Skip to main content

Aecon awarded two energy contracts by Ontario Power Generation

May 27, 2016
Aecon Group Inc. announced today that an Aecon joint venture (JV) has been awarded two nuclear energy contracts by Ontario Power Generation (OPG) valued at $223 million for Aecon’s share.

Aecon reports 2015 results including record year-end backlog of $3.3 billion and increase in annual dividend

Mar 1, 2016
Aecon Group Inc. today reported results for the fourth quarter and full year 2015, concluding a year that saw progress on revenue and margin performance, successful completion of the sale of Aecon’s interest in the Quito airport, and record year-end backlog of $3.3 billion as at December 31, 2015. Aecon’s Board of Directors approved an increase in the annual dividend to 46 cents per share from 40 cents per share.

Aecon’s statement on the passing of Paul Koenderman

Feb 1, 2016
It is with heavy hearts that we share news of the sudden passing of our esteemed friend and colleague, Paul Koenderman, following a tragic car accident last week.

Aecon joint venture awarded $2.75 billion contract for the execution phase of the Darlington nuclear refurbishment project

Jan 11, 2016
Aecon Group Inc. announced today that Ontario Power Generation (OPG) has awarded a 50/50 joint venture (JV) between Aecon and SNC-Lavalin Nuclear Inc. a $2.75 billion contract to carry out the execution phase of its Re-tube and Feeder Replacement project for the Darlington Nuclear Generating Station Refurbishment Program.

Aecon completes sale of interest in Quito International Airport concession

Dec 10, 2015
Aecon Group Inc. announced today that it has completed the previously disclosed sale of its 45.5 per cent interest in the Quito International Airport concessionaire, Corporaciσn Quiport S.A. (Quiport), for US$232.6 million to Grupo Odinsa S.A. and CCR S.A.

News Release

Aecon reports third quarter 2015 results including record backlog of $3.4 billion

Nov 11, 2015
Aecon Group Inc. today reported results for the third quarter of 2015 including progress on revenue and margin performance, and record backlog of $3.4 billion as at September 30, 2015.

News Release

Aecon JV awarded $146 million power contract

Sep 9, 2015
Aecon Group Inc. announced today that an Aecon joint venture has been awarded a $146 million power contract in Ontario.

News Release

Aecon reports revenue and profit growth in the second quarter of 2015

Aug 10, 2015
Aecon Group Inc. today reported results for the second quarter of 2015 including a revenue increase of 13 per cent over the second quarter of last year and higher Adjusted EBITDA of $29.9 million as compared to $13.9 million in the same period of 2014.

News Release

Aecon consortium reaches financial close on Eglinton Crosstown Light Rail Transit project

Jul 24, 2015
Aecon Group Inc. announced today that Crosslinx Transit Solutions (“Crosslinx”) has reached commercial and financial close on the previously disclosed Eglinton Crosstown Light Rail Transit (LRT) project in Toronto.

News Release

Aecon announces results of vote for the election of directors

Jun 10, 2015
Aecon Group Inc. announced today that the nominees listed in the management proxy circular dated May 12, 2015 were elected as directors of Aecon Group Inc., to hold office until the next annual meeting of shareholders or until their successors are appointed.

News Release

Aecon consortium selected as preferred proponent for the Eglinton Crosstown Light Rail Transit project

Jun 9, 2015
Aecon Group Inc. announced today that Crosslinx Transit Solutions (“Crosslinx”) has been selected by Metrolinx and Infrastructure Ontario as the preferred proponent for the development of the Eglinton Crosstown Light Rail Transit project in Toronto.

News Release

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.

News Release

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

News Release

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.

News Release

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.

News Release

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.

News Release

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.

News Release

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.

News Release

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.

News Release

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.

News Release

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.