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Impregilo to Sign $473 Mln Argentina Contract, BNAmericas Says

Impregilo SpA (IPG) is set to sign a $473 million contract with Argentina’s water utility company Agua y Saneamientos Argentinos SA, BNAmericas reported yesterday.

The contract is for Impregilo to build a 12-kilometer so-called underwater effluent diffuser as part of a remediation plan for the Matanza-Riachuelo basin in Buenos Aires.

While Italy’s biggest construction company announced the plans, the agreement hasn’t been signed, an AySa official cited by BNAmericas said.

To contact the reporter on this story: Camila Russo in Buenos Aires at crusso15@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net

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