Aecon awarded $109 million contract by North West Redwater Partnership

abarrelfullabarrelfull wrote on 05 May 2015 12:39
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Aecon Group Inc. (TSX:ARE) announced today that it has been awarded a $109 million contract by North West Redwater Partnership (NWR) for additional work related to their Sturgeon Refinery Project in Alberta.

Under the contract, Aecon’s Energy segment will perform site erection work at the NWR Sturgeon Refinery including structural preassembly of modules, modular to modular interconnects, as well as installation of mechanical equipment and instrumentation. Work is expected to start in the second quarter of 2015 and expected to be complete in the third quarter of 2016.

In 2014, Aecon was awarded approximately $230 million in contracts by NWR for structural steel erection, fabrication and module assembly at the NWR Sturgeon Refinery.

“Aecon’s commitment to successful execution and our unique partnering approach often leads to repeat business with top tier clients such as NWR,” says Teri McKibbon, President and Chief Executive Officer, Aecon Group Inc. “The work performed on this particular contract also highlights Aecon’s turnkey capabilities with our ability to self-perform a majority of the scope for major projects.”


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