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November 26, 2015 7:02 PM ET

Construction and Engineering

Company Overview of Grupo Isolux Corsán, S.A.

Company Overview

Grupo Isolux Corsán, S.A. engages in infrastructure construction and concessions in the areas of energy, civil engineering, environment, and facilities in Spain and internationally. It builds infrastructure for motorways, toll roads, and high-speed railway lines; constructs building for government, health, and cultural purposes, as well as social housing projects; and engineers, constructs, and develops customer employees and running facilities. The company also runs projects for capturing underground waters, water pumping and elevation stations, and networks for water treatment, water supply, and emitter pipes; and builds drinking-water processing stations, waste-water treatment stations, w...

C/ Caballero Andante, 8

Madrid,  28021


Founded in 1933

5,978 Employees


34 91 449 30 00


34 91 449 33 33

Key Executives for Grupo Isolux Corsán, S.A.

Chief Executive Officer and Executive Director
Chief Financial Officer and Director of Finance
Chief Executive Officer of Isolux Infrastructure
Chief Executive Officer of EPC
Compensation as of Fiscal Year 2015.

Grupo Isolux Corsán, S.A. Key Developments

Grupo Isolux Corsán, S.A., Q3 2015 Earnings Call, Nov 25, 2015

Grupo Isolux Corsán, S.A., Q3 2015 Earnings Call, Nov 25, 2015

Isolux Corsan Wins $450 Million HVDC Contract in Ethiopia and Kenya

In a consortium with Siemens, Isolux Corsan has been selected to design, build and install High voltage direct current equipment between Ethiopia and Kenya. The project will provide a reliable connection of both countries' electrical grids, improving the use of generation resources in the area. The total value of the project, financed by the World Bank and the African Development Bank, is worth approximately $450 million. The HVDC bipole will have a capacity of 2,000 megawatts (MW) and will link two converter stations in Suswa (Kenya) and Sodo (Ethiopia) with a 1,000 kilometers-long DC power line. Under terms of the consortium agreement, Siemens will supply the complete HVDC core technology, while Isolux Corsan will be responsible for the construction, installation and equipment in the converter and AC substations. The order was placed by the Ethiopian Electric Power Corporation (EEPCO) and the Kenya Electricity Transmission Co. Ltd. (KETRACO). The project will improve the exchange of energy between both countries increasing power availability at both ends, covering the power needs for the future development of the areas.

Brookfield Asset Management In Talks To Acquire Power Transmission Assets in Brazil From Grupo Isolux

Brookfield Asset Management Inc. (TSX:BAM.A) is in advanced talks to acquire power transmission assets in Brazil from Grupo Isolux Corsán, S.A. for about BRL 2.1 billion, as reported by Spanish Daily Expansion. Brookfield is already conducting a due diligence on the power transmission assets in order to make its final offer. The Spanish energy group will use the proceeds from the sale to reduce debt and fund new projects.

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