AUS
NZ
UK
CA
USA
IND
Highlights
- Aecon Utilities has completed the acquisition of KPC Power Electrical Ltd. and KPC Energy Metering Solutions Ltd.
- The acquisition expands Aecon Utilities’ capabilities in high-voltage testing, commissioning, and energy metering services.
- KPC’s operations strengthen Aecon Utilities’ ability to pursue grid modernization, electrification, and infrastructure upgrade projects.
Aecon Group Inc. (TSX:ARE) has announced the completion of the acquisition of K.P.C. Power Electrical Ltd. and K.P.C. Energy Metering Solutions Ltd., collectively known as KPC, through its subsidiary Aecon Utilities Group Inc. The transaction brings KPC’s expertise and operations under the Aecon Utilities umbrella, further expanding the company’s utility infrastructure capabilities in Canada.
Integration of KPC Expands Utilities Capabilities
KPC, based in Ontario, specializes in high-voltage testing, commissioning, and energy metering solutions. With its Power Electrical and Energy Metering Solutions operations, KPC provides comprehensive contracting services for utility projects, delivering technical solutions across electrical transmission, distribution, and metering. The acquisition adds experienced teams and operational capacity to Aecon Utilities, broadening its service offerings and presence across multiple utility sectors.
The integration positions Aecon Utilities to engage in projects related to grid modernization, electrification, and infrastructure upgrades. KPC’s capabilities complement Aecon Utilities’ existing portfolio, which includes electrical transmission and distribution, renewables, in-home services, telecommunications, and pipeline distribution. A significant portion of Aecon Utilities’ revenues originates from recurring programs for public and private utility clients, which will now benefit from KPC’s specialized technical expertise.
Enhancing Utility Infrastructure Services
The acquisition brings end-to-end contracting solutions to Aecon Utilities’ operations, allowing the company to deliver specialized services for large-scale utility projects in Ontario and beyond. KPC’s focus on reliability, quality, and safety supports Aecon Utilities’ operational standards and client commitments.
Company Overview
Aecon Group Inc. is a North American construction and infrastructure development company offering integrated solutions to private and public clients through its Construction and Concessions segments. Aecon Utilities is a leading provider of utility infrastructure solutions in Canada, with a growing presence in the U.S., operating through independent subsidiaries across four key markets. KPC provides responsive and reliable utility contracting services, with expertise in electrical systems and energy metering projects.
ARE shares last traded at CAD 31.78 per share on 6 January 2026.
