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

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Aecon Group Inc > Aecon partnership finalizes contract

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Post by Betteryear2 on May 05, 2022 8:27pm

Aecon partnership finalizes contract

TORONTO, May 5, 2022 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that Connect Cit, a 50/50 general partnership between Aecon and EBC in which Aecon is the lead partner, has finalized a $219 million contract with ADM Aroports de Montral to build the Montral-Trudeau International Airport Rseau express mtropolitain (REM) Station project in Qubec. Aecon's share of this contract will be added to its Construction segment backlog in the second quarter of 2022, with additional scope and related pricing being finalized through a collaborative process in the coming months.

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