AECL (Atomic Energy of Canada Limited) is a federal Crown corporation with a mission to drive nuclear innovation and clean up contaminated sites. Established in 1952, AECL manages and operates Canadian Nuclear Laboratories (CNL) under a Government-owned, Contractor-operated (GoCo) model, in collaboration with Canadian National Energy Alliance (CNEA). Through a competitive procurement process, CNEA was selected by the Government of Canada in June 2015 to manage CNL. AECL's role is to monitor performance under the GoCo arrangement to ensure alignment with government objectives.
Under the GoCo model, AECL leverages its facilities, assets, and intellectual property by engaging the private sector through the CNEA contract. This allows AECL to fulfill its core mandate, which includes delivering on Canada’s radioactive waste and decommissioning responsibilities, providing nuclear expertise to support federal responsibilities, and offering commercial services to users of the nuclear laboratories.
AECL, headquartered in Canada, is currently not publicly disclosing its last investment or investment partners.
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