FOR IMMEDIATE RELEASE
Bruce Power, Babcock & Wilcox Canada sign contract for eight replacement steam generators
TIVERTON, ON – August 8, 2007 Bruce Power and Babcock & Wilcox (B&W) Canada are pleased to announce they have signed a contract at a value in excess of $90 million to manufacture eight replacement steam generators for Unit 3 at the Bruce A generating station.
The new vessels will be engineered and built at B&W Canada’s Cambridge facility. The new steam generators will be installed in Unit 3 as part of the ongoing, $4.25 billion Bruce A Restart and Refurbishment project.
In 2005, Bruce Power and B&W Canada signed a similar agreement for the manufacture of 16 replacement steam generators for Bruce A Units 1 and 2. To date, four of those generators have been installed in Unit 2.
“This is yet another example of the significant investment we are making to restore Bruce A and secure Ontario's energy supply,” said Duncan Hawthorne, Bruce Power’s President and Chief Executive Officer. "The resulting financial ripples continue to be felt around the province."
Mike Lees, President, B&W Canada, said this contract re-affirms his company’s reputation as a key player in North America’s revitalized nuclear industry.
“A contract of this magnitude demonstrates Bruce Power’s level of confidence in Babcock & Wilcox Canada. Our experience and stellar reputation for meeting our customers’ needs helped to secure this contract. The award will allow us to employ more skilled labour and engineering talent and to continue to make great contributions to the community.” he said.
B&W Canada, which built the original Bruce A steam generators more than 30 years ago, will manufacture the replacement vessels using Alloy 800 tubes and design enhancements learned from years of supplying replacement vessels for the U.S. and Canadian markets. Each of the new steam generators will weigh more than 100 tonnes and stand approximately 12 metres high.
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Media Contacts:
Yvette Amor
Manager, PR & Communications
Babcock & Wilcox Canada
(519) 621-2130 ext. 2416
YAmor@babcock.com
Steve Cannon
Manager, Investor and Media Relations
Bruce Power
(519)-361-6559
steve.cannon@brucepower.com
