• Hochtief AG’s FlatironDragados-led Mactaquac Improvement Partnership signed a development phase agreement with NB Power for the Mactaquac Life Achievement Project.
• Early contractor involvement sets a 12-month phase to refine design, schedule, cost estimates for rehabilitation of the 672-MW Mactaquac Generating Station.
• Construction contract decision follows development phase approvals; construction targeted for Q2 2027, completion expected in 2039.
• Program aims to extend the hydro facility’s operating life through 2068, addressing deterioration from alkali-aggregate reaction.
• Partnership includes FlatironDragados, Aecon, Green Infrastructure Partners.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hochtief AG published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein.