Aecon Group Inc T.ARE

Alternate Symbol(s): AEGXF

Industrials Conglomerates

Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and internationally and focuses primarily on the civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure and industrial infrastructure. Its Concessions segment include the development, financing, build and operation of construction projects primarily by way of public-private partnership contract structures, as well as integrating the services of all project participants. The Company’s projects include Annacis Water Supply Tunnel, Bell Canada Gigabit Fiber Service, Finch West LRT, and others.

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Aecon Group Inc > TC Energy Corp. commits to up to $3.3B

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Post by GeoEngineeron Nov 06, 2021 7:35pm

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Post# 34096555

TC Energy Corp. commits to up to $3.3B

https://ca.news.yahoo.com/pipeline-company-tc-energy-corp-121552391.html

essentially TC is saying they are going to cough up this financing to get the project built, and will figure out how to cover this with LNG once the pipeline is in operation

good news, at least AECON's "cash flow" issue is resolved
it'd be interesting to see how the markt will react on Monday

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