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Aecon reports second quarter 2016 results including record backlog of $4.9 billion

Aug 3, 2016
Aecon Group Inc. today reported results for the second quarter of 2016 which included strong growth in both revenue and like for like Adjusted EBITDA.

Aecon awarded two energy contracts by Union Gas and Spectra Energy

Jun 30, 2016
Aecon Group Inc. announced today that it has been awarded a $250 million contract by Union Gas Limited for work on its Dawn-Parkway Expansion Project in Ontario. Aecon was also awarded a four-year Master Service Agreement (MSA) contract with Spectra Energy Transmission (Spectra Energy) for pipeline facilities work in Western Canada.

Aecon announces results of vote for the election of directors

Jun 8, 2016
Aecon Group Inc. announced today that the nominees listed in the Management Information Circular dated May 4, 2016 were elected as directors of Aecon Group Inc., to hold office until the next Annual Meeting of Shareholders or until their successors are appointed.

Aecon holds 2016 Annual General Meeting in Vancouver – Susan Wolburgh Jenah joins Aecon’s Board of Directors

Jun 5, 2016
John M. Beck, Executive Chairman of Aecon Group Inc. was pleased to announce on behalf of the Board of Directors at Aecon’s Annual General Meeting in Vancouver that Susan Wolburgh Jenah has been appointed to Aecon’s Board of Directors effective immediately.

Aecon awarded two energy contracts by Ontario Power Generation

May 27, 2016
Aecon Group Inc. announced today that an Aecon joint venture (JV) has been awarded two nuclear energy contracts by Ontario Power Generation (OPG) valued at $223 million for Aecon’s share.

Aecon reports 2015 results including record year-end backlog of $3.3 billion and increase in annual dividend

Mar 1, 2016
Aecon Group Inc. today reported results for the fourth quarter and full year 2015, concluding a year that saw progress on revenue and margin performance, successful completion of the sale of Aecon’s interest in the Quito airport, and record year-end backlog of $3.3 billion as at December 31, 2015. Aecon’s Board of Directors approved an increase in the annual dividend to 46 cents per share from 40 cents per share.

Aecon’s statement on the passing of Paul Koenderman

Feb 1, 2016
It is with heavy hearts that we share news of the sudden passing of our esteemed friend and colleague, Paul Koenderman, following a tragic car accident last week.

Aecon joint venture awarded $2.75 billion contract for the execution phase of the Darlington nuclear refurbishment project

Jan 11, 2016
Aecon Group Inc. announced today that Ontario Power Generation (OPG) has awarded a 50/50 joint venture (JV) between Aecon and SNC-Lavalin Nuclear Inc. a $2.75 billion contract to carry out the execution phase of its Re-tube and Feeder Replacement project for the Darlington Nuclear Generating Station Refurbishment Program.

Aecon completes sale of interest in Quito International Airport concession

Dec 10, 2015
Aecon Group Inc. announced today that it has completed the previously disclosed sale of its 45.5 per cent interest in the Quito International Airport concessionaire, Corporaciσn Quiport S.A. (Quiport), for US$232.6 million to Grupo Odinsa S.A. and CCR S.A.

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Aecon reports third quarter 2015 results including record backlog of $3.4 billion

Nov 11, 2015
Aecon Group Inc. today reported results for the third quarter of 2015 including progress on revenue and margin performance, and record backlog of $3.4 billion as at September 30, 2015.

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Aecon JV awarded $146 million power contract

Sep 9, 2015
Aecon Group Inc. announced today that an Aecon joint venture has been awarded a $146 million power contract in Ontario.

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Aecon reports revenue and profit growth in the second quarter of 2015

Aug 10, 2015
Aecon Group Inc. today reported results for the second quarter of 2015 including a revenue increase of 13 per cent over the second quarter of last year and higher Adjusted EBITDA of $29.9 million as compared to $13.9 million in the same period of 2014.

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Aecon consortium reaches financial close on Eglinton Crosstown Light Rail Transit project

Jul 24, 2015
Aecon Group Inc. announced today that Crosslinx Transit Solutions (“Crosslinx”) has reached commercial and financial close on the previously disclosed Eglinton Crosstown Light Rail Transit (LRT) project in Toronto.

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Aecon announces results of vote for the election of directors

Jun 10, 2015
Aecon Group Inc. announced today that the nominees listed in the management proxy circular dated May 12, 2015 were elected as directors of Aecon Group Inc., to hold office until the next annual meeting of shareholders or until their successors are appointed.

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Aecon consortium selected as preferred proponent for the Eglinton Crosstown Light Rail Transit project

Jun 9, 2015
Aecon Group Inc. announced today that Crosslinx Transit Solutions (“Crosslinx”) has been selected by Metrolinx and Infrastructure Ontario as the preferred proponent for the development of the Eglinton Crosstown Light Rail Transit project in Toronto.

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Aecon to sell interest in Quito International Airport concession

Jun 8, 2015
Aecon Group Inc. announced today that it has signed agreements with Grupo Odinsa S.A. and CCR S.A. to sell its 45.5 per cent interest in the Quito International Airport concessionaire, Corporaciσn Quiport S.A.(Quiport), for US$232.6 million.

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Aecon reports first quarter 2015 results

May 11, 2015
Aecon Group Inc. today reported results for the first quarter of 2015 including higher Adjusted EBITDA of $6.5 million as compared to $3.1 million in the first quarter of 2014.

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Aecon awarded $109 million contract by North West Redwater Partnership

May 1, 2015
Aecon Group Inc. announced today that it has been awarded a $109 million contract by North West Redwater Partnership (NWR) for additional work related to their Sturgeon Refinery Project in Alberta

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Aecon awarded $110 million in mining contracts

Apr 17, 2015
Aecon Group Inc. announced today that it has been awarded two contracts valued at approximately $110 million for work in Aecon’s Mining segment.

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Aecon awarded $93 million in energy backlog plus $85 million in annual recurring revenue

Apr 14, 2015
Aecon Group Inc. announced today that it has been awarded contracts by five key clients for work in Aecon’s Energy segment in Ontario. The value of work is approximately $93 million in hard backlog and approximately $85 million in annual recurring revenue.

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Aecon and Six Nations form joint venture

Apr 13, 2015
Aecon Group Inc. and the Six Nations Elected Council through its entity Six Nations of the Grand River Development Corporation (Six Nations) are pleased to announce that they have entered into a joint venture agreement.

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Aecon announces sale of Innovative Steam Technologies

Apr 13, 2015
Aecon Group Inc. announced today that it has completed the sale of its wholly-owned subsidiary Innovative Steam Technologies (IST) to Fulcrum Capital Partners.

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Aecon reports year-end 2014 results – Increases dividend

Mar 5, 2015
Aecon Group Inc. today reported results for the fourth quarter and full year 2014, including backlog of $2.7 billion – a 50 per cent increase over backlog of $1.8 billion at the end of 2013.