlantic Canada, located 25 miles from the Maine border.

So far, AECL has awarded more than $100 million worth of contracts to New Brunswick companies.


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