#Canada #Nuclear Innovation #Bruce Power #NPX #Port Elgin

Bruce Power and NPX Sign Multi-Year Agreement for Innovation and Growth

In a landmark move for the nuclear industry, Bruce Power has renewed its Master Services Agreement (MSA) with NPX (Nuclear Promise X). This agreement aims to foster collaboration and drive innovation in critical areas such as artificial intelligence, project development, and the advancement of new nuclear generation at the Bruce site.

The newly signed five-year agreement is valued at over $50 million, emphasizing NPX's ongoing role as an essential partner for Bruce Power. This extension also includes options for additional future extensions, which highlights the mutual commitment between the two organizations.

NPX is set to expand its footprint in Bruce County, evidenced by a new office opening in Port Elgin. This development aligns with their increasing workforce and reaffirms a long-term collaboration with Bruce Power, further supporting local economic growth. This move resonates with Bruce Power's mission of being “Canadian at our Core,” which prioritizes providing safe and reliable energy to Ontario while also creating jobs within the community and globally supplying medical isotopes that fight cancer.

Stephen Lecce, Ontario's Minister of Energy and Mines, expressed enthusiasm for the partnership, stating, "Our government is laser-focused on ensuring Ontarians have access to a domestic supply of affordable, reliable, and clean energy. This partnership is a significant step toward leveraging Canadian nuclear technology suppliers to create employment and bolster Ontario's economy."

Bharath Nangia, CEO of NPX, echoed similar sentiments, emphasizing that Bruce Power aims to be among the most ambitious nuclear operators globally. "This extended agreement builds on years of meaningful results and signals the next phase of growth in our partnership. We look forward to modernizing operations and advancing the new nuclear generation project here at Bruce."

Laurent Seigle, Bruce Power's Executive Vice-President of Projects, spoke about the outcomes the collaboration has produced, stating, "This agreement will enable us to continue working alongside NPX on innovative projects that secure our future while anticipating the next generation of nuclear power at the Bruce site."

About Bruce Power

Bruce Power, an electricity company located in Bruce County within the Saugeen Ojibway Nation Territory of Ontario, prides itself on its strong workforce of approximately 4,200 employees. They are dedicated to providing clean and reliable nuclear power to families throughout the province and supplying cancer-fighting medical isotopes globally. Established in 2001, Bruce Power is a partnership owned by TC Energy, OMERS, the Power Workers' Union, and The Society of United Professionals. Their commitment extends beyond just energy production; they actively engage in environmental protection and community support.

About Nuclear Promise X

Founded to revolutionize the nuclear industry, NPX specializes in modernization and innovation in nuclear engineering, project delivery, and digital transformation. Their purpose is to partner with utilities and other organizations to provide practical solutions that ensure nuclear power remains a safe, sustainable, and essential component of the global energy landscape. Through this collaboration, NPX continually seeks to advance nuclear technology, benefiting both the industry and the communities it serves.

As the nuclear industry evolves, this partnership between Bruce Power and NPX is a promising development, showcasing a commitment to innovation, safety, and economic growth both locally and nationally.