- 05.09.2011, 11:03:36
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- OTE0003
Isolux Infrastructure Wins a Further 247 km of Power Lines in Brazil
Madrid, Spain (ots/PRNewswire) -
Isolux Infrastructure is the multinational company, recently
created to hold and operate the concessions business of the Isolux
Corsán Group in toll roads, power-transmission lines and photovoltaic
solar-energy generation. Today it was awarded a further 247
kilometres of transmission lines at an auction held by the Brazilian
National Energy Authority (ANEEL) at the headquarters of the
BM&FBovespa stock exchange, in São Paulo.
Twelve packages of transmission lines and substationswere
tendered, with Isolux Infrastructure winning the one for power
transmission lines from Taubaté to Nova Iguaçu (straddling the states
of Rio de Janeiro and São Paulo) and the substations in Nova Iguaçu,
in the state of Rio de Janeiro. This new power transmission line and
the substations will form part of the Cachoeira Paulista grid, which
is already operated by the company.
With a total capex of close to EUR 129 m (R$ 300m), the new line
has a maximum of 26 months to come into operation. It is expected to
produce annual revenues of EUR 11,99m(R$ 27.9m)The concession
agreement is for 30 years, with prospects to generate 1,900 direct
jobs.
With this latest contract, Isolux Infrastructure now has 5,447
kilometres of transmission lines, consolidating its position as one
of the major players in the power transmission business world-wide.
It also revalidates its focus on the Brazilian market.
About Isolux Infrastructure
Isolux Infrastructure is the Isolux Corsán subsidiary managing and
operating the Group's concessions business. Its assets include
infrastructure concessions in the road and energy sectors, with total
capex of over EUR7.5 bn. In toll road concessions, it operates of
nearly 1,600 kilometres of toll roads, located in India (710 km),
Brazil (680 km), Mexico (155km) and Spain (64 km). In transmission
lines, it is a major international player, with over 5,200 kilometres
world-wide: 3,032 km in Brazil (in five projects), 1,600 km in India
and 605 km in the USA. In solar PV power generation, it one of the
largest operators, with 42 photovoltaic power plants online and an
installed capacity of 168 MW, which generated 223 GWh of clean energy
in 2010. It also has over 60 MW under construction in India and Peru,
and an interesting pipeline in the United States, Chile and
elsewhere. Isolux Infrastructure's geographical diversification
enables it to operate efficiently in emerging economies (India,
Brazil, Mexico and Peru) and in consolidated economies (USA, Italy,
Spain). This combination between developing and mature markets endows
the new company with enormous versatility, so that it can respond
immediately to the latest market conditions.
About Isolux Corsán
Isolux Corsán is a benchmark in the engineering, construction and
operation of large infrastructure projects under concession
worldwide. It currently operates in 26 countries on four continents.
It also has long-standing experience in the construction and
maintenance of major infrastructure projects: toll roads; railways;
air- and sea-ports; civil engineering; hydro-power plants, and
residential and non-residential buildings. In the power industry,
Isolux Corsán is one of the largest construction companies world-wide
in engineering, procurement & construction (EPC) projects in
photovoltaic generation, with over 267 MW under operation in 2010. It
ranks high amongst the major companies building EPC power plants,
with 1,500 MW currently under construction. It is also involved in
industrial processes, with turnkey projects in the oil & gas and
biofuel industries. In the concessions industry, apart from the
concessions operated by Isolux Infrastructure, the Group constructs
and operates over 21,000 car-parking spaces. In 2010, the company
reported over EUR3.24 bn in revenue; an EBITDA of EUR311m and a
backlog of EUR30.18 bn.
For further information: http://www.isoluxcorsan.com
Rückfragehinweis:
ISOLUX CORSÁN Directora de Comunicación: Isabel Saracho
(+34-91-449-30-21) | isaracho@isoluxcorsan.com, Gabinete de prensa,
Macarena Ramírez (+34-91-449-32-93) | mramirez@isoluxcorsan.com
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