Aecon Group Inc. and the Mactaquac Improvement Partnership signed a development phase agreement for civil works at the Mactaquac Generating Station on July 30, 2026 [1].
The agreement secures the infrastructure work necessary to maintain the viability of a critical energy asset in New Brunswick. By addressing the civil requirements of the Mactaquac Life Achievement Project, the partnership ensures the continued operation of the facility's power generation capabilities.
New Brunswick Power Corporation entered the agreement with the Mactaquac Improvement Partnership to deliver the project's civil works [1]. Aecon Group Inc. holds a 33.3% interest in the general partnership [1], [2].
The project focuses on the 672 MW Mactaquac Generating Station [2]. This facility serves as a primary component of the regional energy grid, making the life achievement project essential for long-term energy stability.
Aecon Group Inc. said the agreement was executed in a company statement [1]. The partnership will now move into the development phase to finalize the technical and civil requirements for the station's upgrades [1].
“Aecon Group Inc. holds a 33.3% interest in the Mactaquac Improvement Partnership.”
The Mactaquac Life Achievement Project represents a strategic effort to extend the operational lifespan of a major hydroelectric asset. By securing a partnership with Aecon, New Brunswick Power Corporation is leveraging specialized civil engineering expertise to mitigate the risks of aging infrastructure, which is critical for maintaining regional grid reliability and avoiding costly unplanned outages.
