Shaw, Toshiba, Exelon to Pursue Saudi Nuclear Deals
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Shaw Group Inc., Toshiba Corp. and Exelon Nuclear Partners, a unit of Exelon Corp., will team up to pursue nuclear power contracts in Saudi Arabia as the kingdom invests to meet energy demand.
The group wants to provide engineering, procurement, construction and operations for Saudi nuclear power plants under the terms of the agreement, the companies said today in a statement released through Business Newswire.