BWX Technologies’ microreactor chosen for New Brunswick transportable nuclear plant
BWX Technologies announced that its BANR microreactor design will be used in a transportable nuclear power plant in Belledune, New Brunswick. The project, led by Prodigy Clean Energy together with the Pabineau and Eel River Bar First Nations, targets up to 50 MW of electricity and is slated for early‑2030s operation. BWXT will fabricate the two reactor units at its Ontario facilities, with support from its subsidiary Kinectrics. The provincial government has signed a Letter of Intent to purchase the plant’s electricity.
Why it matters
The selection gives BWXT an entry point into Canada’s emerging modular nuclear market, potentially expanding its revenue base. The Ontario supply‑chain involvement may boost domestic job creation and strengthen the company’s position for future transportable reactor contracts worldwide.
Key facts
- 1BWXT shares rose 8% after the announcement. investing.com
- 2The Belledune project aims to deliver up to 50 MW of electricity by the early 2030s. investing.com
- 3Each BANR unit produces 22 MWe and 75 MWt using high‑assay low‑enriched uranium in TRISO fuel. finance.biggo.com
- 4Two BANR units will be fabricated primarily at BWXT’s Ontario facilities with Kinectrics support. investing.com
- 5The Government of New Brunswick signed a Letter of Intent to offtake the plant’s power. investing.com
- 6Ontario Energy Minister Stephen Lecce highlighted the project’s job‑creation benefits. finance.biggo.com
Summary written by AlphAI from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.