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Aecon partnership executes agreement for the Mactaquac Life Achievement Project in New Brunswick

$AREPress releaseJul 30, 2026, 2:07 PM ETRead the release

Aecon Group, through a 33.3% interest in the Mactaquac Improvement Partnership, executed a development phase agreement with NB Power for civil works on the Mactaquac Life Achievement Project. The project will rehabilitate the 672 MW station, which supplies 12% of New Brunswick's electricity, with a 12-month development phase preceding an expected 2027 construction start and 2039 completion.

Key figures

Construction start
Q2 2027
Project capacity mw
672
Aecon interest percent
33.3
Project completion year
2039
Development phase duration months
12
Regional power contribution percent
12

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