07:23 AM EDT, 04/15/2024 (MT Newswires) -- Aecon Group ( AEGXF ) , a construction and infrastructure company just shy of 52-week highs, over the weekend said the province of British Columbia selected South Fraser Station Partners, a consortium comprised of Aecon ( AEGXF ), Acciona, and Pomerleau, as the preferred proponent for the stations contract on the Surrey Langley SkyTrain Project.

The project includes the design and construction of eight stations, three transit exchanges, nine power substations, and 250 meters of guideway at the SkyTrain's terminus station. Aecon ( AEGXF ) owns a third of South Fraser Station Partners,

The financial closing is expected in the second quarter.