Canada based airport operator/investor with 3 active airports across 2 countries
Aecon Group Inc
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Aecon Group Inc. was a North American construction and infrastructure development company with global experience. The company is a developer of airports in US Virgin Islands and Bermuda.
In September 2023, Aecon Group Inc. announced the closing of the previously disclosed agreement with Connor, Clark & Lunn Infrastructure to sell a 49.9% interest in the L.F. Wade International Airport (Bermuda International Airport) concessionaire, Bermuda Skyport Corporation Limited (“Skyport”). The final sale price was US$120mn. following certain closing adjustments.
In March 2024, Aecon Group Inc. announced that VIports Partners (“VIports”) was selected by the U.S. Virgin Islands Port Authority (“VIPA”) to redevelop the Cyril E. King Airport in St. Thomas and the Henry E. Rohlsen Airport in St. Croix under a collaborative Design, Build, Finance, Operate and Maintain (“DBFOM”) Public-Private Partnership model.
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