MONTREAL, Aug. 20,
2024 /CNW/ - AtkinsRéalis Group Inc. (TSX: ATRL), a
world-class engineering services and nuclear company with offices
around the world, was chosen by the Province of British Columbia (B.C.) to deliver the Systems
and Trackwork for the Surrey Langley SkyTrain (SLS) project in
Canada. This project will be
delivered alongside Western Pacific Enterprises Ltd under the
Transit Integrators BC Joint Venture.
The SLS will extend the existing Expo Line by 16 km of elevated
track, primarily along Fraser Highway, from King George Station in Surrey to 203 Street in the City of Langley, and will include eight
stations and three transit exchanges. As the first rapid
transit extension south of the Fraser River in 30 years, the SLS
aims to accommodate the rapid population growth and increased
demand for transit services in the region.
"This important government contract is crucial to supporting
British Columbia's economic growth
and will play a major role in enhancing transportation connectivity
and accessibility in the region, as well as providing a sustainable
and efficient transportation solution for its communities," said
Ian L. Edwards, President and Chief
Executive Officer of AtkinsRéalis. "We remain committed to
delivering cutting-edge solutions for world-class transportation
systems."
"The project win is a testament to our global transportation
expertise, combined with our impressive track record of
successfully delivering transit infrastructure development projects
in Metro Vancouver and across Canada," said Stéphanie Vaillancourt,
President, Canada at AtkinsRéalis.
"We look forward to working collaboratively with our client and our
joint venture partner on a priority project for British Columbia, while deepening mutually
beneficial client relationships and expanding our foothold in
Western Canada."
The scope of the SLS Systems and Trackwork Contract to be
delivered by AtkinsRéalis and its joint venture partner includes
the design and installation of the trackwork, power rail and linear
induction motor (LIM) rail system, communications, automated train
control, and power propulsion equipment.
AtkinsRéalis has successfully delivered the Millennium Line and
Evergreen Extension in Metro Vancouver as well as the Canada Line
in Vancouver/Richmond.
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.
Forward-Looking Statements
References in this press release to the "Company",
"AtkinsRéalis", "we", us" and "our" mean, as the
context may require, AtkinsRéalis Group Inc. or
all or some of its subsidiaries or joint arrangements or
associates. Statements made in this press release that describe the
Company's expectations or strategies constitute "forward-looking
statements", which can be identified by the use of the conditional
or forward-looking terminology such as "estimates", "expects",
"forecasts", "intends", "may", "objective", "plans", "projects",
"should", "will", "likely", or other variations thereon.
Forward-looking statements also include any other statements that
do not refer to historical facts. The Company cautions that,
by their nature, forward-looking statements involve risks and
uncertainties, and that its actual actions or results could differ
materially from those expressed or implied in such forward-looking
statements. Forward-looking statements are presented for the
purpose of assisting investors and others in understanding certain
key elements of the Company's current objectives, strategic
priorities, expectations and plans, and in obtaining a better
understanding of the Company's business and anticipated operating
environment. Readers are cautioned that such information may not be
appropriate for other purposes. Forward-looking statements made in
this press release are based on a number of assumptions believed by
the Company to be reasonable as at the date hereof. The assumptions
are set out throughout the Company's 2023 annual management
disclosure & analysis ("MD&A") (particularly in the
sections entitled "Critical Accounting Judgments and Key Sources of
Estimation Uncertainty" and "How We Analyze and Report our
Results") filed with the securities regulatory authorities in
Canada, available on SEDAR+ at
www.sedarplus.com and on the Company's website at
www.atkinsrealis.com under the "Investors" section. If these
assumptions are inaccurate, the Company's actual results could
differ materially from those expressed or implied in such
forward-looking statements. In addition, important risk factors
could cause the Company's assumptions and estimates to be
inaccurate and actual results or events to differ materially from
those expressed in or implied by these forward-looking statements.
Those risks are identified in the Company's 2023 annual MD&A
(particularly in the sections entitled "Risk and Un
certainties"), as updated in the first and second
quarters 2024 MD&A, are not exhaustive. The forward-looking
statements herein reflect the Company's expectations as at
the date of this press release and are subject to change after this
date. The Company does not undertake to update publicly or to
revise any such forward-looking statements whether as a result of
new information, future events or otherwise, unless required by
applicable legislation or regulation. The
forward-looking information and statements contained herein are
expressly qualified in their entirety by this cautionary
statement.
SOURCE AtkinsRéalis