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 > Adam Borgatti (departing CFO) posted this on his linkedin

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Post by Gabrielon Jul 08, 2024 10:54pm

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Post# 36123833

Adam Borgatti (departing CFO) posted this on his linkedin

Today’s announcement on Aecon Utilities’ acquisition of electrical distribution utility contractor Xtreme Powerline creates opportunities to harness our collective utility infrastructure expertise. By expanding self-perform electrical distribution capabilities in the U.S., Aecon Utilities is enhancing its diverse service offering and relationships with U.S. utility clients in target markets.

Along with our strategic partner Oaktree Capital Management, L.P., we’re excited to welcome the Xtreme team to help advance our continued growth across North America with a focus on the energy transition.

Read Aecon’s news release here: https://bit.ly/4cmq9SP

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