Aecon Nuclear

Overview

We are an industry leader

Aecon is Canada's largest nuclear constructor currently employing 2000+ highly skilled workforce. As an industry leader with 50 years of the successful history of building nuclear infrastructure, 413 approved Canadian supplier base, and 300+ qualified nuclear procedures, we are well-positioned for the development and construction of the Small Modular Reactor (SMR). Aecon's reputation for reliability, safety, and performance has made us a preferred Canadian top-tier contractor and a partner of choice. We offer an unparalleled depth of expertise and a comprehensive capability that can be called upon to deliver an integrated solution to virtually any construction challenge.

Over the years, Aecon has kept pace with the increasingly challenging industry demands – the need for more capacity, higher efficiency, top-notch quality, and innovation for the nuclear refurbishment program. Successful completion of Ontario Power Generation's (OPG's) Darlington unit #2 demonstrates Aecon's mission-critical projects' capabilities. Aecon continues to remain a top contributor to the success of the overall refurbishment program in Ontario through our involvement with future reactors overhaul, turbine generator overhaul, steam generators replacement, and many other related projects. Nuclear refurbishment is a large and complex construction endeavor. Aecon continues to play a critical role in making tools safer, fabricating complex nuclear components, implementing innovations, investing in training, and executing the work. And we do it all within a zero-injury culture that puts Safety First. We plan to leverage the resources, expertise, and supply chain partners cultivated through the refurbishment of the SMR program's success in Canada.

Aecon brings a broad range of services and seamless solutions from engineered module fabrication, greenfield site development, heavy civil structure, reactor internals installation, and Balance of Plant (BoP) construction. Client achievements are at the heart of the Aecon story. Aecon's predecessor played a vital role in the success of CANDU construction in Canada and internationally. In line with our motto of "building things that matter," Aecon is looking to continue the legacy with Canada's SMR construction and fabrication. There isn't a more diverse nuclear construction company in Canada with 363,000SF of fabrication shop space that can offer all aspects of SMR construction from shaft sinking to heavy civil construction, from fabrication to the nuclear island construction, all under one roof.

Aecon strongly supports SMR development in Canada and its vision to take a leading role on the globally. The successful completion of OPG Darlington Unit#2 overhaul demonstrates Canadian nuclear supply chain robustness. Aecon's nuclear skills and expertise cultivated through the refurbishment program offer a distinctive edge to Canada's SMR program. Combined with the robust supply chain, public, and government support, Canada provides a fertile ground to the SMR development like no other. As depicted in the SMR roadmap, strategic partnerships across the sector and internationally are essential to the success of SMR development. Partnership with OEMs, suppliers, unions, customer, local and indigenous communities is the cornerstone of Aecon projects across Canada. Aecon partnerships that can readily add value to the Candian SMR program are as follows.

• 413 Candian approved suppliers for Nuclear. 61 vendors from the indigenous community with $54M spent in the last five years
• Three active indigenous Joint ventures subsidiaries
• Top-level engagement of nuclear utilities for their refurbishment program
• Robust relationships with trades unions
• $1M+ annual donations to the communities that we are working in.
• 8000+ engage workforce who is making client expectations reality every day

Our SMR task team continues to work with various stakeholders in helping them progress from concept to construction. Following the completion of Darlington refurbishment, it is crucial to have an SMR fleet construction in the domestic and international markets to ensure the utilization of the trained workforce in post-refurbishment.

Our value propositions in alignment with SMR Roadmap are as follows:

• A firm commitment from Aecon's executive leadership to the support SMR program
• Successful track-record of the projects within the power generation, mining, and remote communities.
• Ability to optimize a practical technical and minimalist risk approach based on past experiences, proven plans and lessons learned will deliver the best value to SMR development
• Our existing 2000+ best-in-class resource with recent and relevant experience
• Extensive construction experience of the heavy civil structure, shaft sinking, and nuclear installations and new build fabrication
• A proven project management approach and associated procedures and systems that are used to manage over $3.5 Billion in projects annually successfully
• A track record of continuous performance improvement throughout previous and ongoing large nuclear programs and unparalleled history of nuclear knowledge and experience
• Strong financials coupled with our reputation for tenacity in managing projects to a successful conclusion
• Aecon's focus on health and safety is shown through our training programs, work plans and demonstrated through our recent achievement of Aecon Nuclear 3,000,000 hours LTI free.
• Established relationships with the local trade unions and proven Ability to manage complex projects

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