TSX:AREConstruction
Why Aecon Group (TSX:ARE) Is Up 17.0% After Landing a Major Greenlight Power Project Contract
Aecon Group Inc. announced that TRA, a consortium in which it holds a majority share, previously secured a multibillion-dollar contract for the 932 MW Greenlight Electricity Centre natural gas-fired power project in Alberta, adding a CA$1,700 million share to Aecon’s Construction segment backlog, with work spanning engineering through commissioning.
The project’s role in supplying dispatchable power to a major data centre and its potential capacity expansion underline Aecon’s growing...