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Aecon Group Inc T.ARE

Alternate Symbol(s):  AEGXF

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.


TSX:ARE - Post by User

Post by Justhalffullon Nov 03, 2021 3:41pm
257 Views
Post# 34083664

Bought

BoughtA few at 17.39. This has to be temporary.  Even if Somerville walks, Aecon is big enough to take the rest on themselves.  And they would then have the upper hand.  With gas prices where they are Coastal Gaslink needs this pipeline built as quickly as possible, and cannot risk Aecon also walking. They would have difficulty finding someone else with the resources and expertise to take over.
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