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

  • Bridge replacement programme for Pennsylvania
    October 31, 2014
    A major programme of bridge replacement works on Pennsylvania will see the state replacing 558 highway bridges over a period of three years. The work is expected to cost in the region of US$899 million to carry out and was awarded by the Pennsylvania Department of Transportation (PennDot) to a group of firms called Plenary Walsh Keystone Partners. The package of works includes construction of the bridges over three years as well as a 25 year maintenance deal. The Plenary Walsh Keystone Partners comprises Gr
    Read More
  • Eurovia wins US road contracts in North Carolina
    November 2, 2018
    Eurovia has won two major road contracts in the US worth a total of US$480 million. A subsidiary of the French company Vinci Construction, Eurovia will work on design-and-build contracts that will help improve two road corridors in North Carolina. Eurovia’s work on I-485 in Charlotte involves adding a 26km express toll lane in each direction as well as a free high-occupancy-vehicle lane. The project aims to improve traffic conditions on the highway, which is used by 146,000 vehicles/day and suffers severe
    Read More
  • Lane, part of Salini Impregilo Group, wins I-440/US 1 deal in North Carolina
    October 26, 2018
    Lane Construction, the US subsidiary of Italy’s Salini Impregilo Group, has won a US$346 million design-build contract for the Interstate I-440/US 1 in North Carolina. Lane will be making improvements to the Interstate I-440/US 1 Wake County from south of Walnut Street to north of Wade Avenue. Around 10.5km of the highway - referred to locally as the Raleigh Beltline - will be widened from four lanes to six lanes. The work involves replacing pavement and bridges and upgrading interchanges and is expected
    Read More
  • Strabag wins Polish road contract
    September 17, 2018
    Austrian contractor Strabag has won a stake in a design and build road contract in Poland. The project is worth a total of €133 million and involves building a section of highway carrying three lanes in either direction. The firm will work on the project to build another stretch of the A1 highway in Poland. The 17km long Section C begins at the Kamieńsk junction and ends at Radomsko, where the construction of a motorway interchange forms part of the order.
    Read More

Highlighted Content