Aecom completes acquisition of Canada's RSW Inc.
AecomTechnology Corporation, a leading provider of professional technical and management support services for government and commercial clients around the world, completed the acquisition of RSW Inc., an international engineering firm based in Montreal, Quebec.
RSW is a 550-employee, leading service provider to clients in key end markets, including hydropower and transmission and distribution, which will bolster the company's portfolio of services, particularly in its global energy business.
"Welcoming RSW into the Aecom family enables us to expand the growth opportunities for both companies," said John M. Dionisio, Aecom president and chief executive officer. "The combination of RSW's 40-year track record of serving clients in the Canadian infrastructure and energy markets and the work of its talented staff on complex projects in more than 50 countries further strengthens Aecom's ability to win the world's most complex and demanding projects."
Deal reached for Lower Churchill hydropower project in Canada
A C$6.2 billion (US$6.1 billion) deal was reached to develop the proposed Lower Churchill hydropower project in Canada.
Emera Energy, the owner of Nova Scotia Power, says the proposed project will bring energy from the Lower Churchill to customers in the Maritime Provinces and New England.
Chris Huskilson, president and CEO, of Emera Inc., and Ed Martin, president and CEO of Nalcor Energy, made the announcement Nov. 18.
They were joined by Premier Danny Williams of Newfoundland and Labrador and Premier Darrell Dexter Nova Scotia.
The Lower Churchill River system is comprised of Muskrat Falls, with 824 MW of power, and Gull Island, with 2,250 MW.
Phase two of the project will be the development of Gull Island. Construction is expected to start several years after Muskrat Falls.
Emera and Nalcor will jointly develop transmission in Newfoundland and Labrador to enable the movement of Lower Churchill energy through a joint venture that is 71 percent owned by Nalcor and 29 percent by Emera.
The joint venture will establish a new, regulated transmission utility in Newfoundland and Labrador.
Nova Scotia Power will develop agreements with Nalcor to build subsea transmission between Newfoundland and Nova Scotia in return for 20 percent of the energy from Muskrat Falls for 35 years.
This subsea transmission (the Maritime Link) will be 100 percent owned by Nova Scotia Power.
The total investment by all parties into the project would be C$6.2 billion Nalcor would invest C$2.9 billion for the Muskrat Falls generation facility.
The transmission link from Labrador to the island of Newfoundland will cost C$2.1 billion, and Emera is investing approximately C$600 million.
AFI Hydro Inc. is the new name of Allied Fabricators Inc.
Allied Fabricators Inc. changed its name to AFI Hydro Inc.
AFI Hydro is a leader in the design, manufacture and installation of water control gates and ancillary equipment for Canada's hydroelectric power generation industry.
Mark Barrington, chief executive officer of AFI Hydro, said: "Because our primary business is supplying water control gates to the hydroelectric power generation industry, our new name, AFI Hydro, better reflects who we are. Because hydroelectric energy is 'clean' energy and far more cost efficient than solar- or- wind-produced energy, our new motto, 'Your gate to clean energy,' reflects what we do."
AFI Hydro Senior Vice President Dave Ballantyne, said: "For 19 years, AFI Hydro has remained committed to performance excellence, safety and product value. As we continue to grow, we intend to continue this commitment to our customers and employees."
Partnership for clean energy research formed
The Advanced Energy Research and Technology Center (AERTC) at New York's Stony Brook University and Hydro-Quebec agreed on a memorandum of understanding to look at ways to coordinate resources for advancing new clean energy technologies with an eye toward enhancing their respective electric power systems.
Robert Catell, chairman of the AERTC board of advisors, and Denis Faubert, general manager of the Hydro-Quebec Research Institute, announced plans by their organizations to enter into joint research efforts to lead to collaborative agreements for benefiting electricity consumers in New York state and Quebec.
Aecon wins Waneta Expansion construction contract
Aecon Group Inc won a contract to work jointly with SNC-Lavalin on construction of the Waneta Expansion hydroelectric project in British Columbia.
The Waneta Expansion hydropower project is a 335-MW hydroelectric power facility on the Pend d'Oreille River, just south of Trail, British Columbia.
A joint venture of Aecon, Canada's largest publicly-listed construction company, and the construction unit of SNC-Lavalin Group Inc were awarded the civil works design and construction portion of the Waneta Expansion Project.
Financial terms of the contract were not disclosed.
SNC-Lavalin announced late last month that it had signed a C$587 million contract to expand the hydroelectric power project.
Engineering and construction work is already under way, and the new facility is expected to go into commercial operation in spring 2015.
Nova Scotia Power and OpenHydro reach milestone
Nova Scotia Power and its technology partner, OpenHydro, have successfully completed recovery of OpenHydro's demonstration turbine from the Minas Passage.
Recovery of the 400-ton tidal turbine represents a first for OpenHydro and a first for the Bay of Fundy. The recovery also satisfies one of the key objectives set with Nova Scotia Power at the outset of this important tidal turbine demonstration project.
"The recovery is exciting news and I'm proud of the team that worked on this phase of our project," said James Ives, Chief Executive Officer of OpenHydro.
"We have completed an initial assessment of the turbine as it was being recovered. The structure appears to be in excellent condition overall and, consistent with the images we obtained this summer, we now know that all of the blades are missing from the center of the unit."
ABB to equip Canada hydropower project
ABB, a leading power and automation technology group, will supply mechanical, electrical, and automation equipment for Yukon Energy Corporation's Mayo B hydroelectric project on the Mayo River in the Yukon.
Yukon Energy is undertaking the project to support the Yukon's growing demand for electricity by enhancing existing hydro infrastructure to increase the power that can be generated at the site from the current 5 MW to 15 MW, ABB said.
ABB is executing the project as part of a strategic alliance with Chongqing Yunhe Hydropower Group, one of the world's leading turbine suppliers in the small hydro market, who will be providing the turbines and generators.
ABB will be supplying the excitation system, governor system and various mechanical and electrical auxiliaries for this equipment.
In addition, ABB will be providing required site services to ensure the project is operational by the end of 2011.