Acciona

acciona

Acciona signs agreement potentially worth around €1.37 billion for Toronto underground extension

Link Securities| A consortium participated by Acciona (ANA) has signed an agreement with the Ontario administration in Canada for the development of a new section of the Toronto underground extension currently underway, with an estimated maximum value of up to CA$2 billion (around €1.37 billion), according to the newspaper Expansión. Acciona’s joint venture with Canada’s Amico has thus beaten the other two bids submitted in the tender, the first consisting…


acciona

Acciona to bid for Line 7 of Riyadh metro together with Siemens, Samsung and Alayuni, and against FCC and its consortium

Link Securities | Acciona and FCC are part of two consortiums formed to bid for the construction of the new Line 7 of the Riyadh metro in Saudi Arabia, according to sources consulted by the newspaper Expansión. Specifically, Acciona has formed an alliance with Siemens, Samsung and Alayuni. In addition, FCC, as part of the consortium that won in 2013 one of the lots to design and build the first…


atlanta toll road

Acciona, ACS and Meridiam in consortium competing with Ferrovial and Macquarie for €2-billion SR-400 Express Lanes project in Atlanta

Link Securities| Acciona and ACS, on the one hand, and Ferrovial, on the other, are part of the two consortia that have entered the final phase to design, build, finance, operate and maintain one of the largest toll road projects underway in the US, the SR-400 Express Lanes in Atlanta, Georgia. The value of the project, implemented through a managed lanes model (dynamic tolls), is estimated at approximately €2 billion….


acciona desaladora

Acciona wins €1.7 billion contract to build desalination plant in Australia

Intermoney: The Government of Western Australia has provisionally chosen the bid submitted by Acciona (Buy, PO 215) to build the Alkimos seawater desalination plant, located some 40 kilometres from Perth, the state capital, according to Expansión newspaper. This is one of the largest water facilities to be built by the Spanish multinational, as the budget allocated by the local authorities for this infrastructure amounts to AU$2.8 billion (about €1.7 billion)….


Acciona energia

Acciona Energía bids to develop 800 MW in Morocco

Intermoney| Acciona Energia (Buy, €34) is among the pre-qualified bidders in the tender for the development and operation of 800 MW in Morocco, a phase included in the overall plan to promote a total of 1,600 MW. The company is participating in this tender with a local partner, while Iberdrola, also pre-qualified, has presented itself alone. The other participants include Vinci, which is represented by Cobra, acquired two years ago…


acciona tunel

ACS and Acciona enter consortium to build several tunnels in Melbourne in €2.204 billion contract

Link Securities | A consortium formed by ACS (ACS) (through Cimic’s CPB Contractors), Acciona (ANA) and Italy’s Ghella, will build several tunnels for the Suburban Rail Loop East rail project in the Australian city of Melbourne, according to the newspaper Expansión. CPB, an Australian company owned by Cimic (controlled by ACS), has a 40% stake in this contract, valued at AU$3.6 billion (about €2.204 billion). The contract awarded to this…


bogota metro

Sacyr, Acciona and CAF, compete for construction and operation of Bogotá’s new Metro Line 2, with investment budget of €6.5 billion

Link Securities | The construction companies Sacyr (SCYR) and Acciona (ANA), together with the train manufacturer Construcciones y Auxiliar de Ferrocarriles (CAF), are competing against the large network of Chinese state-owned corporations to build and operate the new Line 2 of the Bogotá Metro in Colombia, the largest project in Latin America, with an estimated investment budget of €6.5 billion, according to Expansión. The city council of the Colombian capital…


Acciona energia

DBRS Morningstar gives Acciona a ‘BBB’ rating; company wins AUS 120-million Majors Road Interchange project in Australia

Link Securities | Acciona (ANA) informed the CNMV that the credit rating agency DBRS Ratings GmbH (DBRS Morningstar) confirmed Acciona’s rating of ‘BBB’, as well as its short-term rating of ‘R-2 (middle)’, both with a ‘Stable’ trend. These ratings are Investment Grade. Meanwhile, according to Capital Bolsa.com, the Federal MP for Kingston, Amanda Rishworth, the Federal MP for Boothby, Louise Miller-Frost, the South Australian Minister for Infrastructure and Transport, Tom…


Acciona

Acciona to introduce use of renewable biofuel generated from plant waste on Fargo-Moorhead canal works

Link Securities | Acciona (ANA) has launched an initiative in the construction of the Fargo-Moorhead anti-flood canal in the United States to introduce for the first time the use of renewable biofuel generated from hydrotreated vegetable waste oil (HVO) to power heavy machinery for civil works, according to Europa Press. This action is part of the Spanish company’s aim to decarbonise the construction of infrastructures, applying it in this case…


Acciona

Acciona confirms Renomar deal with stake increase to 75%

Banco Sabadell| ANE announced at the close that it has increased its stake in Renomar to 75% (indirectly; from 50% previously, accounted for by the equity method with a book value of €101 million at year-end 2022 / 0.7% of EV) following the acquisition of 50% of Med Wind Energy which, in turn, holds the other 50% of Renomar, as well as a portfolio of projects under development in the…