Aecon Group has filed a final prospectus for a bought-deal equity offering expected to generate approximately $150 million in gross proceeds, the company announced.

The company will issue 3,822,000 common shares at a price of $39.25 per share through a syndicate of underwriters led by CIBC Capital Markets and TD Securities.

Aecon has also granted the underwriters an over-allotment option to purchase up to an additional 573,300 shares on the same terms, which could raise up to an additional $22.5 million if fully exercised within 30 days of closing.

The net proceeds will be used to repay amounts drawn on the company’s revolving credit facility, with any remaining funds allocated to general corporate purposes.

The offering is being made across all Canadian provinces under a final short form prospectus dated March 24, 2026, which is available through SEDAR+.

Aecon is a North American construction and infrastructure development company providing services across civil, transportation, nuclear, utilities and industrial sectors, along with project development and concessions operations.