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2014 Press Releases

 New Phase of Canada-China Nuclear Energy Cooperation Welcomed by Candu

Mississauga, ON – November 10, 2014 – Candu Energy today welcomed the November 8 signing of a Memorandum of Understanding (MOU) between Natural Resources Canada and the China National Energy Administration to advance collaboration between the two countries in the field of civilian nuclear energy including development of advanced fuel reactors and exports to third markets. Read more...

Candu Energy Welcomes Positive Review of AFCR Technology in China

Mississauga, ON –  November 6, 2014 – Candu Energy Inc., a member of the SNC-Lavalin Group (TSX: SNC), welcomes the positive review of the Advanced Fuel CANDU Reactor (AFCR™) by an Expert Panel of Chinese nuclear experts. AFCR technology uses both recycled uranium and thorium-based fuels to deliver high-performing reactors with strong environmental benefits. Read more...

Candu Energy and China Nuclear Power Engineering Company Sign Cooperation Agreement for Two CANDU Reactors in Romania

Mississauga, ON – July 24, 2014 – Candu Energy Inc., an SNC-Lavalin company, today signed a binding and exclusive cooperation agreement with China Nuclear Power Engineering Company, Ltd. (CNPEC) for the construction of CANDU Units 3 and 4 at the Cernavoda Nuclear Power Plant in Romania. Read more...

SNC-Lavalin Signs MOU with the CNNC to Develop Project Opportunities in China and Abroad

July 24, 2014 –  Today, Candu Energy's parent company, SNC-Lavalin Inc. announced it had signed a formal memorandum of understanding (MOU) with the China National Nuclear Corporation (CNNC) to jointly develop and pursue power generation, mining and metallurgy and nuclear-related environmental protection projects. Read more...

Candu Energy Employees Donate $9K to Canadian Cancer Society; Candu Energy Matches Donation

Mississauga, ON – June 25, 2014 – Candu Energy Inc. presented a cheque for $18,000 to the Canadian Cancer Society. Read more...

Preston Swafford Named Chief Nuclear Officer, President and CEO, Candu Energy, SNC-Lavalin

February 25, 2014 – This morning, Candu Energy’s parent company, SNC-Lavalin Inc. announced that Preston Swafford has been named Chief Nuclear Officer, President and CEO, Candu Energy, SNC-Lavalin effective March 1. Read more...

CANDU Technology: a Credible Option for the UK

Mississauga, ON – January 21, 2014 – Candu Energy welcomes the Position Paper published today by the United Kingdom’s Nuclear Decommissioning Authority (NDA), confirming the credibility of the CANMOX™ option for managing separated plutonium stocks. Read more...