Bruce Power and Siemens Energy have extended their long-term Master Service Agreement (MSA), reinforcing a strategic partnership dedicated to ensuring the reliable supply of safe, low-carbon electricity to Ontario for decades to come.
This agreement enhances a performance-based, co-operative alliance that capitalizes on Siemens Energy’s global expertise in turbine and generator technology, inspections, and maintenance. The partnership is designed to drive operational efficiency, provide long-term cost certainty, and optimize resource capacity. Additionally, Siemens Energy will continue to support Bruce Power’s 30-Day Outage Plan and its Life-Extension Program.
“This extended Master Service Agreement strengthens our longstanding collaboration with Siemens Energy, enabling us to enhance efficiency, reliability, and innovation,” said David Furr, Vice-President, Supply Chain, Bruce Power. “By integrating Siemens Energy’s advanced expertise in nuclear technology and engineering, we are reinforcing our commitment to operational excellence and further solidifying Ontario’s leadership in nuclear energy and clean power generation.”
Bruce Power and Siemens Energy share a commitment to maintaining the highest standards of operational performance while delivering sustainable, secure, and resilient energy solutions. This agreement not only strengthens industry benchmarks but also fosters future collaboration and technological innovation that will shape the global energy landscape.
“We are proud to expand our partnership with Bruce Power through this transformative strategic alliance, reaffirming our shared commitment to advancing nuclear energy as a cornerstone of a low-carbon future,” said Chris Ferraro, Vice-President, Nuclear Sales North America, Siemens Energy. “Through our expertise in nuclear technology, lifecycle planning, and advanced maintenance solutions, we are driving greater efficiency, reliability, and innovation within Canada’s clean energy sector. This collaboration underscores our joint dedication to accelerating decarbonization while ensuring a stable and sustainable power supply for future generations.”
Bruce Power’s Life-Extension Program represents Ontario’s largest clean-energy initiative and remains one of Canada’s most significant private-sector infrastructure investments. Generating between $9 billion and $12 billion in direct and indirect economic activity annually, the program supports thousands of jobs and drives economic growth, strengthening Canada’s position as a global leader in nuclear energy.
About Bruce Power
Bruce Power is an electricity company based in Bruce County, Saugeen Ojibway Nation Territory, Ontario. We are powered by our people. Our 4,200 employees are the foundation of our accomplishments and are proud of the role they play in safely delivering clean, reliable nuclear power to families and businesses across the province and cancer-fighting medical isotopes around the world. Bruce Power has worked hard to build strong roots in Ontario and is committed to protecting the environment and supporting the communities in which we live. Formed in 2001, Bruce Power is a Canadian-owned partnership of TC Energy, OMERS, the Power Workers’ Union and The Society of United Professionals. Learn more at www.brucepower.com and follow us on Facebook, Twitter, LinkedIn, Instagram and YouTube.
About Siemens Energy
Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain – from power and heat generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. Its wind power subsidiary Siemens Gamesa makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs around 100,000 people worldwide in more than 90 countries and generated revenue of €34.5 billion in fiscal year 2024.
