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 > Buying Aecon today

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Comment by Gabrielon May 15, 2024 8:30pm

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Post# 36042377

RE:RE:Buying Aecon today

Ian Edwards - CEO AtkinsR said this morning during the conference call that the business of Candu is basically that of refurbishment of existing facilities. There are 30 Candu reactors in 7 countries around the world: Canada, Argentina, China, India, Korea, Pakistan, and Romania. 5.5% of global nuclear output is sourced from Candu reactors. 56% of Ontario's electricity is sourced from Candu reactors. 15% of Canada's electricity is sources from Candu. So you are correct, being a valued partner to AtkinsR is a big thing to Aecon.

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