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Aecon partnership reaches financial close on the Port of Montreal Expansion in-water works project in Contrecoeur

Provided By GlobeNewswire

Last update: Oct 9, 2025

TORONTO, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Aecon Group Inc. (TSX: ARE) (“Aecon”) announced today that Contrecoeur Terminal Constructors General Partnership, comprised of Aecon (40%) and Pomerleau (60%), has completed the collaborative development phase and reached financial close on a design-build contract with the Montreal Port Authority for the Port of Montreal Expansion in-water works project in Contrecoeur, Québec. Finalized under a progressive design-build approach, the contract is valued at $609 million, and Aecon’s share of the contract will be added to its Construction segment backlog in the fourth quarter of 2025.

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