Acciona

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…


Acciona

Acciona and Sacyr chosen by Basque Rail Network to build section of Bilbao underground

Link Securities | A temporary joint venture (UTE in its Spanish initials) in which Acciona and Sacyr participate has been selected by ETS Euskal Trenbide Sarea (Basque Rail Network) to build the second section of Line 5 of the Bilbao Metropolitan Railway between Aperribai and Galdakao, with an extension of 2.8 kilometres, the digital portal CapitalBolsa.com reported yesterday. The works will include the platform and track superstructure of the section,…


Acciona

Acciona awarded one of three 7-year handling licences at Düsseldorf airport

Link Securities | Acciona Airport Services, a subsidiary of Acciona, has been awarded one of three handling licences put out for tender at Düsseldorf  airport. The licence has a duration of seven years. Acciona has been operating at Germany’s third largest airport since 2016, according to Europa Press. Acciona will continue to provide all the services the airlines require for their ground operations. These include passenger check-in and boarding, ramp…


ACS

ACS, Acciona consortium goes up against FCC in one of the biggest tenders currently in the UK; the remodelling of the Haweswater Aqueduct

Link Securities | The alliance of ACS and Acciona is going up against FCC in one of the biggest tenders there are currently in the UK: the remodelling of the Haweswater Aqueduct, located in the north east of England, according to elEconomista.es. The Spanish firms form part of the terna selected by the UK water company United Utilities to bid for the contract for the design, construction, financing and maintainenance,…


Acciona

Acciona hands over to Norwegian authorities the biggest railway tunnel in the Nordic countries; the €1 B project was awarded in 2015

Intermoney | Acciona (Buy, T.P. 245 euros/share) and its partner in the Ghella consortium have handed over to the Norwegian authorities the biggest railway tunnel in the Nordic countries. The 1 billion euros contract for the project was awarded in 2015. The works included the design and construction of the twin tunnels for high speed railway lines of the Follo Line project, the biggest transport initiative developed in Norway up…


iberdrolaTC

Iberdrola, Acciona, Ferrovial, EDPR will compete for some areas to be auctioned in California to install offshore floating wind turbines

Link Securities | Iberdrola, via its susidiary Avangrid, Acciona, Ferrovial and EDPR will compete for some of the five areas which will be up for auction in California to install offshore floating wind turbines. This will be the first offshore wind energy auction on the west coast of the US, as well as the first the country will carry out to support the potential development of offshore floating wind energy on…