Aecon Group

The 50/50 joint venture ONxpress (Aecon and FCC Canada) signed alliance agreements with Metrolinx for the GO Expansion project in Ontario, increasing Aecon’s backlog by $714 million. Of that amount, $649 million will be recorded in the third quarter of 2026 in the Construction segment and $65 million was recorded in the second quarter. Work has begun on the Durham College Oshawa GO Station as well as civil, track‑improvement and expansion works along the Lakeshore East; the project is operating under a target‑price model. » Mere på de.investing.com

A consortium led by Aecon (Red River Biosolids Partners) has been awarded an $815‑million contract by the city of Winnipeg to modernize the North End Water Pollution Control Centre. Partners are MWH Constructors and Oscar Renda Contracting, each holding 33.3%; Aecon’s share will be added to the Construction segment’s order backlog in Q3 2026. The project includes new sludge treatment facilities and modifications to the city’s largest wastewater treatment plant; commissioning is scheduled for Q4 2030, with final completion planned for Q2 2031. The modernization is intended to boost capacity and meet environmental requirements and strengthens Aecon’s position in the water infrastructure segment. » Mere på de.investing.com

Aecon Group has secured a C$1.7 billion share of the TRA consortium’s contract to build the Greenlight Electricity Centre data centre in Sturgeon County, Alberta. Project partners include Pembina Pipeline, Morgan Stanley Infrastructure Partners and Kineticor Asset Management. The contract value will be added to the construction segment’s order backlog in the third quarter of 2026. The stock subsequently rose by as much as 12% during the trading day. » Mere på de.investing.com