Contract with Bruce Power Limited Partnership

RNS Number : 9258A

Senior PLC

07 June 2021

 

Senior plc announces contract with Bruce Power Limited Partnership

Senior plc ("Senior" or "the Group"), an international manufacturer of high technology components and systems, announces today that Senior Flexonics has been awarded an additional contract from Bruce Power Limited Partnership ("Bruce Power") as a key supplier for their Major Component Replacement ("MCR") Project.

This most recent contract is valued at over $8 million and brings the total awards on the project over the past 2 years to more than US $18 million, with the majority of project activity taking place across 2021 and 2022 when final delivery is scheduled.  The scope of the contracts is to supply replacement bellows expansion joints for critical equipment in the primary and secondary circuits for Reactor Units.  The work will be performed at the Senior Flexonics facility in Ontario, Canada and Senior Flexonics Pathway facility in Texas, USA.

Commenting on the award, Mike Sheppard, CEO of Senior Flexonics, said: "We are excited to play a significant role in Bruce Power's MCR project in extending the life of the Bruce Power facility.  We recognize Bruce Power's leadership in supporting Canada's mandate for clean energy and reduction of its carbon footprint and are privileged to be involved as a key supplier on this important project."

About Senior Flexonics

Senior Flexonics provides high technology products and systems for demanding applications in land vehicle, power and energy and adjacent markets.  Our product portfolio spans a wide range of fluid conveyance and thermal management components and sub-systems, as well as complex precision-machined parts, for conventional and advanced land vehicle propulsion systems, petro-chemical, nuclear, renewable energy and a variety of other industrial applications.  With a global footprint, Senior Flexonics manufactures proprietary designed and build-to-print products for customers around the world that meet today's challenges and is actively engaged in developing and supplying products and capabilities for a low carbon sustainable future.

About Senior

Senior is an international manufacturing group with operations in 13 countries.  It is listed on the main market of the London Stock Exchange (symbol SNR).  Senior designs and manufactures high technology components and systems for the principal original equipment manufacturers in the worldwide aerospace & defence, land vehicle and power & energy markets.  Further information on Senior plc may be found at: www.seniorplc.com  

About Bruce Power

Bruce Power is a Canadian-owned partnership of TC Energy, Ontario Municipal Employees Retirement Systems (OMERS), the Power Workers' Union and The Society of United Professionals.  Established in 2001, Bruce Power is Canada's only private sector nuclear generator, and is the largest operating nuclear power plant in the world by output, annually producing 30 per cent of Ontario's power.

Further information

Gulshen Patel	Director of Investor Relations, Senior plc	[phone]
Richard Webster-Smith	Finsbury Glover Hering	[phone]

 

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