ACS

World economy 30th June 2025

ACS to participate in Chile’s National Data Centre Plan after acquisition of Fleischmann

Norbolsa | ACS has acquired Chilean company Fleischmann, which specialises in engineering and air conditioning and has extensive experience in data centres. The operation strengthens its position to participate in Chile’s National Data Centre Plan, with a planned investment of $2.5 billion over five years. The Group has not disclosed the amount of the transaction, but has emphasised that the completion of the purchase is subject to obtaining the relevant…

World economy 26th June 2025

ACS to build and supervise €4.3 billion One Beverly Hills luxury real estate project in Los Angeles

Link Securities | The Spanish construction company, through its subsidiary Turner, will be responsible for building and supervising the One Beverly Hills real estate project, covering seven hectares in the heart of luxury in Los Angeles County (California, USA), the Expansión portal reported yesterday. Turner is listed as the main contractor for the first phase of a project that began last year and is scheduled for completion in 2027. Designed…

In the World 16th June 2025

ACS wins one of Canada’s largest public works contracts: bridge between Saint Catharines and Niagara

Link Securities | ACS (ACS) has strengthened its presence in North America by winning one of Canada’s largest public works contracts, according to Expansión newspaper. The contract is for a new bridge between the cities of Saint Catharines and Niagara (Ontario), with an investment budget of over €1 billion. ACS has won the contract through its American subsidiary FlatironDragados in partnership with local groups Demathieu & Bard and Green Infrastructure…

In the World 6th June 2025

ACS wins €3.25 billion US contract to build new convention centre in Texas

Intermoney | The authorities of Dallas (Texas) have awarded the alliance formed by ACS (Buy, PO €56) through its subsidiary Turner and Aecom Hunt the construction of the Kay Bailey Hutchison Convention Center, a pharaonic work with a budget of around €3,250 million. The two partners, through the joint venture Trinity Alliance, will be responsible for supervising all the services associated with the construction and demolition for the expansion of…

In Europe 3rd June 2025

ACS (Hochtief) and Ferrovial (Budimex), contractors showing most interest in building terminal at Warsaw’s new airport

Link Securities | Investment in Poland’s Centralny Port Komunikacyjny (Central Communication Port) project includes the construction of a new international airport on the outskirts of Warsaw and the development of a large high-speed rail network connecting the facility with major Polish cities, according to the newspaper Expansión. The investment in this programme amounts to around €30 billion, of which €1.2 billion will go towards the construction of a large airport…

In the World 14th April 2025

ACS and Ferrovial selected for construction work on military buildings around US

Link Securities | The US Department of Defense has once again selected ACS and Ferrovial (FER) as preferred contractors to carry out construction work on military buildings in different parts of the country, according to Expansión newspaper. In a memo issued this week, the US Army announced that Ferrovial, through its subsidiary Webber, and ACS, through the recently merged Dragados-Flatiron, are among the companies selected to participate in a contract…

Spanish economy 6th February 2025

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…

In the World 31st January 2025

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…

In the World 16th January 2025

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…

In the World 9th January 2025

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…

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