Scroll
Skip to main content

News

News Release

Aecon joint venture awarded $69 million tunnel project in York Region

Sep 19, 2006
Aecon Group Inc. announced today that a joint venture in which it is a partner has been awarded a $69.2 million contract to construct a trunk sewer tunnel by the Regional Municipality of York.

News Release

Aecon Reports 2nd Quarter Results

Aug 9, 2006
Aecon Group Inc. today reported its results for the second quarter and first six months of 2006.

News Release

Aecon awarded $16 million contract for bridge construction on QEW

Jul 12, 2006
Aecon Group Inc. announced today that it has been awarded a $16.1 million contract for work on the Queen Elizabeth Way (QEW) at 16 Mile Creek, from the Ontario Ministry of Transportation.

News Release

Quito Airport project reaches financial close

Jun 29, 2006
Aecon Group Inc. today announced that Aecon and its partners have achieved financial close of the Quito International Airport project, and that project lenders have advanced the first tranche of financing.

News Release

Aecon awarded $39 million in two contracts to widen Highway 401 near London

Jun 27, 2006
Aecon Group Inc. announced today that its Construction and Materials division has been awarded two contracts totaling $39.4 million by the Ontario Ministry of Transportation to widen Highway 401 in the London area, and to install and upgrade electrical utilities.

News Release

Aecon joint venture awarded $54 million contract for new alignment of Highway 11 at Burk's Falls

Jun 23, 2006
Aecon Group Inc. announced today that it has secured a $54.0 million contract from the Ontario Ministry of Transportation to construct a portion of Highway 11 at Burk's Falls, in a 50/50 joint venture with Leo Alarie and Sons Ltd.

News Release

Aecon reports improved operating results

May 15, 2006
Aecon Group Inc. today reported improved margins and operating results in the first quarter of 2006 compared to the same quarter last year.

News Release

Aecon awarded $36 million design-build contract by GO Transit

May 4, 2006
Aecon Group Inc. today announced that its Construction and Materials division has been awarded a $36.5 million contract by GO Transit to design and build a rail-to-rail grade separation in Markham, Ontario.

News Release

Aecon awarded $41 million contract for widening of Hwy 401

Apr 25, 2006
Aecon Group Inc. today announced that its Construction and Materials division has been awarded a $40.8 million contract to widen an 11 km stretch of Highway 401 and conduct bridge maintenance work on three overpasses near Woodstock, Ontario.

News Release

Aecon announces exercise of over-allotment option

Apr 18, 2006
Aecon Group Inc. announced today that the over-allotment option granted to the underwriters in connection with the company's previously announced public offering of common shares was exercised in respect of 180,000 shares.

News Release

Aecon awarded $37 million contract to widen 407 ETR

Apr 12, 2006
Aecon Group Inc. today announced that its Construction and Materials division has been awarded a $37.5 million contract to widen Highway 407 ETR north of Toronto between Highway 427 and Highway 404.

News Release

Aecon completes $28.1 million equity financing

Mar 17, 2006
Aecon Group Inc. announced today that it has completed the previously announced issuance of 4,500,000 common shares at a price of $6.25 per common share for aggregate proceeds of $28,125,000.

News Release

Hochtief converts remaining convertible debt to equity in Aecon

Mar 16, 2006
Aecon Group Inc. today announced that Hochtief Canada Inc., a wholly owned subsidiary of Hochtief AG of Essen, Germany, has exercised its option to convert approximately $7.7 million of convertible debt to Aecon common shares at a conversion price of $3.60 per share.

News Release

Aecon reports improved results for 2005 Q4

Mar 8, 2006
Aecon Group Inc. today reported improved operating results for 2005 as compared to last year.

News Release

Aecon Announces Issuance of Common Shares

Feb 27, 2006
Aecon Group Inc. announced today that it has entered into an agreement to issue 4,500,000 common shares on a bought deal basis to a syndicate of underwriters led by...

News Release

IST completes sale of two units in New York

Feb 24, 2006
Aecon Group Inc. today announced that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has been awarded a contract by the Riverbay Corporation to supply two Once Through Steam Generators (OTSGs) for a power plant project in Bronx, New York.

News Release

Quito Airport concession takes effect

Jan 31, 2006
Aecon Group Inc. today announced that the Quito Airport concession, in which Aecon holds a 45.5% economic interest, is in full effect and the airport is now being run to the financial benefit of the concessionaire.

News Release

Agreement signed for US$180 million extension of the Cross Israel Highway

Jan 18, 2006
Aecon Group Inc. today announced that Derech Eretz Highways Ltd. (DEC), the company owning concession rights for the Cross Israel Highway, has signed an agreement with the state of Israel giving DEC the concession rights for a 17 km extension of the highway in northern Israel.

News Release

Aecon joint venture awarded $200 million nuclear refurbishment contract

Jan 10, 2006
Aecon Group Inc. announced today that a joint venture in which its Industrial division is a 50% partner has secured a $204 million contract at Bruce Power's 'Bruce A' generating station.

News Release

IST completes sale of three units in Puerto Rico

Dec 12, 2005
Aecon Group Inc. today announced that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has been awarded a contract by the Puerto Rico Electric Power Authority totaling $9.75 million.

News Release

Aecon reports improved results from continuing operations

Nov 5, 2005
Aecon Group Inc. today reported improved operating results from continuing operations in the third quarter and first nine months of 2005 compared to the same periods last year.

News Release

Aecon Buildings awarded projects with a total construction value of $50 million

Nov 3, 2005
Aecon Group Inc. (TSX: ARE) today announced several new projects awarded to its Buildings Division in Ottawa, Montreal, Halifax and Seattle worth approximately $50 million Cdn.

News Release

IST to build once-through-steam-generator in South Africa

Nov 1, 2005
Aecon Group Inc. today announced that its wholly-owned subsidiary Innovative Steam Technologies (IST) was awarded a contract in July 2005 to design and fabricate a once-through-steam-generator (OTSG) for South Africa's first combined-cycle cogeneration project.

News Release

Aecon Awarded $60 Million Contract for Work on QEW in Ontario

Oct 5, 2005
Aecon Group Inc. today announced that its Aecon Civil and Utilities division has been awarded a $59.8 million contract by the Ministry of Transportation of Ontario ("MTO") for work on the Queen Elizabeth Way ("QEW") in the Hamilton area.