Shaw forms nuclear plant teaming agreement

Shaw, an engineering, procurement and construction company, along with technology group Toshiba and energy company Exelon Nuclear Partners, has announced a teaming agreement to pursue opportunities to design, engineer, construct and operate new nuclear-electric generating plants in Saudi Arabia.

Under the terms of the agreement, the group would jointly pursue services for the plants using Toshiba’s Advanced Boiling Water Reactor (ABWR) technology and Westinghouse AP1000 passively cooled nuclear technology.

Toshiba and Shaw would provide design, engineering, procurement and construction, while Exelon would provide operations and related services for the projects.