FCC

Companies 24th November 2025

FCC in final running to win contract to design and build Austin light rail system, valued at €2.8 billion

Link Securities | FCC (FCC) is in the final race as leader of a consortium to win the contract to design and build the first phase of the Austin light rail system in Texas (United States), according to a report on Monday in the newspaper elEconomista. The value of this tender is estimated at around $3.2 billion (approximately €2.8 billion at the current exchange rate). The cost of the project…

Companies, Relevant News Item 12th November 2025

Major Spanish construction companies form consortiums to bid for macro-contract to expand and operate I-77 South motorway (North Carolina)

Link Securities | Acciona, ACS, FCC, Ferrovial and Sacyr are preparing their bids for a new macro-road project in the US, according to an article in elEconomista.es. They are finalising their alliances to submit their credentials in mid-December in the tender for the expansion and subsequent operation, using a managed lanes model, of the I-77 South motorway in North Carolina. The project will require an estimated investment of between $3.2…

Companies, European economy 28th October 2025

UK cancels FCC’s €1.95 billion motorway project near Stonehenge

Bankinter | According to press reports, the United Kingdom has announced the cancellation of the project to build a motorway near Stonehenge. We recall that the project was awarded in 2022 to a consortium formed by FCC, Webuild, and BeMo Tunnelling and had a budget of around £1.7 billion (approximately €1.95 billion). According to the same source, FCC had completed the design work but had not yet begun construction. Assessment:…

Companies 24th September 2025

FCC, Comsa, OHLA and Azvi form consortia to bid for railway corridor in Mexico

Link Securities | FCC (FCC), Comsa, OHLA (OHLA), and Azvi have formed consortiums to bid for the railway corridor connecting Saltillo with Nuevo Laredo, and the connection between Querétaro and Irapuato, in Mexico, according to a report in Expansión newspaper on Wednesday. These contracts could require a joint investment of around €2.157 billion. The Spanish companies’ consortiums are competing against the local ICA and other foreign giants such as Portugal’s…

Companies 19th September 2025

Carso Group and FCC, both controlled by Carlos Slim, to build 111-km section of Saltillo-Nuevo Laredo corridor in Mexico for €1.47 billion

Alphavalue / Divacons | Grupo Carso and FCC, both controlled by Carlos Slim, will build a 111 km section of the Saltillo-Nuevo Laredo corridor for €1.47 billion. Slim thus becomes one of the largest contractors on Sheinbaum’s flagship project, valued at more than €6 billion, which will run through Coahuila, Nuevo León and Tamaulipas. In other news, a consortium also led by the Spanish construction company has been selected in…

Companies 18th September 2025

Saudi Arabia selects consortium led by FCC to bid for construction and operation of office complex in Riyadh

Link Securities | The Saudi Arabian Ministry of Defence and the state agency responsible for launching public-private partnership contracts has selected a consortium led by Spain’s FCC (FCC) to bid for the construction and subsequent 27-year operation of an office complex in the capital Riyadh, according to a report in Expansión newspaper on Thursday. The investment budget for the asset is around €500 million. Located north of Riyadh, the building…

Companies 20th August 2025

FCC wins €1.7-billion contract to build tunnels for extension of New York subway

Link Securities | The Spanish construction company, in consortium with the US company Halmar, has been awarded a contract worth $1.972 billion (approximately €1.7 billion) in the United States to build tunnels for an extension of the New York subway, according to elEconomista. The award has been approved by the New York Metropolitan Transportation Authority, which will give both companies four years to complete the project. In New York, FCC…

Companies, In Spain, Relevant News Item 18th July 2025

FCC-Ferrovial consortium wins first section of Burgos-Vitoria high-speed rail line for €323 million

Alphavalue/ Divacons | The two construction companies, through a consortium formed in equal parts by both groups, will build the first section of high-speed rail between Burgos and Vitoria. The award of this section of the Basque AVE, valued at €323 million, comes after the disqualification of other competitors such as ACS, Acciona, Sacyr, OHLA and Grupo San José. The starting price for the tender proposed by Adif, the public…

Relevant News Item 11th July 2025

FCC registers deed of increase in paid-up capital: share capital set at €472 million

Link Securities | FCC (FCC) announces that on Thursday the public deed relating to the company’s paid-up capital increase was registered in the Commercial Register, through which the flexible dividend (scrip dividend) agreed by the Ordinary General Shareholders’ Meeting of FCC held on 12 June 2025 was implemented, for a nominal amount of €18,115,902.00 through the issue of 18,115,902 new shares in the company with a nominal value of €1…

Spanish economy 10th October 2024

Spin-off of FCC’s Cement and Real Estate divisions could help crystallise value, but how Cement division fits in not clear

Banco Sabadell : According to CNMV records, Melinda French Gates has floated a 4.3% stake in FCC. This move would be related to the stake reduction announced by Bill Gates last week (to 1.9% from 5.7%). On the other hand, press reports indicate that it expects to list its Cement (99% FCC; 4% EV FCC) and Real Estate (80% FCC; 17% EV FCC) subsidiary called Inmocemento in November this year….

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