Aecon Announces $150 Million Strategic Investment in Aecon Utilities Group by Oaktree
October 25, 2023 Aecon Group Inc. announced that funds managed by the Power Opportunities strategy of Oaktree Capital Management, L.P. (Oaktree) agreed to make a strategic investment in an Aecon subsidiary, Aecon Utilities Group Inc. (Aecon Utilities), creating an enhanced growth vehicle focused on providing utility infrastructure services across North America. On closing, Oaktree will acquire…


