Aecon Group executes contract with City of Winnipeg for sewage plant upgrade

Aecon Group (AEGXF) announced that Red River Biosolids Partners General Partnership, a consortium comprised of Aecon, Oscar Renda Contracting of Canada Inc., a subsidiary of Southland Holdings (SLND) and MWH Constructors Canada Ltd. in which Aecon is the lead partner and holds a 33.3% interest, has executed a contract with the City of Winnipeg to deliver the Winnipeg North End Sewage Treatment Plant Biosolids Facilities Upgrade project under a Progressive Design-Build contract model. The collaborative project begins with a development phase contract valued at $95 million to advance design and finalize the scope and cost of various elements of the project. Aecon’s share of the development phase contract will be added to its Construction segment backlog in the third quarter of 2024. Upon successful completion of this phase, the implementation phase will begin to finalize the design and execute construction, with substantial completion expected in 2030. The scope of work includes the design and construction of a new biosolids facility, as well as modifications to the existing primary clarification. NEWPCC provides 70% of Winnipeg’s wastewater treatment capacity and is the largest sewage treatment plant in the city. Aecon is also currently working with Oscar Renda Contracting of Canada Inc. and the City of Winnipeg to deliver the NEWPCC Headworks Facilities Upgrade project.