Trio team up for Saudi nuclear projects

Uranium Investing

World Nuclear News reports Toshiba, The Shaw Group and Exelon team up to pursue nuclear projects in Saudi Arabia.
Under the terms of a teaming agreement, Shaw, Toshiba and Exelon Nuclear Partners – a division of US utility Exelon – will jointly pursue engineering, procurement, construction and operations of nuclear power plants using Toshiba’s Advanced Boiling […]

World Nuclear News reports Toshiba, The Shaw Group and Exelon team up to pursue nuclear projects in Saudi Arabia.

Under the terms of a teaming agreement, Shaw, Toshiba and Exelon Nuclear Partners – a division of US utility Exelon – will jointly pursue engineering, procurement, construction and operations of nuclear power plants using Toshiba’s Advanced Boiling Water Reactor (ABWR). The group would also be capable of utilizing Westinghouse’s AP1000 reactor technology.

Toshiba and Shaw would provide design, engineering, procurement and construction services, while Exelon would provide operations and related services for the projects.

Chairman, President and CEO of Shaw, J.M. Bernhard says:

“Shaw, Toshiba and Westinghouse are working collaboratively with customers to build four nuclear units in China and six new nuclear units in the US, the first contracts awarded in the US in nearly 30 years for new nuclear power plants.” He added, “The addition of Exelon, which operates the largest nuclear power fleet in the United States, creates a team that is unmatched in its ability to offer a portfolio of technology, construction and operations in Saudi Arabia.”

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