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GLOSSARY
CANDU Energy definition
Published by a LexisNexis Energy expert
What does CANDU Energy mean?
candu Energy Inc. is a Canadian wholly owned subsidiary of Montrealbased SNC-Lavalin Inc., specializing in the design and supply of nuclear reactors, as well as nuclear reactor products and services. Candu Energy Inc. was created in 2011 when parent company SNC-Lavalin purchased the commercial reactor division of Atomic Energy of Canada Limited (AECL), along with the development and marketing rights to CANDU reactor technology.
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