SNC-Lavalin gets renewed airport contract for operations, maintenance for GTAA

MONTREAL – The Greater Toronto Airports Authority renewed a five-year operations and maintenance contract with SNC-Lavalin on Tuesday for a co-generation and central utilities plant that produces power for Pearson International Airport.

The value of the contract wasn’t made public by SNC-Lavalin (TSX:SNC).

The Montreal engineering and construction company has operated the power plant since it completed the design and construction in 2005.

The plant was built after the blackout in 2003 and allows Canada’s largest airport to operate independently of the local power grid.

The blackout plunged parts of Canada and northeastern U.S. into darkness and affected more than 50 million people.