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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:

Power
Electrical Transmission & Distribution
Services for substations, tower assembly and installation, including high-voltage transmission

Telecommunications
Telecom
 Turnkey fibre installation, legacy network and 5G network expansion

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Renewables / In-Home Services 
 Solar, GeoExchange, battery storage, smart home, hybrid heating and HVAC

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

Green Energy Solutions

We have a strategic focus on clean energy and climate change, and deliver green energy solutions that leverage our in-house design and engineering, trusted industry partnerships, and proven track record to provide a range of services.

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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.

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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.

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Partnering with clients to build a sustainable future

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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:

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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.

View Project
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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.

View Project
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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
Senior Vice President, Utilities
(416) 297 2600
Email