Isolux wins major US highway contract

Isolux has won a contract to construct and exploit a 34km stretch of highway between Bloomington and Martinsville on Interstate 69 (section 5), which crosses Indiana state in the US. The company becomes the fourth Spanish infrastructure group to have a presence in the US highway market. The exploitation of the highway will be for 35 years, under the terms of the deal, which will involve an investment of around US$325 million. Isolux had been competing against three offers from the infrastructure funds Meri
February 21, 2014 Read time: 1 min
1392 Isolux has won a contract to construct and exploit a 34km stretch of highway between Bloomington and Martinsville on Interstate 69 (section 5), which crosses Indiana state in the US.

The company becomes the fourth Spanish infrastructure group to have a presence in the US highway market. The exploitation of the highway will be for 35 years, under the terms of the deal, which will involve an investment of around US$325 million. Isolux had been competing against three offers from the infrastructure funds 7167 Meridiam, Plenary and 2378 Macquarie.

Isolux Corsan will carry out the construction work, while Isolux Infrastructure will exploit the highway, which has been designed by Aztec, the US subsidiary of Spanish engineering firm Typsa.
Road Structures

For more information on companies in this article

Related Content

  • Poland's ambitious highway construction plans
    July 10, 2012
    The European football championships are among a number of things pushing Poland's ambitious highway building programme. Patrick Smith reports. Poland is planning to spend a colossal €4.57 billion on road projects in 2009, a 35% increase over the previous year. T
    Read More
  • Cintra Infraestructuras wins major North Carolina, US highway contract
    April 14, 2014
    Spanish firm Cintra Infraestructuras, a subsidiary of Ferrovial, has been chosen by the Department of Transport in the US state of North Carolina (NCDOT) to design, construct, finance, operate and maintain the expansion of the I-77 highway. Design and construction within the US$655 million contract will be carried out by Ferrovial Agroman in collaboration with W.C. English, a local construction firm. The concession period is 50 years from when the highway opens to traffic - scheduled for mid-2018. Financing
    Read More
  • Spanish road association opens highway award competition
    September 23, 2013
    The Spanish Road Association (FAEC) now opening its fifth International Award for Innovation in Highway Juan Antonio Fernández del Campo competition to entries. This biennial competition started in 2005 with the aim of promoting research and innovation in the road infrastructure sector. Spanish is used for the entrants as the language of international scientific reference. The prize can be awarded for various factors to a single person or teams of individuals, designers of projects, studies, for research or
    Read More
  • Major US highway includes 76-year toll deal
    December 4, 2012
    Work on an extension to the express lanes on the I-95 Interstate highway in the US will be carried by Fluor Enterprises and the Transurban Group. The two companies have a 76-year concession package to operate and maintain the toll road infrastructure for the section of I-95 under a joint venture arrangement, 95 Express, The 147km stretch of express lanes on the I-95 highway will be owned by The Virginia Department of Transportation (VDOT) however. Work on the US$925 million project is commencing in Septembe
    Read More

Highlighted Content