# Aecon teams awarded C$3 billion in contracts for Pickering Nuclear Refurbishment

Aecon Group Inc., in joint venture with AtkinsRéalis and consortium with Siemens Energy, was awarded contracts by Ontario Power Generation for the Pickering Nuclear Generating Station Refurbishment Project with an aggregate value of C$3 billion. Aecon's share is C$1.75 billion.

- Type: Contract
- Announced: 2026-09-21
- Where: Pickering, Ontario, Canada
- Value: $2.20B (3.00B CAD)
- Status: announced
- Products: nuclear reactor refurbishment services, steam turbine rotors, generator overhauls
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Aecon Group](https://endata.com/companies/3614.md)
- [Siemens Energy](https://endata.com/companies/6803.md) (partner)
- [Ontario Power Generation](https://endata.com/companies/8140.md) (customer)
- [AtkinsRéalis](https://endata.com/companies/73567.md) (partner)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2026/09/21/3365686/0/en/aecon-teams-awarded-contracts-with-aggregate-value-of-3-billion-for-the-pickering-nuclear-generating-station-refurbishment.html), 2026-09-21: "Aecon will provide critical construction and major component replacement execution services for the refurbishment project."
- [bnnbloomberg.ca](https://www.bnnbloomberg.ca/press-releases/2026/09/21/aecon-teams-awarded-contracts-with-aggregate-value-of-3-billion-for-the-pickering-nuclear-generating-station-refurbishment/), 2026-09-21: "Aecon will provide critical construction and major component replacement execution services for the refurbishment project."
- [ca.marketscreener.com](https://ca.marketscreener.com/news/aecon-group-inc-atkinsrealis-and-siemens-energy-receive-3-billion-contracts-from-ontario-power-g-ce785adbd18ff323), 2026-09-21: "Aecon's $1.75 billion share of the contracts will be added to its Construction segment backlog in the third quarter of 2026."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.