Design Engineering

AECL receives third bid offer

By Design Engineering staff   

General AECL Atomic Energy nuclear energy

Canadian entrepreneur looking to revamp struggling atomic reactor crown corp.

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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