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News Release

Aecon partnership selected as preferred proponent for Site C generating station and spillways civil works contract

Dec 21, 2017
Aecon Group Inc. announced today that a partnership between Aecon (30%), Dragados Canada, Inc. (27.5%), Flatiron Constructors Canada Limited (27.5%), and EBC Inc. (15%) has been selected as the preferred proponent by BC Hydro to move to the next procurement phase for the Site C generating station and spillways civil works contract in northeast British Columbia.

News Release

Aecon shareholders approve plan of arrangement

Dec 19, 2017
Aecon Group Inc. is pleased to announce that its shareholders voted today to approve the previously announced Plan of Arrangement pursuant to which CCCC International Holding Limited (CCCI) will acquire all of the issued and outstanding common shares of Aecon (the "Arrangement").

News Release

Bruce Power contracts major industry suppliers for steam generator replacement project

Dec 17, 2017
A fully integrated joint venture formed among AECOM, Aecon and AREVA NP – the Steam Generator Replacement Team (SGRT) – today signed a contract valued at more than $130 million to replace steam generators at Unit 6 of the Bruce Nuclear Generating Station in Ontario, Canada.

News Release

Aecon provides update on proposed transaction with CCCI

Dec 8, 2017
Aecon Group Inc. today announced the receipt of two regulatory approvals in respect of the acquisition by CCCC International Holding Limited (CCCI) of all of the issued and outstanding common shares of Aecon for $20.37 per share in cash.

News Release

Aecon Group agrees to be acquired by CCCI for $20.37 per share

Oct 26, 2017
Aecon Group Inc. and CCCC International Holding Limited (CCCI) today announced that they have entered into a definitive agreement under which CCCI will acquire all of the issued and outstanding common shares of Aecon for $20.37 per share in cash, representing an enterprise value of $1.51 billion.

News Release

Aecon reports third quarter 2017 results

Oct 26, 2017
Aecon Group Inc. today reported results for the third quarter of 2017.

News Release

Aecon confirms it has engaged financial advisors to explore a potential sale of the company

Aug 25, 2017
Aecon Group Inc. has been requested by the Investment Industry Regulatory Organization of Canada (IIROC) to comment on the recent increase in the trading volume and price of the Company's common shares on the Toronto Stock Exchange.

News Release

Aecon reports second quarter 2017 results

Jul 27, 2017
Aecon Group Inc. today reported results for the second quarter of 2017.

News Release

Aecon announces results of vote for the election of directors

Jun 30, 2017
Aecon Group Inc. announced today that the nominees listed in the Management Information Circular dated May 30, 2017 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

Warning: Fraudulent activity in Calgary, Alberta area

Jun 28, 2017
It has come to our attention that individuals in the Calgary, Alberta area have been impersonating Aecon employees and offering unauthorized driveway paving services in exchange for payment. Such offers are fraudulent and should be reported immediately to your local authorities.

News Release

Aecon reports first quarter 2017 results

May 8, 2017
Aecon Group Inc. today reported results for the first quarter of 2017.

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.

News Release

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.

News Release

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.

News Release

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.

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.