Montreal: March 3, 2026 – AtkinsRéalis Group Inc. (TSX: ATRL), a world-class engineering services and nuclear company with offices around the world, today announced that its subsidiary Candu Energy Inc. has signed a memorandum of understanding (MOU) with the Türkiye Nuclear Energy Company (TUNAS) to explore opportunities for deploying CANDU® nuclear technology in support of the country’s plans to expand its nuclear program by adding three additional nuclear reactors to its existing fleet.
“The signing of this MOU is a testament to the tremendous progress made with TUNAS over the past year,” said Joe St. Julian, President, Nuclear, AtkinsRéalis. “The global need for cleaner, more affordable, and reliable energy can only be met with nuclear power, and CANDU technology has an outstanding track record across four continents helping governments diversify their energy mix, meet their climate commitments, and strengthen their energy security. Today marks the beginning of ongoing collaboration with the Turkish government, the Government of Canada, and industry partners, which we anticipate will lead to a successful and enduring partnership.”
The agreement provides a framework for the exchange and sharing of relevant technical data, information, experience, know‑how and expertise between Türkiye and AtkinsRéalis. Specifically, the parties will collaborate on the assessment of various CANDU reactor technologies and evaluate their suitability for sites identified by TÜNAŞ. An evaluation of the regulatory and licensing requirements applicable to CANDU technologies in Türkiye will also be undertaken. In addition, the parties will examine potential business models, including financing and structuring options, ownership arrangements, project delivery approaches, an assessment of localization opportunities, as well as workforce development and human capital requirements.
About AtkinsRéalis
Created by the integration of long-standing organizations dating back to 1911, AtkinsRéalis is a world-class engineering services and nuclear company dedicated to engineering a better future for our planet and its people. We create sustainable solutions that connect people, data and technology to transform the world's infrastructure and energy systems. We deploy global capabilities locally to our clients and deliver unique end-to-end services across the whole life cycle of an asset including consulting, advisory & environmental services, intelligent networks & cybersecurity, design & engineering, procurement, project & construction management, operations & maintenance, decommissioning and capital. The breadth and depth of our capabilities are delivered to clients in strategic sectors such as Engineering Services, Nuclear and Capital. News and information are available at www.atkinsrealis.com or follow us on LinkedIn.
About AtkinsRéalis’ Nuclear Business
AtkinsRéalis has over 70 years of global nuclear expertise, delivering nuclear technology products and full-service solutions to nuclear utilities around the world. AtkinsRéalis is the steward of CANDU® nuclear technology, operating on four continents, and provides advisory and engineering services to other nuclear developers. With an innovative technology portfolio, including access to over 500 patented solutions, AtkinsRéalis solves technically complex challenges across the whole nuclear lifecycle from design and new build through asset management and from life extension and late life management through decommissioning and waste management. AtkinsRéalis operates and manages government nuclear research sites, transforming ageing infrastructure and safely managing legacy nuclear waste. AtkinsRéalis’ CANDU technology also allows for the co-production of medical radioisotopes for cancer detection and treatment. The company also supports cancer treatment through its partnership with TerraPower to extract isotopes from legacy nuclear material. Learn more on our Nuclear market page.
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