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Aecon Partnership to Rehabilitate Mactaquac Generating Station in New Brunswick

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Aecon Group (ARE.TO) said on Thursday that it will deliver civil engineering services to New Brunswick Power to rehabilitate the 672 MW Mactaquac Generating Station to ensure it operates for its intended 100-year lifespan.

The Mactaquac Improvement Partnership, comprised of Aecon, FlatironDragados and Green Infrastructure Partners, will design and develop cost estimates for parts of the project over a year-long development phase, a statement said.

The construction phase is expected to start in the second quarter of 2027 and will end in 2039.

Aecon Group Shares were last seen up C$0.32, to C$44.73, on the Toronto Stock Exchange.

Price: $44.75, Change: $+0.34, Percent Change: +0.77%

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