About SNC-Lavalin Group

SNC-Lavalin Group Inc. operates as an integrated professional services and project management company. The company connects people, technology and data to help shape and deliver world-leading concepts and projects, while offering comprehensive innovative solutions across the asset lifecycle. Segments The company operates through Engineering, Design and Project Management (EDPM); Nuclear; Infrastructure Services; Resources; Infrastructure EPC (Engineering, Procurement and Construction) Projects; and Capital segments. EDPM This segment incorporates all consultancy, engineering, design and project management services worldwide. It also leads the company’s efforts to transform the global infrastructure sector by leveraging data and technology to improve the delivery of its clients’ projects from conception through to eventual operation. EDPM projects are mainly in transportation (including rail, mass transit, roads and airports), civil infrastructure, aerospace, defense, and security and technology, including some of the world’s most transformational projects. A significant portion of EDPM’s revenues is derived from the public sector, including national, provincial, state and local, and municipal authorities. Nuclear This segment supports clients across the entire nuclear life cycle with the full spectrum of services from consultancy, EPCM services, field services, technology services, spare parts, reactor support and decommissioning and waste management. As stewards of the CANDU technology, it also provides new-build and full refurbishment services of CANDU reactors. Infrastructure Services This segment includes operation and maintenance (O&M) projects, as well as the company’s repetitive EPC offerings that are lower-risk, standardized solutions for district cooling plants; and power substations executed through its Linxon (Linxon Pvt Ltd) subsidiary. This segment also includes engineering solutions in hydro, transmission and distribution, renewables, energy storage, and intelligent networks and cybersecurity. Resources This segment provides a full suite of delivery services primarily to the mining and metallurgy sector, covering the project lifecycle from project development through project delivery and support services. Resources focuses on providing engineering, EPCM, project management consultancy (PMC), commissioning, and technical support services through a lower risk contracting model and operational delivery that focuses on key regions and global clients. Resources also includes the operating phase of a Build-Own-Operate (BOO) contract in the United States. Infrastructure EPC Projects Segment This segment includes LSTK (lump-sum turnkey construction) construction contracts related to mass transit, heavy rail, roads, bridges, airports, ports and harbours, and water infrastructure. In addition, Infrastructure EPC Projects includes the LSTK construction contracts related to the former Clean Power segment, as well as from thermal power activities, which the company exited in 2018. In 2019, the company decided to cease bidding on new LSTK construction contracts. Capital This segment includes the company’s investment, financing and asset management arm, responsible for developing projects, arranging financing, investing equity, undertaking complex financial modeling and managing its infrastructure investments for optimal returns. Its activities are principally concentrated in infrastructure, such as bridges, highways, mass transit systems, power facilities, energy infrastructure, water treatment plants, and social infrastructure (e.g. hospitals). The Capital segment also includes the company’s 20% ownership interest in and management of SNC-Lavalin Infrastructure Partners LP. Capital is involved in public-private partnerships. These arrangements allow for the transfer to the private sector of many of the risks associated with designing, building, operating, maintaining and financing such assets. History SNC-Lavalin Group Inc. was founded in 1911. The company was incorporated in 1967.