News

News Release

Aecon partnership finalizes contract for Site C generating station and spillways civil works

Mar 16, 2018

A partnership between Aecon, Flatiron Constructors Canada Limited, Dragados Canada, Inc., and EBC Inc. (AFDE Partnership) has signed the contract with BC Hydro for the Site C Generating Station and Spillways (GSS) Civil Works.

News Release

Aecon reports 2017 results and announces annual dividend

Mar 6, 2018

Aecon Group Inc. today reported results for the fourth quarter and full year 2017, including growth of year-end backlog, improved Adjusted EBITDA margin and significant new project awards. Aecon’s Board of Directors approved an annual dividend of 50 cents per share.

News Release

Aecon Announces Extension of the Arrangement Agreement Outside Date

Feb 18, 2018

Aecon Group Inc. today announced that the Outside Date for completing the Plan of Arrangement with CCCC International Holding Limited (CCCI) has been extended to March 30, 2018, by mutual agreement.

News Release

Aecon corrects misleading information

Feb 9, 2018

Aecon Group Inc. issued the following statement about the Company and its proposed transaction with CCCC International Holding Limited (CCCI).

News Release

NouvLR General Partnership preferred consortium for the Réseau express métropolitain (REM)

Feb 8, 2018

Aecon Group Inc. announced today that NouvLR General Partnership (“NouvLR”) has been selected by CDPQ Infra Inc. (“CDPQ Infra”), a procurement agent for Caisse de dépôt et placement du Québec, as the preferred proponent for the engineering, procurement, and construction of the Réseau express métropolitain (“REM”). NouvLR is a consortium comprised of: Groupe Aecon Québec Ltée, Dragados Canada Inc., EBC Inc., Pomerleau Inc., and SNC-Lavalin Grands Projets Inc.

News Release

Court approves Aecon plan of arrangement

Dec 22, 2017

Aecon Group Inc. today announced that the Ontario Superior Court of Justice (Commercial List) has issued a final order approving 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

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.