News Releases

SNC-LAVALIN COMPLETES LANDMARK ACQUISITION OF KENTZ - A KEY MILESTONE IN SNC-LAVALIN’S ONGOING TRANSFORMATION INTO A GLOBAL TIER-1 ENGINEERING AND CONSTRUCTION COMPANY

Montreal | August 22, 2014
SNC-Lavalin Group Inc. (TSX: SNC) is pleased to announce that it has completed its acquisition of Kentz Corporation Limited, a global company with 15,500 employees operating in 36 countries.

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SNC-LAVALIN AWARDED CONTRACT BY COMPETITIVE POWER VENTURES FOR ST. CHARLES ENERGY CENTER PROJECT

Montreal | August 13, 2014
SNC-Lavalin (TSX: SNC) is pleased to announce that it has been awarded the engineering, balance of plant procurement, and construction (EPC) contract for the St. Charles Energy Center Project in Maryland by Competitive Power Ventures, Inc. (“CPV”), a leading North American electric power generation development and asset management company.

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SNC-LAVALIN SELECTED AS ONE OF TWO PROJECT MANAGEMENT SERVICE PROVIDERS BY INFRASTRUCTURE ONTARIO

Montreal | August 12, 2014
SNC-Lavalin (TSX: SNC) has been awarded a five-year contract, with the possibility of five one-year extension terms exercisable at Infrastructure Ontario’s option, to deliver integrated real estate solutions projects on behalf of Infrastructure Ontario and its 26 ministry clients.

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SNC-LAVALIN ENTERS INTO AGREEMENT TO SELL ITS 21 PERCENT INTEREST IN ASTORIA I

Montreal | August 11, 2014
SNC-Lavalin Inc. (TSX: SNC) today announced that, following a competitive process, it has reached an agreement to sell its 21 percent interest (economic) in Astoria Project Partners LLC (Astoria I) . This transaction is subject to customary adjustments, closing conditions, regulatory approvals and the provisions of the Astoria I governing documents. Astoria Project Partners LLC, through its wholly owned subsidiary, owns and operates a gas-fired combined-cycle power plant in Queens, New York City

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KENTZ SHAREHOLDERS VOTE IN FAVOUR OF ACCEPTING SNC-LAVALIN OFFER

Montreal | August 11, 2014
SNC-Lavalin Group Inc. (TSX: SNC) is pleased to announce that, following Kentz’s Extraordinary General Meeting held in London today, Kentz’s shareholders voted in favour of SNC-Lavalin’s recommended cash offer of £1.2 billion (C$2.1 billion).

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