Aecon to buy Winnipeg-based electrical contractor Voltage Power for $30 million
from On-Site Magazine
Aecon Group is adding to its in-house electrical contracting expertise with a new acquisition. The company recently said it has purchased Winnipeg-based Voltage Power for $30 million, plus possible earnout payments based on future financial targets. The electrical contractor has worked on a number of recent high-profile projects, including Manitoba Hydro’s Bipole III 500 kV Transmission Line and Emera’s Maritime Link 230 kV Transmission Line. Aecon said over the past three years, Voltage Power has completed more than 20 projects across five provinces.
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