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Aecon partnership executes contract to advance in-water works design for the Contrecœur Terminal Growth undertaking in Québec

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February 28, 2024
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TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) — Aecon Group Inc. (TSX: ARE) (“Aecon”) introduced at this time that Contrecoeur Terminal Constructors Basic Partnership, comprised of Aecon (40%) and Pomerleau (60%), has executed a contract with the Montréal Port Authority (“MPA”) for the Contrecœur Terminal Growth undertaking in-water works below a Progressive Design-Construct strategy.

Article content material

The collaborative settlement covers a 12-month growth section to finalize the design, estimated schedule and value of this section of the undertaking, delivered below a Progressive Design-Construct strategy. The scope of in-water works following the event section consists of dredging, the development of dock infrastructure, quay partitions, return partitions, and auxiliary works.

“The in-water works are an essential part of delivering the brand new Contrecœur terminal – offering elevated capability to the most important container port in Jap Canada and supporting continued financial progress in Québec and Canada,” stated Jean-Louis Servranckx, President and Chief Government Officer, Aecon Group Inc. “We sit up for bringing our expertise working below collaborative supply fashions and constructing advanced civil infrastructure to ship this important undertaking with our shopper and associate.”

The Contrecœur terminal is a diversified transshipment centre served by a few of the largest delivery strains on the earth – connecting to main rail networks and highways and serving to to fulfill the wants of home and worldwide importers, exporters and shoppers.

Article content material

Additional details about the undertaking is obtainable on the MPA web site.

About Aecon

Aecon Group Inc. (TSX: ARE) is a North American development and infrastructure growth firm with international expertise. Aecon delivers built-in options to non-public and public-sector purchasers by means of its Development section within the Civil, City Transportation, Nuclear, Utility and Industrial sectors, and offers undertaking growth, financing, funding, administration, and operations and upkeep providers by means of its Concessions section. Be a part of our on-line group on X, LinkedIn, Fb, and Instagram @AeconGroupInc.  

Assertion on Ahead-Wanting Info

The knowledge on this press launch consists of sure forward-looking statements. These forward-looking statements are primarily based on at the moment accessible aggressive, monetary and financial knowledge and working plans however are topic to dangers and uncertainties. Along with occasions past Aecon’s management, there are elements which may trigger precise or future outcomes, efficiency or achievements to vary materially from these expressed or inferred herein, as mentioned in better element in Part 13 – “Danger Elements” within the Administration’s Dialogue and Evaluation filed on September 30, 2023 MD&A and within the 2022 Annual MD&A dated February 28, 2023
and accessible by means of SEDAR+ (www.sedarplus.com). Besides as required by relevant securities legal guidelines, forward-looking statements converse solely as of the date on which they’re made and Aecon undertakes no obligation to publicly replace or revise any forward-looking assertion, whether or not on account of new data, future occasions or in any other case, besides as required by relevant legislation.  

For additional data: 

Adam Borgatti
SVP, Company Growth and Investor Relations
416-297-2600
ir@aecon.com

Nicole Courtroom
Vice President, Company Affairs
416-297-2600
corpaffairs@aecon.com

Diane Rivard
Senior Advisor, Communications
438-341-9302
drivard@aecon.com

A photograph accompanying this announcement is obtainable at https://www.globenewswire.com/NewsRoom/AttachmentNg/e9488a4c-5e58-46c4-8aff-e6ade037406d


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