07:41 AM EDT, 10/02/2024 (MT Newswires) -- Southland Holdings ( SLND ) said Wednesday that a joint venture that includes its unit, Aecon Group, and MWH Constructors Canada, has executed a contract with the City of Winnipeg in Canada, to design and build an upgrade project for the Winnipeg North End Sewage Treatment Plant.

The project will start with a development phase contract valued at $70 million, with Southland holding a 33.3% stake, the company said.

Following the successful completion of this phase, the implementation phase will begin to finalize the design and carry out construction.

Southland said the contract's scope of work includes the design and construction of a new biosolids facility, along with modifications to the treatment plant's primary wastewater clarifier.