Kiewet and Aecon JV wins hydroelectric build

Premium Content

10 June 2010

A Kiewet and Aecon JV has won the CAD$ 1,7 billion (US$ 1.6 billion)design and build contract for the construction of the lower Mattagami hydroelectric complex, 70 km north east of Kapuskasing in Ontario, Canada.

The JV sees Aecon with a 20% interest in the project that will redevelop four generating stations on the Mattagami River.

With completion scheduled for 2015, CEO of Aecon Infrastructure Teri McKibbon said, "This is an important project and we are committed to completing the work on time and on budget. We are very pleased to be partnered with Kiewet, a company acknowledged as a world class leader in hydro development projects."

The future of off-highway power is about integration, not just innovation
OEMs face growing complexity in powertrain decisions – but clarity is emerging around efficiency and uptime
A Chinese OEM’s view of construction equipment today – and tomorrow
LiuGong’s Andrew Ryan believes forward-thinking OEMs must combine local execution, useful tech and a greater focus on total cost of ownership
Could Istanbul be the construction industry’s next global meeting point?
Where continents, capital and contractors converge – Komatek 2026 could play a signficant role in turning Istanbul into a vital hub for the construction industry