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Aecon joint venture selected as preferred proponent for the Pattullo Bridge Replacement Project in British Columbia
Aecon joint venture selected as preferred proponent for the Pattullo Bridge Replacement Pr...
About this update from Aecon Group Inc.
[{"type":"text","content":"\n\n\n\n\nAecon joint venture selected as preferred proponent for the Pattullo Bridge Replacement Project in British Columbia\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\nCanada NewsWire\nTORONTO, Dec. 19, 2019\n\n\n\nTORONTO, Dec. 19, 2019 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today that Fraser Crossing Partners, a 50/50 joint venture between Aecon and Acciona, has been selected by the Province of B.C. as preferred proponent for the Pattullo Bridge Replacement Project.\n\n \n \n\n \nFinancial close is expected in the first quarter of 2020.\n\"Aecon looks forward to playing an important role in connecting the communities of New Westminster, Surrey and the surrounding area,\" said Jean-Louis Servranckx, President and Chief Executive Officer, Aecon Group Inc. \"This selection illustrates Aecon's recognized reputation as a partner-of-choice for large-scale, critical infrastructure projects and further expands our solid, diverse presence in Western Canada.\"\nAbout Aecon\nAs 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. 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 Conventional Industrial sectors, and provides project development, financing, investment and management services through its Concessions segment. Join our online community on Twitter, LinkedIn, and Instagram @AeconGroup.\nStatement on Forward-Looking Information\nThe information in this press release includes certain forward-looking statements. These forward-looking statements are based on currently available competitive, financial and economic data and operating plans but are subject to risks and uncertainties.  Forward-looking statements may include, without limitation, statements regarding the operations, business, financial condition, expected financial results, performance, prospects, ongoing objectives, str...