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September 04, 2015 9:26 AM ET

Construction and Engineering

Company Overview of Cobra Gestión de Infraestructuras S.L.U.

Company Overview

Cobra Gestión de Infraestructuras S.L.U. develops, builds, and operates industrial infrastructures to small and large clients, owners, and/or concessionary entities worldwide. The company engages in the development, construction, operation, maintenance, and sales management of solar thermal power plants; photovoltaic farms; wind farms; hydroelectric facilities; drinking water or wastewater treatment plants; biomass gasification, district heating, biodiesel, geothermal energy, urban waste treatment, and other renewable energy plants; and desulfurization plants for decontamination of hydrocarbon contaminated soils. It also handles the engineering, procurement, and construction of oil and gas u...

Calle Cardenal Marcelo Spinola 10

Madrid,  28016

Spain

Founded in 1944

Phone:

34 91 456 95 00

Fax:

34 91 456 94 50

Key Executives for Cobra Gestión de Infraestructuras S.L.U.

Cobra Gestión de Infraestructuras S.L.U. does not have any Key Executives recorded.

Cobra Gestión de Infraestructuras S.L.U. Key Developments

Utico Middle East and Grupo Cobra Signs an Agreement in Dubai to Incorporate Al Hamra Water Company

Utico Middle East, a subsidiary of Abu Dhabi-based Ghantoot Group, and Spanish energy firm Grupo Cobra signed an agreement in Dubai to incorporate Al Hamra Water Company, under a 60:40 partnership, which will oversee the development of the desalination plant. The facility will generate 22 million gallons of water a day for the emirate and neighboring areas. Most of water will be directly supplied to Federal Electricity & Water Authority. Fewa supplies electricity and water to Ras Al Khaimah, Ajman, Umm Al Quwain, Fujairah and some east coast cities. Construction on the facility will start next month with the plant slated to start supplying water to Fewa by June 2017 and becoming fully operational in 2018. It is the first desalination plant in the region to be independently financed, which will be 80% debt financed and 20% liquidity. The return on investment is expected to be between 15% and 16%, however, he declined to state over what time frame. Construction is expected to create 300 jobs and a further 80 permanent positions once the facility is operational, of which at least 20% (16 jobs) will be guaranteed to Emiratis. A tender has been issued to supply solar panels to the facility, with 16 companies, including one Chinese firm, pre-qualified.

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