Fraser Crossing Partners, a 50-50 joint venture between Aecon Group and Acciona, has reached financial close on the C$967.5 million ($729 million) Pattullo Bridge Replacement Project in British Columbia. The bridge will provide network connections to New Westminster and Surrey.
Fraser Crossing Partners was selected by the province of British Columbia to design, build and partially finance the project, which includes a new four-lane cable-stayed bridge over the Fraser River, featuring a center safety median barrier and wider lanes to accommodate passenger and commercial vehicles. It also will have dedicated walking and cycling lanes.
“This award adds another signature bridge project to Aecon’s strong backlog, further diversifying our presence in Western Canada and underscoring our preeminent reputation as a partner-of-choice for delivering critical infrastructure projects nationwide,” said Jean-Louis Servranckx, president and CEO of Aecon Group.
The project