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News Release

Aecon to redeem 8.25% Debentures due March 17, 2010

Feb 15, 2008
Aecon Group Inc. announced today that it intends to redeem, in accordance with their terms, all of its 8.25% subordinated convertible debentures due March 17, 2010 (the “2010 Debentures”).

News Release

IST secures two contracts totaling $17 million

Dec 21, 2007
Aecon Group Inc. announced today that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has been awarded two contracts totaling $17 million to design and supply an emissions control system and four Once Through Steam Generator (OTSG) units.

News Release

Aecon Completes Alarie Acquisition

Dec 20, 2007
Aecon Group Inc. today announced that it has completed the previously disclosed purchase of the assets of Leo Alarie and Sons Limited (“LAS”), one of the largest construction companies in northern Ontario.

News Release

IST awarded $16 million contract in Bolivia

Dec 11, 2007
Aecon Group Inc. today announced that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has been awarded a contract valued at $16 million to supply its...

News Release

Aecon Industrial awarded $116 million cogeneration project

Nov 2, 2007
Aecon Group Inc. today announced that its Industrial Group has been awarded two contracts totaling $116 million by East Windsor Cogeneration LP.

News Release

Aecon resumes dividends

Oct 29, 2007
Aecon Group Inc. today announced that its board of directors has approved a policy to commence semi-annual dividend payments in the amount of $0.07 per share ($0.14 annually) to holders of Aecon Common Shares.

News Release

Rouge Valley project reaches $64 million financial close

Oct 4, 2007
Aecon Group Inc. announced today that its Buildings Division has reached financial close of the $63.9 million Phase I Rouge Valley Health System project and is set to start construction immediately.

News Release

Aecon to redeem 8.25% Debentures

Oct 2, 2007
Aecon Group Inc. announced today that it intends to redeem, in accordance with their terms, all of its 8.25% subordinated convertible debentures due November 2, 2009 (the “2009 Debentures”).

News Release

Aecon awarded $100 million contract to build TEDCO’s Corus Entertainment Office Building

Sep 27, 2007
Aecon Group Inc. announced today that its Buildings Division has secured a contract with an estimated value of $100 million from the Toronto Economic Development Corporation (TEDCO) to build TEDCO’s Corus Entertainment office building and broadcast centre located on Toronto’s waterfront.

News Release

Aecon Buildings awarded contract for redevelopment of the Rouge Valley Health System

Sep 4, 2007
Aecon Group Inc. announced today that its Buildings Division has been selected by the Rouge Valley Health System and Infrastructure Ontario as the preferred bidder, and has completed commercial close, for the Phase 1 redevelopment of the Rouge Valley Health System in Ajax.

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Aecon awarded $89 million contract for QEW widening and bridge reconstruction

Aug 14, 2007
Aecon Group Inc. announced today that it has been awarded an $88.7 million contract by the Ontario Ministry of Transportation (MTO) for work on the Queen Elizabeth Way (QEW) in Oakville between Burloak Drive and Third Line. It is the second largest contract MTO has ever awarded, and the largest MTO contract Aecon has received.

News Release

Aecon reports record second quarter and first half earnings

Aug 7, 2007
Aecon Group Inc. today reported improved operating results for the second quarter of 2007 as revenues, margins, operating profit and net income all improved over those reported a year earlier.

News Release

IST signs cooperation agreement with Macchi of Italy

Jul 18, 2007
Aecon Group Inc. today announced that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has formed a cooperation agreement with Macchi, a division of Sofinter S.p.a., to offer the combined services of both companies to the North American, European and Middle Eastern markets.

News Release

Aecon Recognized in US with Buildings Industry Awards

Jul 11, 2007
Aecon Group Inc. today announced that its Seattle-based US Buildings division has been recognized by the Washington State Chapter of the Associated General Contractors of America (AGC) with a number of awards of excellence.

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Aecon awarded contract from Bell Canada

Jul 3, 2007
Aecon Group Inc. announced today that its Buildings Division has been awarded the construction management contract for a new five-story corporate office building for Bell at its existing Creekbank campus in Mississauga.

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Aecon's Karson Group Awarded $56 Million Contract for Construction on Highway 417

Jun 27, 2007
Aecon Group Inc. announced today that The Karson Group has been awarded a $56 million contract for work on Highway 417 in Ottawa, from the Ontario Ministry of Transportation (MTO).

News Release

$210 million extension of the Cross Israel Highway reaches closing

Jun 26, 2007
Aecon Group Inc. today announced that Derech Eretz Highways Ltd. (DEC), the company owning concession rights for the Cross Israel Highway, has achieved financial close on an 18km northern extension of the highway.

News Release

IST secures $15 million contract in Hawaii

Jun 21, 2007
Aecon Group Inc. announced today that its wholly-owned subsidiary, Innovative Steam Technologies (IST), has been awarded a contract to supply two Once-Through Steam Generator (OTSG) units in Kailua-Kona, Hawaii. The contract is valued at approximately $15 million CAD.

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Aecon awarded second bridge contract on Calgary's Stoney Trail

Jun 14, 2007
Aecon Group Inc. announced today that it has been awarded a heavy civil contract on the ring road being constructed in Calgary.

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Aecon secures a large module contract for oilsands

May 30, 2007
Aecon Group Inc. announced today that its Industrial Western Canada division has secured a large module contract for an oilsands project in Alberta.

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Aecon announces approval of new credit facility

May 29, 2007
Aecon Group Inc. announced today that it has completed the due diligence process and obtained all required approvals for a new three-year credit facility that will replace a number of existing credit facilities.

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Two Aecon divisions join forces to secure $60 million in oilsands contracts

May 24, 2007
Aecon Group Inc. announced today that its Industrial Western Canada Division and its Civil and Utilities Division have secured two contracts totaling $60 million in the Alberta oilsands for key clients BA Energy and Kinder Morgan Canada Terminals.

News Release

Aecon reports continued improvement in first quarter

May 14, 2007
Aecon Group Inc. today reported improved operating results for the first quarter of 2007 as revenues, margins, operating profit and net loss all improved over those reported a year earlier.

News Release

Aecon awarded $49 million contract to widen 407 ETR

Mar 22, 2007
Aecon Group Inc. today announced that its Construction and Materials division has been awarded a $49.1 million contract to widen the median of Highway 407 northwest of Toronto between Highway 427 and Highway 401.