Aecon-led partnership signs development deal with NB Power for Mactaquac Generating Station rehabilitation project

Reuters2026/07/30 18:07

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Aecon holds a 33.3% stake in Mactaquac Improvement Partnership, which executed a development-phase agreement with NB Power for civil works.
Deal covers the 672 MW Mactaquac Generating Station rehabilitation project in New Brunswick, aimed at extending the facility to a 100-year lifespan.
12-month early contractor involvement phase will refine design, schedule, cost estimates; construction expected to start in Q2 2027.
Construction phase to run under a target-price model; completion targeted for 2039.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aecon Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607301407PRIMZONEFULLFEED9801154) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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