TSX:AREConstruction
Is Aecon Group (TSX:ARE) Quietly Redefining Its Earnings Quality With Long-Term LRT Concessions?
Aecon Group recently marked the opening of Toronto’s 10.3-kilometre Finch West LRT, where it holds a 33.3% equity stake and will participate in a 30-year maintenance term alongside its construction role.
This milestone underscores Aecon’s growing emphasis on long-duration, concession-style infrastructure assets that can support more recurring revenue and long-term project visibility.
We’ll now examine how Aecon’s 30-year maintenance role on Finch West LRT could influence its investment...