Design Engineering

AECL receives third bid offer

Canadian entrepreneur looking to revamp struggling atomic reactor crown corp.

December 15, 2010   by Design Engineering staff

The interior of an AECL Candu 6 reactor
Source: Atomic Energy of Canada Limited

OTTAWA — The Vancouver Sun reports that a Canadian entrepreneur, Andrew Day, has made a last minute bid for Atomic Energy of Canada Limited (AECL). According to the article, the former aviation-industry executive is interested in developing the crown corporation’s “new build” business. SNC-Lavalin and Bruce Power, the two other AECL bidders, are believed to interested primarily in the engineering-services component.

According to the Sun article, a preferred bidder may be chosen in January and a deal reached as soon as the first quarter of 2011.

Entrepreneur mounts 11th-hour bid for AECL’s Candu reactor unit


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