Aecon Group shares rose as much as 12% on Thursday, marking the largest intraday gain since October. The infrastructure development company disclosed that TRA, a majority‑held consortium that includes Técnicas Reunidas Alberta, secured a data‑center development contract in which Aecon will receive a C$1.7 billion share of the contract value. The contract was awarded by Greenlight Electricity Centre Limited Partnership for the Greenlight Electricity Centre project located in Sturgeon County, Alberta. The partnership that awarded the contract comprises Pembina Pipeline Corporation, Morgan Stanley Infrastructure Partners and Kineticor Asset Management. Aecon’s C$1.7 billion portion will be recorded in its Construction segment backlog in the third quarter of 2026.