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Metro Vancouver Settles with Acciona for $235M

Metro Vancouver Settles with Acciona for $235M

Published 1 week, 2 days ago
Description

Metro Vancouver settles with Acciona over scrapped wastewater plant project, paying $235M to avoid $250M claim and dropping $1B countersuit. The original deal was cancelled due to site issues and payment disputes, with PCL Constructors taking over. Residents face increased household bills, while an independent review of the project resumes. The settlement allows Metro to move forward with the $3.8B plant, replacing the old Lions Gate setup without further legal battles.

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