July 26, 2016 1:52 PM ET

Construction and Engineering

Company Overview of Ferrovial-Agromán, S.A.

Company Overview

Ferrovial-Agromán, S.A., through its subsidiaries, engages in the construction and maintenance of toll highways, roads, railroads, and tunnels in Spain and internationally. It offers construction services for civil engineering, industrial construction, real estate development, and industrial projects. The company also designs, constructs, operates, and maintains water and wastewater treatment plants, such as seawater desalination, sewage treatment, water purification, and waste treatment plants; develops, manufactures, and commercializes asphaltic products, such as bitumen, modified bitumen asphalt, and asphalt emulsions; and promotes, develops, and builds non-utility electricity generation ...

Ribera del Loira 42

Parque Empresarial Puerta de las Naciones

Madrid,  28042

Spain

Founded in 1927

Key Executives for Ferrovial-Agromán, S.A.

Chief Financial Officer
Age: 67
Legal Counsel, Board Secretary and Director
Age: 64
External Relations and Communications Manager
Age: 55
General Manager of Construction
Age: 59
Compensation as of Fiscal Year 2016.

Ferrovial-Agromán, S.A. Key Developments

Iberdrola Selects the Consortium Headed by Ferrovial Agroman to Build the Daivoes Dam and Hydroelectric Plant on the Tamega River, in Northern Portugal

Iberdrola has selected the consortium headed by Ferrovial Agroman, of which local company MSF is also a member, to build the Daivoes dam and hydroelectric plant on the Tamega river, in northern Portugal. The project will cost over EUR 90 million and is to be completed in 56 and half months. It comprises construction of a concrete arch-gravity dam 77.5 meters high and 264 meters long, together with a power plant housing two turbines with a total installed capacity of 118 MW. Ferrovial will also build a 388-metre tunnel to divert the river, and a weir 71 meters long and 10.5 meters high, located 2.2 kilometers downstream of the dam. Daivoes is the first of four main contracts to be awarded by Iberdrola as part of the Tamega river hydroelectric project and is the second to be executed by Ferrovial Agroman for the utility in Portugal in the last two years, following participation in building the penstock for the Gouvaes hydroelectric plant and the inspection galleries in the Alto Tamega dam.

Ferrovial Agroman Signs $442 Million Contract to Build 35Km Section of California High-Speed Rail

Ferrovial's construction subsidiary has signed a $442 million contract with the California High-Speed Rail Authority (CHSRA) to design and build a 35km section of high-speed railway line in Central Valley, California, US. The contract value also includes $107 million for the relocation of gas, power and communications networks. Work will be carried out on the line between Wasko and Shafter. The section forms part of the 161km central section of the high-speed railway line between Fresno and Bakersfield, linking Los Angeles and San Francisco. Under the deal, Ferrovial Agroman will carry out work, including at-grade, retained fill and aerial sections of the alignment, relocating four miles of existing line, construction of waterway and wildlife crossings, as well as roadway reconstruction, relocations and closures. The CHSRA secured state and federal environmental clearances for this phase of work, which is scheduled to be completed in 2018. Under the deal, 30% of the work must be outsourced to small local state-certified employers. It also includes acceptance of the Community Benefits Agreement, designed to allow workers in disadvantaged groups to benefit from work and training opportunities. It is reported the CHSRA is planning to invest $200 million over the next five to eight years in mitigation and conservation, identified through a regional strategy to ensure that conservation priorities contribute to current regional and local resource planning efforts. Following its scheduled completion in 2029, the line will link Los Angeles and San Francisco at speeds of more than 320km/hour, bringing the journey time to less than three hours. The network will extend to Sacramento and San Diego, measuring 1,300km in length, with 24 stations.

Ferrovial Agroman Reports Earnings Results for the Year Ended December 31, 2014

Ferrovial Agroman reported earnings results for the year ended December 31, 2014. For the period, the company reported revenues of EUR 2,116 million against EUR 2,274 million a year ago. EBITDA was EUR 235 million against EUR 272 million a year ago. EBIT was EUR 211 million against EUR 257 million a year ago.

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