A growing order book for large-scale equipment from worldwide clients in the oil & gas, power generation and metal finishing/refining industries spurred the expansion.
The Oakville, Ont.-based firm buys a 109.5-megawatt wind-powered generating station for $148.9 million.
After landing stakes in electricity projects, role in mining industry uncertain amid Inmet merger talks
Pratt & Whitney Power Systems (PWPS) sells aero-derivative engines for industrial applications and has approximately 430 employees.
The Chaudière Falls site is one of the largest remaining hydroelectric sites available in Ontario
TransAlta took unit 3 of the Sundance facility out of service in May 2010 due to the mechanical failure of critical generator components.
State legislators say the 1,000 megawatt power line from Quebec would damage New York’s power industry and cost local jobs
The new company carries 47,000 megawatts (MW) of power-generation assets a combined enterprise value of $18 billion.
The company says its reactors have the ability to run 100 per cent MOX fuel with no loss in electricity production.
Generators will begin shipment in the third quarter of 2012