Utilities

Delivering diverse utility infrastructure

Aecon Utilities is a large and diverse utility infrastructure provider in Canada with a growing U.S. presence. With a focus on the energy transition and a strategic investment by Oaktree Capital Management (Oaktree) Power Opportunities group, Aecon Utilities is positioned to accelerate growth across key end markets:

Turnkey fibre installation, legacy network and 5G network expansion.

Natural gas gathering systems, distribution services maintenance, facilities construction and water distribution.

Distribution infrastructure including overhead and underground electrical installations, conversions, and maintenance.
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Explore Pacific Electrical Installations

Services for substations, tower assembly and installation, including high-voltage transmission.
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GeoExchange

Aecon has over 20 years of experience building district energy, geoexchange and solar projects across North America and has developed strong alliance partnerships with renewable energy utility providers.

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Unlocking growth opportunities

Our value-add partnership with Oaktree strengthens Aecon's consolidated balance sheet — providing a flexible standalone capital structure and strategic platform for Aecon Utilities to harness industry growth opportunities in North America amid the ongoing energy transition.

OakTree Logo

Oaktree is a leader among global investment managers specializing in alternative investments. Oaktree's 27.5% ownership interest in Aecon Utilities by way of a $150 million convertible preferred equity investment represented a $750 million enterprise value at the time of the transaction.

Partnering with clients to build a sustainable future

Aecon Utilities has a long history working with key clients including Enbridge, Bell and Union Gas (just to name a few) and has master service agreements for years to come.

With our own in-house engineering team - Aecon utility Engineering (AUE) - we are primed to support construction and provide value-added quality management assurance programs to our clients.

U.S. Utilities

Aecon is a large and diverse utility infrastructure provider with a growing portfolio of work in the U.S. driven by significant energy transition opportunities.

Explore U.S. Utilities

Related projects:

Bell Canada Gigabit Fibe Service

Canada

With Aecon’s help, Bell has been deploying gigabit fibe service quickly and efficiently, while revolutionizing the way that internet access is delivered to customers' homes. Aecon is no stranger to working with Bell Canada.

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Oneida Energy Storage

The project is the largest of its kind in Canada and amongst the largest in the world. It will deliver a 250 megawatt / 1,000 megawatt-hour energy storage facility – ensuring the supply of clean, reliable electricity capacity for Ontario while reducing greenhouse gas emissions by 4.1 million tonnes – the equivalent of taking 40,000 cars off the road every year.

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View of transmission pylons in the sunset

Chatham to Lakeshore Transmission Line

Southwestern Ontario

Aecon is building a new double-circuit 230-kilovolt transmission line from Hydro One’s Chatham Switching Station to the Lakeshore Switching Station.

View Project

Contact

Eric MacDonald
Executive Vice President, Utilities
(416) 297 2600
Email