Bruce Power signs 10-year Alliance Agreement with Velan Inc. for Valve supply and related service work

MONTREAL, July 08, 2024 (GLOBE NEWSWIRE) -- Bruce Power has signed a $50-million alliance agreement with Velan Inc. (TSX: VLN) to provide valves and valve support over the next 10 years. As Bruce Power and Velan work collaboratively together on the execution plans and if all options and new projects are firmed, the value of the agreement can reach up to $100M.

Read more at globenewswire.com