Aecon joint venture awarded $600M contract
August 3, 2012 by On-Site staff
Aecon Group Inc. recently announced that its Aecon Utilities division won a $600-million contract in a 50/50 joint venture with Robert B. Somerville Co. Ltd. to finish the Cold Lake and Polaris pipeline expansions in Alberta.
The contract includes the installation of 560 kilometres of underground pipeline for diluent distribution between Edmonton, Alta. and Fort McMurray, Alta., in addition to engineering support and construction reviews. The contract was awarded by Inter Pipeline Alberta.
The work is set to start in January 2013 with an expected completion date of 2016. The joint venture is expected to create between 600 and 700 jobs in total for each construction period.
In other news, Aecon’s industrial division was awarded design and construction work for the Atikokan Generating Station (GS) biomass conversion project by Ontario Power Generation (OPG).
Aecon will design and construct the fuel handling and storage systems for the generating station conversion.
The value of Aecon’s contract is approximately half of the $170-million project with an expected completion date of 2014. The Atikokan GS will have more than 200 MW of capacity.