October 23, 2017 4:23 AM ET

Electric Utilities

Company Overview of Bruce Power L.P.

Company Overview

Bruce Power L.P. operates a private nuclear generator in Canada. The company offers contract services, including nuclear services, project management and construction, engineering and tooling, maintenance, and IT and consulting. It also provides aboriginal relations, emergency preparedness, environment and sustainability and physician recruitment programs. The company was founded in 2001 and is headquartered in Tiverton, Canada. Bruce Power L.P. is a former subsidiary of EDF Energy Nuclear Generation Group Limited.

177 Tie Road

B10, R.R. 2

PO Box 1540

Tiverton, ON N0G 2T0

Canada

Founded in 2001

Phone:

519-361-2673

Fax:

519-361-5528

Key Executives for Bruce Power L.P.

Chief Executive Officer and President
Age: 56
Chief Financial Officer
Chief Nuclear Officer and Executive Vice President
Head of Corporate Communications
Executive Vice President of Human Resources
Compensation as of Fiscal Year 2017.

Bruce Power L.P. Key Developments

Rolls-Royce Holdings plc and Bruce Power Sign Multi-Year Cooperation Agreement for Plant Life-Extension to Provide Clean Power

Rolls-Royce and Bruce Power have entered into an agreement to implement Rolls-Royce's innovative digital analytics tools, as part of Bruce Power's Life-Extension Program. As part of the contract, Rolls-Royce will implement its proven digital technology designed to optimise the operational lifetime of nuclear power plants, known as T-104. The digital technology utilises worldwide nuclear operating data to provide best-in-class asset management services to the Bruce Power fleet. This enables Rolls-Royce to convert that intelligence into valuable insights to help Bruce Power improve the operational efficiency of its plants. Rolls-Royce will have employees embedded at Bruce Power so that the two organizations can work closely together to use Rolls-Royce's powerful demand driven forecasting data to improve equipment reliability, reduce inventories and maintenance and materials costs, while improving operational and supply chain practices. The end result is expected to be dramatic operating cost reductions as well as major reductions in capital tied up in parts inventories.

Bruce Power and ATS Automation Agreement to Provide Innovative Boost to Nuclear Life Extension Program

Bruce Power has signed a multi-year master tooling agreement with ATS Automation Tooling Systems Inc. for the supply of automated tooling systems and related services for Bruce Power's Life-Extension Program. This program will ensure Bruce Power nuclear continues to provide low-cost electricity for families and business for years to come. Bruce Power supplies 30% of Ontario's energy at 30% less than the average residential price. Under this agreement, ATS will apply its innovative manufacturing methodologies and knowledge of the nuclear industry to assist Bruce Power in meeting its goals. ATS's relationship with Bruce Power has included co-development of The Bruce Reactor Inspection and Maintenance System (BRIMS) system. The agreement names ATS as a supplier for strategic tooling services including key reactor tooling systems for the removal of fuel channels for Bruce Power's long-term investment program. The program includes the life extension of six units announced last December.  Since the Bruce Power Refurbishment Agreement took effect January 1, 2016 enabling operation through 2064, it remains on time and on budget.

Bruce Power L.P. Presents at The 8th Annual Canadian Power Finance Conference, Jan-20-2017 09:00 AM

Bruce Power L.P. Presents at The 8th Annual Canadian Power Finance Conference, Jan-20-2017 09:00 AM. Venue: The Ritz-Carlton, Toronto, Canada. Speakers: Kevin Kelly, Chief Financial Officer.

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Recent Private Companies Transactions

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