Aecon Group Inc., through its subsidiary Aecon Utilities Group Inc., entered into a definitive share purchase agreement on November 3, 2025 to acquire K.P.C. Power Electrical Ltd. and K.P.C. Energy Metering Solutions Ltd. (collectively, KPC), an Ontario-headquartered contractor specializing in high-voltage testing, commissioning and energy metering solutions. The transaction is financed through Aecon Utilities’ standalone committed revolving credit facility and, upon completion, KPC’s existing management and operational teams remain in place, with approximately 100 employees serving mainly local distribution companies in Ontario. Aecon later announced completion of the previously agreed acquisition, confirming that KPC will support Aecon Utilities’ strategy to capitalize on grid modernization, electrification, and infrastructure upgrade opportunities in the Ontario utilities market.