Southland Holdings Secures $70M Contract for Winnipeg Sewage Plant Biosolids Upgrade
Portfolio Pulse from Benzinga Newsdesk
Southland Holdings, Inc. (NYSE:SLND) has secured a $70 million contract for the Winnipeg North End Sewage Treatment Plant Biosolids Facilities Upgrade project. The project is a joint venture with Aecon Group Inc. and MWH Constructors Canada Ltd., with Southland holding a 33.3% share. The contract will be added to Southland's backlog in Q3 2024.
October 02, 2024 | 11:04 am
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Southland Holdings has secured a $70 million contract for a sewage plant upgrade in Winnipeg, which will be added to its backlog in Q3 2024. This project is part of a joint venture with a 33.3% share for Southland.
The $70 million contract will positively impact Southland Holdings by increasing its backlog in Q3 2024. The project is significant as it involves a major sewage treatment plant in Winnipeg, enhancing Southland's portfolio and revenue potential.
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