March 7, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Energy construction services company Aecon Group Incorporated (Toronto, Ontario) is optimistic about 2025. The company, which handles some of Canada's highest-valued construction and infrastructure-development projects, saw strong results from its nuclear and utilities businesses, and expects a strong backlog will drive business in Canada and the U.S. in 2025.
Industrial Info is tracking more than US$28 billion worth of active and proposed projects featuring Aecon's services, more than US$16.5 billion of which is attributed to projects in the power-generation sector. "Driven by robust year-end backlog, significant new contract awards, contributions from strategic acquisitions, solid recurring revenue, and a strong bid pipeline, revenue in 2025 is expected to be stronger than 2024," said Jean-Louis Servranckx, the chief executive officer of Aecon.
Other companies featured: Northland Power Incorporated, Hydro One, Tesla Incorporated (NASDAQ:TSLA) and Ainsworth Incorporated.
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