ACCIONA and ACS Inaugurate Montreal’s A-30

  ACCIONA and ACS Inaugurate Montreal’s A-30

  *The A-30 is one of the most important transport infrastructure projects
    undertaken in Québec in the past 50 years.
  *The CAD$1.58bn (€1.23bn) highway will be managed by the Nouvelle Autoroute
    30 concession, jointly owned by ACCIONA and ACS

Business Wire

MADRID -- December 18, 2012

ACCIONA, a global provider of renewable energy, infrastructure and water
services, and Spanish infrastructure group ACS, today joined federal and
provincial ministers for the inauguration of Montreal’s A-30, one of the most
important transport infrastructure projects undertaken in Québec in the past
50 years.

The new, 42-km southern bypass, which will greatly relieve traffic congestion
in the Greater Montreal Area, was designed, built and financed by a consortium
led by ACCIONA and ACS. The CAD$1.58bn project includes singular engineering
features such as a 2,550m bridge over the St Lawrence Seaway at Beauharnois,
which is the longest “incrementally launched” bridge in North America, and the
second-longest in the world. Its construction marked a technical milestone for

The Nouvelle Autoroute 30 consortium, jointly owned by ACCIONA and ACS, will
manage the new 42km highway, plus an additional 32km that was already built,
for a concession period of 30 years.

The A30 was inaugurated by the Federal Minister for Transport, Infrastructure
and Communities, Denis Lebel, and the Québec Minister for Municipal Affairs
and Transport, Sylvain Gaudreault, in the presence of the Vice-President of
ACCIONA, Mr Juan Ignacio Entrecanales, and other authorities and company

“ACCIONA is very proud to have built this vital economic artery for Montreal
and Québec,” said Mr Juan Ignacio Entrecanales, ACCIONA’s Vice-President. “We
look forward to deepening our engagement with Québec, through participation in
new public private partnerships, such as the Nouvelle Autoroute 30, which are
delivering the sustainable infrastructurethat is improving the quality of
life and the economic potential of the communities in which we operate.”

The completion of the A-30 is a significant milestone for ACCIONA, as the
highway was the company’s first major transport infrastructure project in
Canada. The Québec Ministry of Transport awarded the contract in 2008 to a
construction consortium composed of Dragados Canada (an ACS subsidiary) (40%),
ACCIONA Infrastructure Canada (40%) and Canadian construction groups Aecon
(16%) and Verreault (4%).

In addition to the capital injected by the consortium, the highway was
financed with a CAD$804m syndicated credit and a construction subsidy from the
Government of Québec and the Federal Government of Canada. The concession
operator’s revenue will come from availability payments agreed with the Québec
government, and a toll charge for the use of a bridge over the St. Lawrence

Recognition for a landmark project

The A-30, which was delivered on time and to budget, has earned ACCIONA y ACS
two of the most prestigious prizes in the concessions world thanks to the
project’s innovative features.

The Canadian Council for Public-Private Partnerships bestowed its Gold Award
to the A-30 consortium in 2008 for Innovation and Excellence in a PPP project.
Project Finance International, the specialist publication, also named the A-30
project the North America Deal of the Year.

ACCIONA in Canada

ACCIONA has undertaken some of the most significant infrastructure projects in
Canada in recent years.

In April 2010 the Company was awarded a Design, Build, Finance, Operate and
Maintenance contract by Alberta Transportation, the transport ministry of the
Canadian province of Alberta, for the Southeast Stoney Trail highway, one of
the main roadways included in the city of Calgary’s transport plan, the
concessionaire, Chinook Roads Partnership, a 50-50 joint venture between
ACCIONA and its local partner, won 33.5-year the concession. The
project—scheduled for completion in 2013—comprises a 25km section with three
lanes in each direction and will be completely toll-free.

In November 2010, the consortium Windsor Essex Mobility Group, participated in
equal parts by ACCIONA Infrastructure, ACS and Fluor, was selected to carry
out the Windsor Essex Parkway project in the province of Ontario, Canada. The
initial tender set an investment of CAD$1.6bn and the highway is expected to
be opened to road traffic in 2014.  Windsor Essex Mobility Group will build
and run Ontario’s largest–ever roadways investment. The design, build, finance
and maintenance concession is for the Windsor Essex Parkway, an 11km motorway
in Windsor (Ontario), in which the 401 highway (also located in Ontario) and
the Interstate 75 (in Michigan, USA) will be connected by a bridge that is
being built independently. Around 40% of cargo traffic between the US and
Canada is expected to pass along this highway.

In the hospital sector, ACCIONA holds the first private-public project to be
awarded to a Spanish company in Canada - a 30-year concession for the Royal
Jubilee Hospital, in Victoria, the provincial capital of British Columbia. The
550-bed hospital, with 35,000 square meters of floor space, required an
investment of CAD$300m.

In July 2009, ACCIONA was awarded the Build and Operate contract for the Fort
St. John Hospital —opened in 2012— also in British Columbia, at an investment
of CAD$270m. The 55-bed hospital has an annex for seniors with an additional
123 beds, and covers a total 35,000 square meters.

ACCIONA’s renewable energy division, ACCIONA Energy, is also present in Canada
with four wind farms totaling 181MW in capacity.

ACCIONA is one of Spain’s leading corporations and operates in infrastructure,
renewable energy, water and services, in more than 30 countries. Its corporate
claim—“Pioneers in development and sustainability”—mirrors its commitment to
contribute to economic growth, social progress and care for the environment
through its complete range of activities. This commitment is recognized by
ACCIONA’s inclusion in the Dow Jones (DJSI) and FTSE4Good sustainability
indexes. ACCIONA is listed on the Madrid Stock Exchange’s Ibex-35 blue chip
index. It has a workforce of around 31,000 professionals and posted nearly 6.7
billion euros in revenues in 2011.

For more information about ACCIONA in Canada, please visit:

For more information and photo gallery of the A30 project, please visit:

and video:


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