ACS

ACS novisimo

41.01% of ACS holders decide to receive flexible dividend of €0.454/share in cash

Link Securities headquarters| In relation to the second execution of the bonus share issue approved by the General Shareholders’ Meeting of ACS (ACS) on May 10, 2024 to implement an optional dividend system, the company announces the following: The irrevocable commitment to purchase rights assumed by ACS has been accepted by holders of 41.01% of the free allocation rights, which has determined the acquisition by ACS of 111,416,240 rights for…


infraestructuras australia

ACS and Acciona on EnergyCo’s shortlist to build one of largest high-voltage projects in Australia, with €700 million investment

Link Securities | ACS (ACS) and Acciona (ANA) are on the shortlist selected by EnergyCo, the public utility of New South Wales (Australia) to build one of its largest high-voltage projects, according to Expansión on Friday. The project is the Hunter Transmission project, a 110-kilometre section north of Sydney that involves the construction of a new 500 kilovolt (kV) transmission line. The estimated investment in the project is AU$ 1.1…


Etihad Park ACS

ACS subsidiary Turner builds $780m state-of-the-art stadium in New York City

Link Securities| Turner Construction, the US subsidiary of ACS (ACS), has officially begun construction of Etihad Park, a $780 million state-of-the-art stadium in New York, which has been fully financed by New York City FC, according to Bolsamania on Wednesday. The developer says Etihad Park is poised to become a turning point for football fans and the local community as the first professional football-specific stadium in New York City. The…


ACS novisimo

ACS wins €320m mining contract in Indonesia through Thiess subsidiary

Intermoney | ACS (Buy, PO 48 €), through its subsidiary Thiess, has won a contract in Indonesia valued at 320 M€ to carry out mining operations for six years in Central Kalimantan, according to Expansión newspaper. Thiess will be responsible for all mining activities, including setting up facilities, technical services, overburden removal and water management. Work will begin in early 2025 and will be aligned with Thiess’ strategic focus on…


ACS Fachada

ACS subsidiary Turner to build state-of-the-art Emergency Operations Centre in Costa Mesa, California

Link Securities | Turner, ACS’s US subsidiary, has won a $158 million (around €150.4 million) contract to build a state-of-the-art Emergency Operations Center in Costa Mesa (California, USA), Expansión reports today. As reported by Turner on Monday, the facility will strengthen emergency preparedness and response capabilities in Southern California by providing critical infrastructure for disaster and emergency management. The centre will coordinate emergency management and disaster response.


ACS novisimo

ACS, through Turner, forms part of consortium to build data centres for Meta in US for €9.5 billion

Intermoney | ACS (Buy, PO €48), through its US subsidiary Turner, is part of a consortium of contractors that will build a large data centre complex in the US state of Louisiana, which will require an investment of around €9.5 billion, according to Expansión newspaper on Thursday. Other developers involved in the project include DPR and Morterson. According to Turner, the new 122,000 square metre campus will be Meta’s largest…


ACS novisimo

ACS wins new contract to build €1,850-million data centre in Ohio

Intermoney | ACS (ACS) (Buy, PO 48 ), through Turner, its main subsidiary in the United States, has won a new contract to build a data centre campus in New Albany (Ohio) commissioned by Vantage, owned by the Silver Lake fund. The €1.85 billion project will involve the construction of three new buildings with a combined capacity of 192 megawatts (MW). It is the technology giant’s first asset in the…



ACS new

No competition concerns raised by ACS subsidiary Turner’s acquisition of Irish engineering firm Dornan

Link Securities | The European Commission (EC) has approved the acquisition of Irish engineering firm Dornan by Turner, a subsidiary of Spain’s ACS, concluding that the deal does not raise competition concerns, digital portal Bolsamania.com reported yesterday. The EC explained that the companies are not active in the same markets or in vertically related markets as it relates to the supply of mechanical and electrical engineering services. It should be…


ACS novisimo

Dragados (ACS), selected for design and construction of new passenger tunnels at Elephant & Castle Underground Station

Link Securities | ACS (ACS), through its subsidiary Dragados, has increased its presence in Transport for London projects, according to Expansión newspaper. Transport for London (TfL) has selected the Spanish group’s proposal for the design and construction of new passenger tunnels at Elephant & Castle Underground station. The project involves the excavation of around 135 metres of pedestrian tunnels linking the new station with the platforms and the existing bridge….