EDMONTON, Oct. 24, 2013 /CNW/ - Aecon Group Inc. (TSX: ARE) announced today, coinciding with an investor
tour with Raymond James in Edmonton, that it has been awarded a
construction contract by Enbridge Pipelines Inc. as part of Enbridge's
South Edmonton Terminal Expansion Project.
The project is located in Edmonton, Alberta and is an expansion of the
south portion of the existing Enbridge Terminal. The scope of work for
the project includes structural, mechanical and piping installation
work as well as pipe fabrication which will be performed in Aecon's
facility in Sherwood Park, Alberta.
"This award underlines both the significance of our relationships with
key clients such as Enbridge, and the growth of our business in the
energy sector in Western Canada," says Teri McKibbon, President & Chief
Operating Officer, Aecon Group Inc.
Work is scheduled for completion in the third quarter 2015.
Aecon Group Inc. is a Canadian leader in construction and infrastructure
development providing integrated turnkey services to private and public
sector clients. Aecon is pleased to be consistently recognized as one
of the Best Employers in Canada.
The information in this press release includes certain forward-looking
statements which are subject to risks and uncertainties. In addition
to events beyond Aecon's control, there are factors which could cause
actual or future results, performance or achievements to differ
materially from those expressed or inferred herein including, but not
limited to: the timing of the project, unanticipated costs and
expenses, general market and industry conditions and operational and
reputational risks, including large project risk and contractual
factors. Readers are referred to the specific risk factors relating to
and affecting Aecon's business and operations as filed by Aecon
pursuant to applicable securities laws. Except as required by
applicable securities laws, forward-looking statements speak only as of
the date on which they are made and Aecon undertakes no obligation to
publicly update or revise any forward-looking statement, whether as a
result of new information, future events or otherwise.
SOURCE: Aecon Group Inc.
For further information:
Senior Vice President,
Aecon Group Inc.