Bird wins $575M in projects

Bird Construction has been selected for five projects with a total combined value exceeding $575 million. These projects include civil site works and foundations at two industrial projects in Alberta and Saskatchewan, a multi-year master service agreement (MSA) in the petrochemical sector, an expansion in scope of an existing multi-year task order in the nuclear sector in Ontario, and a long-term care project in B.C.

Here are the project details:

• Bird has been awarded a civil and concrete package for works at Dow’s Path2Zero Project. In late 2023, Dow Chemical announced its plans to invest $6.5B USD billion in the world’s first net-zero petrochemical project, which involves a brownfield expansion and retrofitting of its existing manufacturing site in Fort Saskatchewan, Alberta.
• The 2NationsBird joint venture has been awarded foundations and underground utilities work at SaskPower’s Aspen Power Station Project, a 370-megawatt power station that will support renewable power generation and provide reliable power in Saskatchewan.
• Bird’s maintenance, repair, and operations (MRO) team has been awarded a five-year MSA with an existing long-term client. The award aligns with Bird’s strategic goal of further sector diversification through growing its portfolio within the petrochemical industry, as well as unlocking expanded services with existing clients in core geographies. The award highlights our MRO business’ full service, self-perform general contracting capabilities.
• Bird’s team was awarded a second year of a previously announced multi-year task order under the Port Hope Area Initiative (PHAI) Master Construction Contract by Canadian Nuclear Laboratories after completion of the first full year, showcasing Bird’s ability to lead and execute environmental remediation within the nuclear sector.
• Bird’s BC Buildings team was selected for another long-term care project in B.C., supporting growing demand for long term care services across the province.

“We continue to grow our diverse portfolio with projects spanning multiple sectors, with healthy contributions from multi-year recurring revenue awards. Our proven track record in successfully delivering early works on major industrial projects strategically positions us to pursue full project life cycle opportunities,” stated Teri McKibbon, President and CEO of Bird. “With robust demand in our target sectors, we remain disciplined in our project selection and focused on delivering strong performance through 2024 and beyond, with ongoing value creation for our shareholders.”