OHLA

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OHLA wins two new contracts in US valued at around €330m

Link Securities | The company has been awarded, through its subsidiaries OHLA Building and OHLA USA, two new projects in the US for a combined value of $350 million (about €330 million), according to the portal Bolsamania.com. The largest contract, valued at $228 million (around €214 million) and awarded to OHLA Building, includes the design and construction of new facilities for the correctional and rehabilitation centre in Miami-Dade County, Florida.


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OHLA wins €140 million project in Brazil

According to press reports, OHLA has been awarded in consortium the execution of lot 3 of the Salvador de Bahia tramway between Aguas Bravas and Piata (construction of a 10.5 km section, 8 surface stations, an interchange station and a viaduct) for €140 million. Assessment: Positive news with limited impact. This contract represents ~2% of the Construction project portfolio.


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OHLA delivers first four stations of Miami-Dade County Rapid Transit Corridor

Link Securities | OHLA (OHLA) announced on Tuesday that, through its subsidiary OHLA USA, it has completed an important milestone in the South Corridor Bus Rapid Transit (BRT) project in Florida (United States), with the delivery of the first four BRT stations of this corridor of more than 32 kilometres in length, exclusively for buses. The objective of the contract, valued at €325.9 million and awarded by the Miami-Dade County…


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OHLA awarded contract with Swedish Transport Agency for new railway project worth €160 million

Link Securities | OHLA (OHLA) continues to boost its portfolio in Europe after being awarded a contract by the Swedish Transport Agency (Trafikverket) for a new railway project worth €160 million. Specifically, the company will carry out improvements to the Ostlänken railway line in Gerstaberg, 80 kilometres south of Stockholm, and will undertake the start of the new high-speed railway line linking this city and Norrköping. This infrastructure will be…


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OHLA to launch two consecutive capital increases for total amount of up to €150 million

Link Securities | In connection with a forthcoming share capital increase operation for an effective amount (nominal amount plus share premium) of €100,000,000 by means of cash contributions with recognition of pre-emptive subscription rights, OHLA informs that it has continued to work on the search for investors interested in investing in OHLA’s capital. In this regard, the company informs that it has reached an agreement of intent, subject to conditions,…


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Sacyr and OHLA among shortlisted bidders in tender for toll road concession in Peru with €950m investment

Link Securities | Sacyr (SCYR) and OHLA (OHLA), together with five other rivals, have been shortlisted in a tender in Peru for a toll road concession that will require an investment of $1,026 million (around €950 million). This is the “Longitudinal de la Sierra Tramo 4” project, which includes the design, financing, construction, operation and maintenance of 965 kilometres of toll roads over a concession period of 25 years. The…


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OHLA wins contract worth over €50 million for water treatment plant in Panama

Link Securities| Spanish construction company OHLA (OHLA) announced on Wednesday that it has won a new contract in Panama that includes the design and construction for the expansion of a water treatment plant in Mendoza, west of Panama City, in the district of La Chorrera for more than €50 million. The existing plant, with a treatment capacity of 160,000 m3/day, will be joined by a new plant with a purification…


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OHLA to participate in reconstruction of railway station in Czechia for more than €120 million

Link Securities| OHLA will participate in the Temporary Joint Venture (TJV) in charge of the reconstruction of the Brno-Královo Pole railway station, located in the Czech Republic, for more than €120 million, through its subsidiary OHLA ZS, as reported on Monday by Europa Press. This is one of the main railway contracts awarded by the company this year in the country and includes railway superstructure and substructure, platforms, bridges, walls,…


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OHLA wins two contracts in California worth around €180 million

Bankinter| OHLA has been awarded two new civil works contracts in California, United States, worth close to €180 million, according to Europa Press. Specifically, the first contract, awarded by the San Gabriel Valley Council of Governments for nearly €127 million, involves the construction of a bridge at the Union Pacific Railroad crossings at Montebello Boulevard and Olympic Boulevard, creating an underpass. The company said the project will significantly reduce traffic…


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OHLA to modernise Brno North thermal power plant in Czechia for around €100 million

Link Securities | The construction company OHLA has been awarded a contract in the Czech Republic valued at around €100 million to modernise the Brno North thermal power plant, one of the largest renewable energy projects announced this year in the country, Europa Press reported yesterday. The scope of the contract, awarded by the state-owned company Teplárny Brno, consists of modernising part of the plant for the combined production of…