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News Release

New Bermuda International Airport Terminal Breaks Ground

Apr 28, 2017
Representatives of the Bermuda Government, Canadian Commercial Corporation (CCC), Aecon and Bermuda Skyport Corporation Limited joined together today to officially break ground on the new 277,300 sq. ft. airport terminal.

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Aecon achieves commercial and financial close on the Bermuda Airport Redevelopment Project

Mar 16, 2017
Aecon Group Inc. announced today that it has achieved commercial and financial close on the L.F. Wade International Airport Redevelopment Project in Bermuda (Bermuda Airport Project).

News Release

Aecon reports 2016 results including record revenue of $3.2 billion and increase in annual dividend

Mar 7, 2017
Aecon Group Inc. today reported results for the fourth quarter and full year 2016, concluding a year that saw revenue and new awards reach record levels while making solid progress in profitability on a like-for-like basis.

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Aecon awarded two recurring revenue contracts in Western Canada

Nov 15, 2016
Aecon Group Inc. announced today that it has been awarded a Master Turnaround Agreement (MTA) by Spectra Energy and a Multiple Use Agreement (MUA) by a major oil producer in Alberta.

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Terrance McKibbon steps down as President and CEO of Aecon

Nov 14, 2016
Aecon Group Inc. announced today that Terrance McKibbon is stepping down as President and Chief Executive Officer of Aecon.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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

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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.

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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.

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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.

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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.

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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.

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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...

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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.

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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.

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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.

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Aecon hosts inaugural Safety Week

Oct 8, 2014
For the past nine years Aecon has celebrated Safety Day at every office location and project site across Canada. In honour of its 10th anniversary and in recognition of the company’s ongoing commitment to safety and “Safety First” core value, Aecon hosted its inaugural Safety Week from Monday, September 29 to Friday, October 3.