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

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Post by BOMASon Sep 13, 2017 4:18am

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Post# 26688552

trans mountain pipeline contract

Looks like Kinder Morgan picked AECON as one of the contruction companies for the Transmountain pipeline expansion. Anouncement early Sept 13-2017 at weblink below.
Could this be why shares inching up a bit higher the last two days?
Anyone have an idea wht this contract may be worth to AECON?

https://dailycommercialnews.com/en-US/Resource/News/2017/9/Kinder-Morgan-announces-contractors-for-controversial-Trans-Mountain-pipeline-1027113W/

one excerpt is:

Kinder Morgan anticipates that the $7.4 billion expansion project will generate $46.7 billion in government revenues and 802,000 person years of employment, the equivalent of 37,000 jobs each year, over more than 20 years.

Will this contract help in the potential sale/purchase of AECON ?

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