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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.

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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.

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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.

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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.

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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.

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Scott Balfour Appointed President of Aecon

Sep 13, 2005
Aecon Group Inc. today announced that Scott Balfour has been appointed President of the company. Mr. Balfour, who has been Aecon's Executive Vice President and CFO since 1999, will now assume executive leadership of Aecon's operating divisions, reporting to Chairman and CEO, John M. Beck, who continues as Chairman and CEO.

News Release

Quito Airport financing documents signed

Aug 25, 2005
Aecon Group Inc. today announced the signing of financing documents among Aecon, its concession partners and the project lenders for the new Quito International Airport project.

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Aecon reports improved results from continuing operations

Aug 11, 2005
Aecon Group Inc. today reported improved operating results from continuing operations in the second quarter and first half of 2005 compared to the same periods last year.

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Aecon-Cegerco recently awarded two Montreal area contracts worth a combined total of over $20 million

Aug 9, 2005
Aecon Group Inc. announced today that its Quebec-based Buildings division, Aecon-Cegerco, has secured contracts from two different clients in the Montreal area worth over a combined $20 million.

News Release

Expertech chooses Aecon as its strategic partner for Ontario construction requirements

Aug 5, 2005
Aecon Group Inc. today announced that its Civil and Utilities division has successfully negotiated a series of contracts with Expertech Network Installation Inc. These new renewable contracts take effect September 2005.

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Saint Mary's University Appoints Aecon as Construction Manager for $25.5 Million Science Building

Jul 20, 2005
Aecon Group Inc. today announced its Atlantic Buildings group was awarded a Construction Management contract for the $25.5 Million Applied Science Building Renewal Project at Saint Mary's University, Halifax, Nova Scotia.

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Aecon's Innovative Steam Technology sells 100th unit to Turkey's Nar Enerji

Jul 12, 2005
Aecon Group Inc. today announced its wholly owned subsidiary Innovative Steam Technologies (IST) was awarded a contract to supply its 100th once through steam generator (OTSG) to Nar Enerji in Cerkezkoy, Turkey.

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Aecon reports first quarter results

May 5, 2005
Aecon Group Inc. today reported an improvement in operating results from continuing operations in the first quarter of 2005 compared to the first quarter of 2004.

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Aecon secures $17.5 million contract to build highway

Apr 22, 2005
Aecon Group Inc. today announced that it has secured a $17.5 million contract from the Ontario Ministry of Transportation to complete a portion of a four-lane highway from Parry Sound to Sudbury in a 50/50 joint venture with Leo Alarie and Sons Ltd.

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Aecon gains $57 million contract to build Phase 2 of University of Guelph's new Science Complex

Apr 18, 2005
Aecon Group Inc. today announced that Aecon Buildings has been awarded a $57 million general contract to construct Phase 2 of the University of Guelph's new Science Complex.

News Release

Aecon Industrial secures three key contracts in Western Canada

Apr 5, 2005
Aecon Group Inc. today announced that its Industrial division has secured three key industrial projects in Alberta valued at approximately $60 million.