SNC-Lavalin-backed Candu Energy and Ontario Power Generation to acquire Darlington New Nuclear Project.

SNC-Lavalin-backed Candu Energy, a company specializing in the design and supply of nuclear reactors, and Ontario Power Generation, a company provides power generation services, agreed to acquire Darlington New Nuclear Project. Financial terms were not disclosed. “SNC-Lavalin is a strong proponent for the necessary role of nuclear power in the net zero energy mix. As we’ve laid out in our Engineering Net Zero report, Canada’s 2050 net zero commitments will require large-scale electrification of transportation, buildings and heavy industrial processes," Ian Edwards, SNC-Lavalin President and CEO.