Mr. Jean-Louis Servranckx reports

AECON CONSORTIUM SELECTED FOR TRANSFORMATIVE GO EXPANSION PROJECT

Aecon Group Inc. consortium ONxpress Transportation Partners has been selected to deliver the transformative GO Expansion On-Corridor Works project in the Greater Golden Horseshoe Area.

Previously identified as the first negotiations proponent, ONxpress has executed an agreement with Infrastructure Ontario (IO) and Metrolinx to deliver the multibillion-dollar project under a progressive design, build, operate and maintain (DBOM) contract model. ONxpress is a consortium comprising Aecon, FCC Construccion SA, Deutsche Bahn International Operations GmbH and Alstom. Aecon holds a 50-per-cent interest in a civil joint venture with FCC, which is undertaking the construction, and a 28-per-cent interest in a 25-year operations and maintenance partnership with Deutsche Bahn International Operations.

The innovative, fully integrated contract begins with a two-year collaborative development phase to finalize the scope, commercial structure and pricing of various elements of the project, with certain construction and early works activities commencing during this phase. Operations and maintenance are anticipated to commence upon completion of this period, and further information on the contract value and schedule will be disclosed following the development phase. The project is the culmination of the GO Expansion program and will electrify and transform the GO Rail network into a system that will deliver two-way, all-day service every 15 minutes or less across five core rail corridors in the Greater Golden Horseshoe Area.

"Aecon is purpose-built with the multidisciplinary expertise, pre-eminent execution capabilities and sophisticated processes to build and operate projects of this magnitude and we look forward to working with Infrastructure Ontario, Metrolinx and our partners to deliver this unprecedented and sustainable project," said Jean-Louis Servranckx, president and chief executive officer, Aecon Group.

System-wide infrastructure upgrades will include adding 205 kilometres of new track, electrifying 687 kilometres of the rail network, significant enhancements to platforms and tracks at Union Station, building new maintenance and storage facilities, and installing train control and signalling systems to enable more frequent service. The scope of work will also include upgrading and constructing new bridges, level crossings, grade separation structures, drainage systems, and significant earthworks.

Upon taking over operations and maintenance responsibilities, ONxpress will be responsible for providing expanded train service across the rail network, including major improvements to the existing timetable planning, operating train services including crewing, as well as maintenance of fleet, facilities, train control and electrification systems.

"Through our expertise in delivering complex infrastructure solutions, we are primed to deliver this world-class project to modernize operations and service across the GO Rail network," said Steve Nackan, executive vice-president and president, Aecon Concessions. "We are proud to play a key role in one of the largest infrastructure investments in Canada -- while stimulating the economy, creating well-paying jobs, and more efficiently connecting people and businesses."

"With increased frequency, faster trains, additional stations and seamless connections, this critical project will significantly improve regional rapid transit across Ontario -- connecting communities and enabling future generations to thrive," said Manuel Rivaya, senior vice-president, Urban transportation solutions, Aecon Group. "Urban transit infrastructure provides significant opportunities to decarbonize our economy, and we are proud to continue leading the industry in the construction and operation of sustainable infrastructure through a project of this scale."

Join the Aecon team

Build and operate the infrastructure of tomorrow. Aecon is currently recruiting for a diverse range of construction, operational and functional service roles to work on the GO Expansion project. As a first-choice employer, it is looking for talented and diverse individuals to build what matters and help future generations thrive. Apply today on the Aecon website.

About Aecon Group Inc.

As a Canadian leader in construction and infrastructure development with global expertise, Aecon Group strives to be the No. 1 Canadian infrastructure company and is proud to be recognized as one of the best employers in Canada. Aecon safely, profitably and sustainably delivers integrated solutions to private and public-sector clients through its construction segment in the civil, urban transportation, nuclear, utility and industrial sectors, and provides project development, financing, investment and management services through its concessions segment.

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