Ghella consortium identified as First Negotiations Proponent for the Eglinton Crosstown West Extension Advance Tunnel project in Toronto

Toronto, Ontario – March 5, 2021: Ghella announced today that West End Connectors, a consortium comprised of Aecon Group Inc. (40%), Dragados Canada Inc. (40%) and Ghella Canada Ltd. (20%), has been identified by Infrastructure Ontario (IO) and Metrolinx as the First Negotiations Proponent (FNP) to design, build and finance the Eglinton Crosstown West Extension (ECWE) Advance Tunnel project in Toronto.

Identification of the FNP is the first step in the negotiations process. Upon successful conclusion of this process, West End Connectors would proceed towards Financial Close in the second quarter of 2021.

Lorenzo Ghella, Vice President of Ghella said: “The Eglinton Tunnel project is strategic for Toronto and its residents. We are proud to have been selected for this work as part of an experienced and dynamic Joint Venture. Our skills and capabilities in underground works will contribute to the successful execution of this important sustainable transportation project. We look forward to working with Infrastructure Ontario and Metrolinx to deliver another state of the art infrastructure for the city of Toronto.”

Press Release_Ghella First Negotiations Proponent_Eglinton Tunnel Project in Toronto