Aecon secures $934mn contract for Darlington SMR construction

Aecon Kiewit Nuclear Partners will lead construction of North America’s first grid-scale small modular reactor, with commercial operation expected in 2030.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2£/month*
then 14.90£ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Ontario Power Generation has awarded Aecon Kiewit Nuclear Partners the construction contract for the Darlington New Nuclear Project, which involves the installation of a BWRX-300 small modular reactor (SMR) developed by GE Hitachi Nuclear Energy. This unit will be the first of four planned for the Darlington site, east of Toronto. Approved by the Ontario government, the project represents a total investment of CAD20.9bn ($15bn).

A major contract for Canada’s nuclear sector

Aecon Group Inc. stated that its portion of the contract is valued at approximately CAD1.3bn ($934mn). The partnership with Kiewit Nuclear Canada operates under an Integrated Project Delivery model designed to strengthen collaboration between industry stakeholders and minimise cost overruns. The consortium will work alongside Ontario Power Generation (OPG), GE Vernova Hitachi Nuclear Energy, and AtkinsRéalis during the project’s execution phase.

The scope includes project management, construction planning, and full implementation through to commercial operation, scheduled for 2030. Site preparation began in 2022, with several critical components, including the reactor pressure vessel, already procured.

First new nuclear build in Ontario in over three decades

The Canadian Nuclear Safety Commission issued a construction licence in April for the first BWRX-300 unit. This marks the first new nuclear build in Ontario in more than 30 years. The provincial government authorised the project’s construction on May 8, representing a significant milestone in the province’s nuclear programme.

Jean-Louis Servranckx, President and Chief Executive Officer of Aecon Group, described the project as “trailblazing” for the North American nuclear sector in a company statement. In addition to this initiative, Aecon is already engaged in three nuclear refurbishment programmes in Ontario, including at Darlington, Pickering and Bruce Power.

A strong signal for the modular reactor market

The BWRX-300 is considered a next-generation SMR technology, offering a standardised design and shorter construction timelines as an alternative to traditional large-scale plants.

With this contract, Aecon strengthens its position as a key player in Canada’s nuclear industry. The Darlington project is part of a broader trend of strategic investments in SMRs across North America, attracting growing interest from other Canadian provinces and private sector stakeholders.

Electrabel has entrusted Framatome with upgrading the control system of the Tihange 3 reactor, reinforcing Belgium’s nuclear extension strategy launched in 2023.
Hitachi joins Washington and Tokyo in strategic projects to modernise the US grid and back artificial intelligence expansion through nuclear and electrification investments.
NANO Nuclear restructures its Canadian operations under the name True North Nuclear to accelerate regulatory and industrial development of its KRONOS MMR™ microreactor.
Cameco and Brookfield have signed a strategic agreement with the US government to build new Westinghouse reactors, a project valued at a minimum of $80bn, including an unprecedented public participation mechanism.
Talks are underway between Astana and Helsinki to consider the delivery of Kazakh uranium for Finnish nuclear power plants, amid efforts to diversify energy export markets.
NextEra Energy announces an agreement with Google to restart a nuclear plant in Iowa, with operations expected to resume as early as 2029 and full site ownership secured.
The environmental review of TerraPower’s Natrium project in Wyoming has been completed, paving the way for a construction permit for this advanced nuclear reactor.
Santee Cooper has selected Brookfield Asset Management to lead a feasibility study aimed at completing two unfinished AP1000 reactors, without relying on public funds or raising consumer rates.
Endesa, Iberdrola and Naturgy have officially requested the Spanish government to delay the closure of the Almaraz nuclear power plant, originally scheduled for 2028, reigniting the debate on nuclear power's role in the national energy mix.
The reactor vessel for Unit 1 at Egypt’s El Dabaa nuclear plant has been delivered following a 20-day maritime transport from Saint Petersburg, marking a critical milestone in the country’s energy project.
Ontario Power Generation secures CAD3bn ($2.1bn) in public equity financing to construct four modular reactors at Darlington, aiming to ease private sector entry into next-generation nuclear infrastructure.
French developer Newcleo launches a joint venture with Nextchem through a EUR70 mn contract to design the conventional island of its upcoming 200 MW modular nuclear reactors.
NANO Nuclear strengthens its North American strategy by acquiring Global First Power in Canada, securing regulatory rights for its KRONOS MMR™ project at Chalk River.
South Korea becomes the first country to submit a safeguards technical report to the IAEA for a small modular reactor, setting a precedent for early integration of non-proliferation requirements in nuclear design.
The Environmental Authority criticises the lack of key data on health risks, chemical discharges and construction safety for EDF's two upcoming EPR2 reactors in Seine-Maritime.
Brazil and China have concluded a three-year agreement to secure access to essential radioisotopes for the medical, industrial and scientific sectors, with no financial exchange between the parties.
US-based developer Last Energy will deploy its first domestic microreactor at Texas A&M-RELLIS, marking a strategic step in the advanced modular reactor race.
PGE acquires ZE PAK's stake in the joint venture responsible for developing Poland’s second nuclear site, consolidating a strategic asset within its energy portfolio.
Amazon unveils new visuals of its upcoming nuclear site, marking a key step in its partnership with X-energy to deploy up to 960 MW of modular nuclear capacity in Washington state.
Canadian uranium producer NexGen Energy has completed a A$1bn ($639mn) equity raise split between North American and Australian markets to support the development of its Rook I project.

All the latest energy news, all the time

Annual subscription

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2£/month*
then 14.90£ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.