Sacyr

Sacyr

Sacyr, Acciona and Plenary Americas consortium closes financing for construction of Calcasieu River Bridge

Link Securities | The Calcasieu Bridge Partners (CBP) consortium, formed by Sacyr (SCYR), Acciona (ANA) and Plenary Americas, has reached financial closure for the design, construction, operation and maintenance for 50 years of the bridge over the Calcasieu River, part of the Interstate Highway (I-10), in Louisiana (USA), according to Expansión newspaper. According to Efe, the financing includes a tax-exempt private activity bond issue for an amount of $1.333 billion…


Sacyr

Sacyr awarded concession for Northern Airport Network in Chile

Intermoney | As reported Tuesday by the company, Sacyr (SCYR) (Buy, PO €4.4) has been awarded the concession of the Northern Airport Network of Chile, which includes the airports of Atacama and Antofagasta. The consortium is made up of Sacyr Concesiones (70%) and Cointer (30%). The contract covers the operation and expansion of the two terminals of both airports. The concession foresees an investment of approx. €266 million and has…


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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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Sacyr brings entire Pamplona-Cúcuta road in Colombia into service

Intermoney | Sacyr (Buy, PO 4.0 €) reported yesterday, with the market open, the commissioning of the last remaining sections of the Pamplona-Cúcuta road project in the Department of Norte de Santander (Colombia). The 62.6 km long road has 72.2 km of rehabilitated sections and 50.2 km of new construction and has required an investment of €592 million. The Group will manage the project until 2046 through the concessionaire Unión…


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Sacyr inaugurates Uruguay Central Railway after investment of €915 M

The President of Uruguay, Luis Lacalle Pou, together with other government and business authorities, has inaugurated the Ferrocarril Central de Uruguay project, a railway corridor linking the city of Paso de los Toros, in the centre of the country, with the port of Montevideo, built by the Grupo Vía Central consortium, led by Sacyr (SCYR) Concesiones. The new line has an extension of 265 kilometres and required the laying of…


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Ferrovial, Acciona and Sacyr win €3,131-million contract for construction and 30-year concession for 35-km Lima ring road

Ferrovial (FER) informed the CNMV that the Anillo Vial Periférico Consortium formed by FER, Acciona (ANA) and Sacyr (SCYR) has been selected to develop the Anillo Vial Periférico de Lima (Peru) project under the concession format with an investment of $3.4 billion (about €3.131 billion). This amount includes contributions of public funds from the government. Within the consortium in charge of the project, FER, through its toll road subsidiary Cintra,…


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Eurolink consortium, 18.5% owned by Sacyr, get green light for Messina bridge project to be carried out

Banco Sabadell: According to press reports, the Board of Directors of the public company Stretto di Messina has approved the update of the Messina Bridge construction project, which will link the island of Sicily with the Italian mainland via a bridge of almost 4 km. Italy will pay €12,000 million to Eurolink, a consortium in which SCYR holds an 18.5% stake. Work is due to start this summer and be…


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DWS Investment (Deutsche Bank) raises 3.3% of Sacyr’s share capital

CdM| DWS Investment, Deutsche Bank’s fund manager, has raised a 3.26% stake in the capital of Sacyr, thus becoming one of the significant shareholders of the construction and concessions company. According to the National Securities Market Commission (CNMV) records, and as reported by Europa Press, the German fund manager’s operation translates into 22.3 million shares, valued at current market prices of €71.5 million.


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Goldman Sachs cuts stake in Sacyr from 7.347% to 1.145%, no longer third largest shareholder

Link Securities| US investment bank Goldman Sachs has cut its stake in Sacyr to 1.145% from the 7.347% that had previously made it the third largest shareholder, according to the CNMV’s registers, as Expansión newspaper reports in today’s edition. Of this stake, 0.025% of the voting rights attributed to the shares are held indirectly and 1.120% through financial instruments. Thus, the company remains in Sacyr’s capital behind Disa, which has…


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Italian court confirms Sacyr’s concession for motorways near Turin, project will generate more than €2.9 over 12 years

Intermoney | As reported yesterday by the company, the Italian Council of State has confirmed to the SIS consortium, formed by Fininc and Sacyr (Buy, PO, €), the award of the operation of a series of motorways in the vicinity of Turin; these assets, already in operation, total 320 kilometres. This contract, awarded by the Italian Ministry of Infrastructure and Transport in June 2021, has now been confirmed by the…