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Aecon to sell interest in Quito International Airport concession

Jun 8, 2015
Aecon Group Inc. announced today that it has signed agreements with Grupo Odinsa S.A. and CCR S.A. to sell its 45.5 per cent interest in the Quito International Airport concessionaire, Corporaciσn Quiport S.A.(Quiport), for US$232.6 million.

News Release

Aecon reports first quarter 2015 results

May 11, 2015
Aecon Group Inc. 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.

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Aecon awarded $109 million contract by North West Redwater Partnership

May 1, 2015
Aecon Group Inc. 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

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Aecon awarded $110 million in mining contracts

Apr 17, 2015
Aecon Group Inc. announced today that it has been awarded two contracts valued at approximately $110 million for work in Aecon’s Mining segment.

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

Apr 14, 2015
Aecon Group Inc. 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.

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Aecon and Six Nations form joint venture

Apr 13, 2015
Aecon Group Inc. 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.

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Aecon announces sale of Innovative Steam Technologies

Apr 13, 2015
Aecon Group Inc. announced today that it has completed the sale of its wholly-owned subsidiary Innovative Steam Technologies (IST) to Fulcrum Capital Partners.

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Aecon reports year-end 2014 results – Increases dividend

Mar 5, 2015
Aecon Group Inc. today reported results for the fourth quarter and full year 2014, including backlog of $2.7 billion – a 50 per cent increase over backlog of $1.8 billion at the end of 2013.

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Aecon announces closing of the over-allotment option associated with its recently completed public offering of convertible debentures

Dec 2, 2014
Aecon Group Inc. (“Aecon” or the “Company”) today announced that it has successfully closed the issuance of an additional...

News Release

Aecon reports third quarter 2014 results

Nov 10, 2014
Aecon Group Inc. today reported results for the third quarter of 2014, including backlog of $2.7 billion at the end of the third quarter, an increase of 28 per cent compared to the end of the same period in 2013.

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Aecon reports second quarter 2014 results and backlog of $2.7 billion

Nov 8, 2014
Aecon Group Inc. today reported results for the second quarter of 2014.

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Aecon awarded approximately $275 million in mining and energy contracts

Oct 21, 2014
Aecon Group Inc. announced today that it has been awarded approximately $275 million in mining and energy contracts for K+S Potash Canada for work on their Legacy mining project in Saskatchewan, and for North West Redwater (NWR) Partnership for work on the NWR Sturgeon Refinery project in Alberta.

News Release

Aecon hosts inaugural Safety Week

Oct 8, 2014
For the past nine years Aecon has celebrated Safety Day at every office location and project site across Canada. In honour of its 10th anniversary and in recognition of the company’s ongoing commitment to safety and “Safety First” core value, Aecon hosted its inaugural Safety Week from Monday, September 29 to Friday, October 3.

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Aecon identifies Infrastructure award as $156 million MTO project for Highway 410

Sep 9, 2014
Aecon Group Inc. announced today that it has been awarded a $156 million contract by the Ontario Ministry of Transportation (MTO) to widen Highway 410 in Peel Region. To be booked in the third quarter as backlog, Aecon previously announced this Infrastructure contract in its second quarter results release.

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Grand opening of first Remote Training Centre celebrated in Neskantaga

Aug 19, 2014
The grand opening of the Neskantaga Training Centre was celebrated today in Neskantaga Territory, Ontario, showcasing the new innovative facility and collaboration technology which delivers training directly to the remote community.

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Aecon awarded mining project for Fort Hills oil sands project

Jun 23, 2014
Aecon Group Inc. announced today that it has been awarded a mining contract with an estimated value of $123 million by Fort Hills Energy L.P. for mining site development at the Fort Hills oil sands project in Alberta.

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Aecon awarded $100 million in key mining contracts

Jun 11, 2014
Aecon Group Inc. announced today that it has been awarded approximately $100 million in key mining contracts, to be booked in the second quarter of 2014.

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Aecon holds 2014 Annual General Meeting – Teri McKibbon appointed CEO and John M. Beck becomes Executive Chairman

Jun 11, 2014
Aecon Group Inc. held its Annual General Meeting today in Edmonton, Alberta. As previously announced, at the Board of Directors’ meeting, Teri McKibbon was appointed as the Company’s President and Chief Executive Officer and John M. Beck assumed the role of Executive Chairman.

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Financial close achieved on Waterloo Region Light Rail Transit project

May 9, 2014
Aecon Group Inc. advised today that the GrandLinq consortium and the Region of Waterloo have achieved financial close on the previously disclosed ION Stage 1 Light Rail Transit (LRT) project. The GrandLinq consortium is comprised of: Plenary Group, Meridiam, Aecon, Kiewit and Keolis.

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Aecon’s New Quito International Airport wins an “Oscar of the travel industry”

May 9, 2014
Aecon’s New Quito International Airport was named the “Leading Airport in South America” by World Travel Awards at a recent awards ceremony in Quito, Ecuador.

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Aecon reports first quarter 2014 results

May 7, 2014
Aecon Group Inc. today reported results for the first quarter 2014 including higher Adjusted EBITDA of $3.1 million as compared to an Adjusted EBITDA loss of $11.3 million in the first quarter of 2013, and backlog of $2.2 billion at March 31, 2014, as compared to $1.8 billion at December 31, 2013.

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Aecon joint venture announced for York Viva Bus Rapid Transit project

Apr 22, 2014
Aecon Group Inc. advised today that the Region of York has announced that York RapidLINK Constructors, a 50/50 joint venture comprised of Aecon and Dufferin Construction Company, a division of Holcim (Canada) Inc., has been chosen for a $261 million project to design and build the York Viva Bus Rapid Transit (vivaNext) rapidways along Yonge Street in the Towns of Richmond Hill and Newmarket.

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Aecon wins the CCA’s International Business Award for Quito Airport Project

Mar 17, 2014
The Canadian Construction Association (CCA) has awarded Aecon the International Business Award for its role in achieving completion of the Quito International Airport project in Ecuador.