Aecon approved to rejoin Gordie Howe International Bridge project
Aecon Group has announced that is has received approval to rejoin Bridging North America, the team chosen to design, build, finance, operate and maintain the Gordie Howe International Bridge through a public-private partnership. The company will rejoin the members of the consortium: ACS Infrastructure Canada Inc., Dragados Canada Inc. and Fluor Canada.
The Windsor-Detroit Bridge Authority (WDBA) approved Aecon rejoining the consortium following a “thorough review” on their part, according to a recent statement from Aecon Group Inc.
Aecon had previously backed out of Bridging North America’s bidding for the project back in May, when the company was trying to obtain federal approval for a $1.5-billion takeover of the company by a Chinese state-owned company.
The Gordie Howe International Bridge will be a new six-lane, cable-stayed international bridge will provide direct connectivity to existing highway networks in Windsor, Ont. and Detroit, Mich.
“This is an important project for Canada and the United States,” said John Beck, president and CEO of Aecon Group Inc. “The Gordie Howe International Bridge project fits well into Aecon's existing portfolio of projects. Given Aecon’s current resources, extensive involvement in the development of the proposal prior to its withdrawal and review of the final proposal, Aecon is pleased to be a part of the team to deliver this critical infrastructure project for the benefit of all stakeholders. Aecon looks forward to working with its partners and WDBA to achieve financial close and ultimately deliver this vital infrastructure project.”
Financial close is expected by the end of September 2018.
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