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News » Canada » Aecon teams up with UK overhead line specialist » published 19 Apr 2018

Aecon teams up with UK overhead line specialist

Aecon and a UK specialist have signed a memorandum of understanding with a view to targeting major rail overhead line electrification works in Canada.

Keltbray has experience in overhead electrification projects in the UK Above: Keltbray has experience in overhead electrification projects in the UK

UK-based Keltbray Group offers engineering, construction, demolition, decommissioning, remediation, rail, reinforced concrete structures and environmental services. It first entered the rail overhead line electrification market in 2010 and the business has continued to grow, but uncertainties about the immediate future of the UK market have now prompted it to look further afield. The strategic agreement with Aecon will take Keltbray overseas for the first time.

Aecon rail electrification director for Canada, Dean Frazer, said: “We at Aecon are absolutely delighted in our new joint venture with UK partners Keltbray. The businesses complement each other in both knowledge and expertise, and will undoubtedly form an integral part in assisting Infrastructure Ontario with delivering the $11.bn of rail overhead contact system electrification works across Canada over the next ten years.”

Keltbray Group CEO Brendan Kerr said: “Our rail overhead line electrification business continues to go from strength to strength, increasing turnover by 11% in 2017. However the immediate future of the UK rail electrification arena looks less certain, and whilst we will maintain our commitment and focus on the UK market, it is only sensible and prudent for us to consider markets overseas which provide a greater degree of certainty in the medium term. Electrification is seen as a cornerstone in Canada’s drive to tackle climate change, and with our track record, we see Canada as a market with major opportunities for Keltbray.”

He added: “I believe our capabilities are a great match. We are in the very early stages of this partnership, but have started to relocate a small team of 10, which will be based in Canada to help us establish and plan for forthcoming tenders and works there over the coming months. While this new venture is exciting, we remain fully committed to winning electrification works and grow our business within the UK, where we continue to see opportunities.”

 

MPU

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This article was published on 19 Apr 2018 (last updated on 19 Apr 2018).

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