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Aecon Lands Major Nuclear Contract in Ontario
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Aecon Lands Major Nuclear Contract in Ontario

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Aecon Group Inc. (TSE:ARE) has released an update.

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Aecon Group Inc. has secured a significant $700 million contract through its joint venture SGRT to replace steam generators at Bruce Nuclear Generating Station in Ontario, with Aecon’s share contributing to its Q3 2024 backlog. The project, starting with Unit 5 in 2027 and expected to conclude by 2033, builds upon SGRT’s prior success and supports Ontario’s clean energy supply and economic growth.

For further insights into TSE:ARE stock, check out TipRanks’ Stock Analysis page.

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