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Bullboard - Stock Discussion Forum 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... see more

TSX:ARE - Post Discussion

Aecon Group Inc > TC Energy Corp. commits to up to $3.3B
View:
Post by GeoEngineer on Nov 06, 2021 7:35pm

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
Comment by Shirtlessnomore on Nov 07, 2021 8:20am
Wow! That is great news! Cheers and thanks for posting!
Comment by Justhalffull on Nov 07, 2021 11:34am
I think the market owes us about $3.00, so would expect at least 2/3 of it tomorrow..
Comment by Dividends on Nov 07, 2021 7:48pm
I say we will be just under 20 tomorra
Comment by sunshine7 on Nov 08, 2021 10:09am
I was also expecting more of a market reaction. Maybe ARE should release their own (or joint) statement reiterating the risk reduction?
Aecon Group Inc
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