Ferrovial

Companies 9th August 2012

Ferrovial named preferred bidder for UK’s Calderdale highways contract

LONDON | Amey, Ferrovial Services’ British subsidiary, was named today preferred bidder to take on a highways maintenance contract with Calderdale Council worth up to £120 million. Amey has been Calderdale’s highways maintenance and street lighting provider since May 2000, “and this announcement signals the start of new five year contract with Calderdale Council providing a wider range of services. The contract will begin in October 2012 for five years, with the option to extend…

Companies 1st August 2012

Ferrovial builds first wind-powered charging station for electric cars

BARCELONA | Through its municipal and environmental services subsidiary Cespa, Ferrovial Services announced it has installed the first wind-powered recharging station for electric vehicles in Europe. The station, equipped with a 4 kW wind turbine, is the first in Europe to generate electricity from wind and use it for vehicle recharging. Cespa manages municipal waste collection and cleaning contracts in western Barcelona as well as an end-to-end garden maintenance contract in…

Companies 23rd May 2012

Ferrovial consortium wins Ontario’s Highway 407 East contract

MADRID | Spain’s Ferrovial announced Wednesday that its subsidiary Cintra Infraestructuras, in a 50% consortium with SNC-Lavalin, was awarded the €78-million contract for the first phase of the Highway 407 East project in Ontario, Canada. The group was appointed by Infrastructure Ontario and the Ontario Ministry of Transportation. Phase one of the new highway will extend 22 kilometers east from Brock Road in Pickering, Ontario to Harmony Road in Oshawa, Ontario….

Companies 9th May 2012

Ferrovial will set up its Intelligent City research centre in Santander

MADRID | Ferrovial and the local authorities of the Spanish city of Santander reached an agreement to create a research centre for Intelligent Cities, the company said on Wednesday. The Centre’s researchers may also work on projects implemented under the cooperation agreement between Ferrovial and Massachusetts Institute of Technology (MIT). This new public-private initiative in the area of research and urban development will adopt an open innovation approach which enables it to join projects…

Companies 27th April 2012

Ferrovial’s UK subsidiary Amey increased revenues by 22%

MADRID | The Spanish global infrastructure company Ferrovial has published its results for the first quarter of 2012. The firm said it obtained €192 million of earnings before interest, taxes, depreciation, and amortisation compared with €172 million in the first three months of last year, that is, a rise of 11.7%. In the first few months of 2012, Ferrovial’s main businesses improved, particularly revenues at its British division Amey, and international construction, mainly Budimex. Revenues amounted to…

Companies 23rd April 2012

Ferrovial closes successful sale of Edinburgh airport for £807 million

MADRID/LONDON | BAA, the company owned by a Spain’s Ferrovial-led consortium and that manages most airports in the UK, announced Monday the sale of its 100% interest in Edinburgh Airport Limited. The asset will be acquired by Global Infrastructure Partners GIP for £807.2 million, which surpasses in some £200 million estimations made in advance by analysts in the Madrid financial City. The news was favourably received by most experts. In several investor…

Companies 20th April 2012

Ferrovial wins €109-million contract in Madrid-Galicia high-speed railway

MADRID | Ferrovial Agroman, a construction subsidiary of Ferrovial, was awarded a contract to build the Padornelo Tunnel-Lubián section of the Madrid-Galicia high-speed railway line, for €108.8 million. The section of line, which is 7.6 kilometers long and will have a single-track 8.5-meter wide bed, crosses the Requejo and Lubián municipalities, in Zamora province. The project includes the construction of the right gallery of the Pardonelo Tunnel (6,407 meters long) and galleries…

Companies 12th April 2012

Ferrovial awarded Sheffield €2.4bn infrastructure maintenance contract

LONDON/MADRID | Sheffield City Council in England announced that Ferrovial Services’ subsidiary Amey was the preferred bidder for a contract to maintain the city’s infrastructure in a project worth £2 billion or €2.425 billion in revenues. The contract includes a 5-year programme of upgrade works, followed by maintenance for 25 years. The Ferrovial Services subsidiary will take responsibility for 1,900 km of road, 68,000 street lights, 500 traffic signals, 600 bridges and other structures, 2,400 retaining walls…

Companies 20th February 2012

Abertis, ACS do not fear the UK

By Julia Pastor, in Madrid | In spite of the many difficulties that Spanish construction companies find in the UK, these firms remain undeterred and keep on defending their assets in Great Britain, as well as fighting to obtain new contracts in the country. This is the case of Abertis Infraestructuras, which will bring to court Luton Borough Council in a €360-million compensation claim if the local authority forced it to…

Companies 6th February 2012

Ferrovial, Técnicas Reunidas go for the British nuclear plants

By Tania Suárez, in Madrid | The Spanish companies Ferrovial and Técnicas Reunidas (TRE) have joined forces to bid for British nuclear plants. According to UK Government, the British Nuclear Plan would entail a substantial £50 billion investment over the next decades. Ferrovial and TRE have already sealed a framework agreement to work together in large projects related to construction, engineering and operation of nuclear plants. Experts from Bankinter point…

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