Core Viewpoint - Aecon Group Inc. is advancing its role in the nuclear energy sector through a joint venture, Cascade Nuclear Partners, to develop the first four of twelve Xe-100 small modular reactors (SMR) in collaboration with Energy Northwest [1][3][6]. Company Overview - Aecon Group Inc. is a North American construction and infrastructure development company with extensive experience in various sectors, including nuclear [8]. Project Details - The Cascade Advanced Energy Facility will consist of four Xe-100 SMRs, each generating 80 megawatts, totaling up to 320 megawatts of electricity [2]. - The facility will be located near Energy Northwest's Columbia Generating Station in Richland, WA [2]. - Construction is expected to begin by the end of the decade, with operations targeted for the 2030s [3]. Strategic Importance - The project represents a significant milestone for Aecon, reflecting its strategic focus on nuclear opportunities in the U.S. and globally [3][4]. - Aecon's expertise in nuclear construction and its collaborative approach are highlighted as key factors for the project's success [6][7]. Partnerships and Collaborations - Cascade Nuclear Partners includes Kiewit and Black & Veatch, both of which bring extensive experience in nuclear engineering and project delivery [7][8]. - The partnership aims to set a new standard for nuclear energy infrastructure while providing reliable, carbon-free power for the Pacific Northwest [7][8]. Future Outlook - The project is part of a broader trend towards advanced nuclear technologies and is expected to contribute to the energy transition towards carbon-free solutions [3][4].

Core Insights - Aecon Group Inc. has reached financial close on a $609 million design-build contract for the Port of Montreal Expansion project, in partnership with Pomerleau [1][3] - The project will enhance terminal capacity, supporting economic growth and international trade in Canada [3][4] Project Details - The contract includes preparatory work, dredging, and construction of dock infrastructure, with construction expected to start in 2026 and complete by 2030 [2] - Aecon's share of the contract will be reflected in its Construction segment backlog in Q4 2025 [1] Strategic Importance - The Contrecoeur terminal will be the largest container port in Eastern Canada, solidifying the Port of Montreal's status as a key transshipment center [4] - The terminal will connect to major rail and highway networks, addressing the needs of Canadian importers and exporters [4]

Core Viewpoint - Aecon Group Inc. has acquired Trinity Industrial Services, enhancing its industrial operations and capabilities in the U.S. market, particularly in Texas and Louisiana [1][3][4] Company Overview - Aecon is a North American construction and infrastructure development company that provides integrated solutions across various sectors including Civil, Urban Transportation, Nuclear, Utility, and Industrial [6] - Trinity, founded in 2008, is a privately-owned company with around 60 employees, offering multidisciplinary services for maintenance, capital projects, turnarounds, and fabrication [2][7] Strategic Implications - The acquisition expands Aecon's footprint in a significant industrial hub in the U.S., enhances relationships with major clients, and secures a growth platform in target markets [3] - The transaction is expected to strengthen recurring revenue due to Trinity's business model, which relies on multi-year master service agreements [2][3] Leadership and Integration - Trinity's management will continue to lead the business in partnership with Aecon's Industrial management team, aiming to augment core industrial capabilities and increase operational capacity across the U.S. Gulf Coast Region [4][5] - Aecon's leadership expresses excitement about leveraging strong client relationships and extended services to pursue new projects [5]

Provides Ontario with critical capacity as Canada’s largest grid-scale battery energy storage facility in operation Oneida Battery Energy Storage Project, April 2025 TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- The Oneida Energy Storage Project (“Oneida”) has officially entered commercial operations, becoming the largest battery energy storage facility in operations in Canada, and one of the largest globally. Located in Haldimand County, Ontario, the 250 MW / 1,000 MWh facility was delivered ahead of schedule ...

TORONTO, March 26, 2025 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) announced today that it intends to release its first quarter 2025 financial results on Wednesday, April 23, 2025 after market close, and has scheduled a live webcast and conference call for 9 a.m. (Eastern Time) on Thursday, April 24, 2025. A live webcast of the conference call can be accessed using this link and will be available at www.aecon.com/InvestorCalendar. Participants can also dial-in to the conference call and pre-register us ...