January 26, 2015 6:08 AM ET

Construction and Engineering

Company Overview of Grupo Isolux Corsán, S.A.

Company Overview

Grupo Isolux Corsán, S.A., together with its subsidiaries, engages in concessions, energy, infrastructure, industry and environment, installation, and transmission and distribution businesses in Europe, the Americas, Asia, and Africa. The company manages infrastructure projects, such as roads, power transmission lines, photovoltaic solar plants, and carparks; builds and commissions power plants to generate electricity using open-cycle, combined-cycle, cogeneration, coal-fired, wind-driven, photovoltaic, biomass, and hydraulic technologies; provides engineering and consulting services, as well as develops projects for oil and gas, and nuclear energy markets; and develops and constructs photov...

C/ Caballero Andante, 8

Madrid,  28021

Spain

Founded in 2004

Phone:

34 91 449 30 00

Fax:

34 91 449 33 33

Key Executives for Grupo Isolux Corsán, S.A.

Chief Financial Officer
Chief Executive Officer of Isolux Infrastructure
Chief Executive Officer of EPC
Executive Director
Compensation as of Fiscal Year 2014.

Grupo Isolux Corsán, S.A. Key Developments

Isolux Corsan Receives Contract to Construct Highway in Mexico

Isolux Corsan has received a contract for the construction of a highway in Mexico. The Highway, Bypass Poniente Acapulco, is located in the state of Guerrero and will have a length of 11km and a section of 21m, comprising 5 structures. In addition, the project also includes carrying out the work of earthworks, drainage structures, bridges or additional works such as vertical and horizontal signaling. The project has been awarded by the Secretariat of Communications and Transportation and has a budget of EUR 35.8 million and an execution time of one year and nine months. This road will enable to communicate existing Cuernavaca - Acapulco highway with the federal Acapulco - Zihuatanejo highway, which will allow to avoid traffic passing through the urban area of Acapulco.

Isolux Corsan Wins Contracts in India Worth EUR 270 Million

The Isolux Corsan group was awarded the contract for the construction of four stretches of road worth a total of EUR 270 million. The most expensive section is located in the state of Odisha, between the cities of Talcher and Chandikole. It involves more than 130 km of road worth a total of EUR 110 million. Two of the other three stretches are located in the state of Assam, a region that borders Bhutan and Bangladesh. These two sections, which make up part of the NH37, will link the cities of Jorhat and Jhanji, at a distance of over 35 km, and the cities of Jhanji and Demow, representing a total combined distance of close to 90 km of road. Lastly, the stretch located within National Highway 15, in the north-west of the country, will connect the cities of Phalodi and Jaisalmer. Although the cost of this road amounts to EUR 55 million, the lowest of the four contracts awarded, the distance between these two cities is over 160 km.

Isolux Corsan Wins Contract to Construct 42Km of Transmission Lines in Mexico

Isolux Corsan has received a contract from the Federal Electricity Commission of Mexico for the construction of 42km of transmission lines in Mexico. The project is known as "1116D Transformacion del Noreste" and is located in the State of Nuevo Leon, and includes the engineering, procurement and construction of 42 km. of 400 kV and 115 kV transmission lines. In addition, the company will also be responsible for building the Regiomontano 500 MVA substation and the expansion of the existing Cadereyta substation. This award, granted by the Federal Electricity Commission of Mexico under the Lump Sum Financed Public Works contracting model has a budget of 50 million dollars and an execution period of 480 days. This project confirms the presence of Isolux Corsan in Mexico, where he currently manages two highways concession, Saltillo-Monterrey and Perote-Xalapa Banderilla, 95 and 60 kilometers in length respectively, for a period of 45 years. In addition the company has executed a section of Highway Campeche - Merida also awarded by the SCT. The Group has recently been awarded the construction of the "Bypass Poniente Acapulco" highway in the state of Guerrero.

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