Jul 5, 2026
Aecon (ARE) had a busy week, buying a facility for nuclear fabrication and running over 15% on the back of a $1.7B power plant contract - which adds 16% to the backlog…
… and should provide a boost to the company’s industrial segment through 2030.
The big win follows Aecon’s $320M utilities segment consolidation, reversing some multiple compression off of ARE’s peak valuation as investors price in future growth.
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