Aecon wins $3 billion OPG Pickering nuclear refurbishment contracts

Aecon won contracts worth USD 3 billion from Ontario Power Generation for the Pickering Nuclear Generating Station refurbishment. Its USD 1.75 billion share will be added to construction backlog in Q3 2026. A 50/50 joint venture with AtkinsRéalis secured a USD 1.7 billion Unit 5 retube, feeder, boiler replacement contract. A consortium with Siemens Energy won a USD 1.3 billion turbine generator replacement contract, with Aecon holding a majority interest. Project execution is expected to start in January 2027, pending regulatory approval. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aecon Group Inc. published the original content used to generate this news brief via (Ref. ID: 202609211148PRIMZONEFULLFEED9830615) on September 21, 2026, and is solely responsible for the information contained therein. (C)