Aecon Utilities completed the acquisition of Xtreme Powerline for $73m.

Aecon Utilities, a construction company, completed the acquisition of Xtreme Powerline, a full-service powerline constructor, for $73m. “The acquisition of Xtreme creates opportunities to harness our collective utility infrastructure expertise and drive continued growth in priority markets. Xtreme’s experienced team and strong client relationships are aligned with our business, and we, along with our strategic partner Oaktree, are pleased to welcome the Xtreme team to help advance our continued growth across North America with a focus on the energy transition,” Eric MacDonald, Aecon Utilities Executive Vice President.