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Aecon reports first quarter 2015 results

Toronto, Ontario – May 11, 2015: Aecon Group Inc. (TSX: ARE) today reported results for the first quarter of 2015 including higher Adjusted EBITDA of $6.5 million as compared to $3.1 million in the first quarter of 2014.

Aecon awarded $109 million contract by North West Redwater Partnership

Edmonton, AB – May 1, 2015: Aecon Group Inc. (TSX:ARE) announced today that it has been awarded a $109 million contract by North West Redwater Partnership (NWR) for additional work related to their Sturgeon Refinery Project in Alberta.

Aecon awarded $110 million in mining contracts

Toronto, ON – April 17, 2015: Aecon Group Inc. (TSX: ARE) announced today that it has been awarded two contracts valued at approximately $110 million for work in Aecon’s Mining segment. 

Aecon awarded $93 million in energy backlog plus $85 million in annual recurring revenue

Toronto, ON – April 14, 2015: Aecon Group Inc. (TSX: ARE) announced today that it has been awarded contracts by five key clients for work in Aecon’s Energy segment in Ontario.  The value of work is approximately $93 million in hard backlog and approximately $85 million in annual recurring revenue.

Aecon and Six Nations form joint venture

Brantford, ON – April 13, 2015: Aecon Group Inc. (TSX: ARE) and the Six Nations Elected Council through its entity Six Nations of the Grand River Development Corporation (Six Nations) are pleased to announce that they have entered into a joint venture agreement.  A signing ceremony was held today to formally celebrate and recognize the completion of the joint venture agreement. 

Aecon announces sale of Innovative Steam Technologies

Toronto, ON – April 13, 2015: Aecon Group Inc. (TSX: ARE) announced today that it has completed the sale of its wholly-owned subsidiary Innovative Steam Technologies (IST) to Fulcrum Capital Partners.  Gross cash proceeds of the sale will be approximately $35 million, with additional proceeds over the following two years contingent on IST achieving certain earn-out conditions based on performance.

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