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Aecon consortium identified as First Negotiations Proponent for the Eglinton Crosstown West Extension Advance Tunnel project in Toronto
Aecon consortium identified as First Negotiations Proponent for the Eglinton Crosstown We...
About this update from Aecon Group Inc.
[{"type":"text","content":"\n \n \n \n Aecon consortium identified as First Negotiations Proponent for the Eglinton Crosstown West Extension Advance Tunnel project in Toronto\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TORONTO\n \n ,\n \n March 5, 2021\n \n /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that West End Connectors, a consortium comprised of Aecon (40%), Dragados Canada Inc. (40%) and Ghella (20%), has been identified by Infrastructure Ontario (IO) and Metrolinx as the First Negotiations Proponent (FNP) to design, build and finance the Eglinton Crosstown West Extension (ECWE) Advance Tunnel project in\n \n Toronto\n \n .\n \n \n \n \n \n \n \n \n \n Identification of the FNP is the first step in the negotiations process. Upon successful conclusion of this process, West End Connectors would proceed towards Financial Close in the second quarter of 2021.\n \n \n \"Aecon is proud to bring our industry leading heavy civil expertise combined with our capabilities in successfully building world-class urban transportation systems to deliver this critical infrastructure,\" said\n \n Jean-Louis Servranckx\n \n , President and Chief Executive Officer, Aecon Group Inc. \"We look forward to working with Infrastructure Ontario, Metrolinx and our partners on this important extension to\n \n Toronto's\n \n transit system.\"\n \n \n \n \n About Aecon\n \n \n \n \n As a Canadian leader in construction and infrastructure development with global expertise, Aecon Group Inc. (TSX: ARE) strives to be the number one Canadian infrastructure company and is proud to be recognized as one of the Best Employers in\n \n Canada\n \n . Aecon safely, profitably and sustainably delivers integrated solutions to private and public-sector clients through its Construction segment in the Civil, Urban Transportation, Nuclear, Utility and Industrial sectors, and provides project development, financing, investment and management services through its Concessions segment. Join our online community on Twitter, LinkedIn, Facebook and Instagram @AeconGroup.\n \n \n \n \n Stateme...