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BRIEF-Transitnext Finalizes Contract For Trillium Line Extension Project

Published 2019-03-29, 04:07 p/m
© Reuters.  BRIEF-Transitnext Finalizes Contract For Trillium Line Extension Project
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March 29 (Reuters) - SNC-Lavalin Group Inc SNC.TO :

* TRANSITNEXT FINALIZES CONTRACT FOR TRILLIUM LINE EXTENSION PROJECT

* SNC-LAVALIN GROUP INC - AGREEMENT WITH CITY OF OTTAWA FOR TRILLIUM LINE EXTENSION MARKS BEGINNING OF A FIXED-PRICE CONTRACT WORTH $663 MILLION

* SNC-LAVALIN GROUP INC - PROVIDING $136 MILLION IN AN UPFRONT PRIVATE DEFERRED CONTRIBUTION IN CONTRACT

* SNC-LAVALIN GROUP INC - TOTAL PROJECT IS VALUED AT $1.6 BILLION

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