Skip to main content

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.

For more information on companies in this article

Related Content

  • Cold climate binder selection, a tricky business
    May 16, 2017
    Binder selection in cold climates is especially critical for extended pavement life, as Robert Otto Rasmussen, vice president and chief engineer of Transtec Group, explains. The cold climate found in regions such as Canada and the northern regions of the US and Europe poses a particular challenge to engineering a long-lasting, high-quality pavement. Pavements constructed with asphalt in those regions are affected by the asphalt binder’s sensitivity to temperature. Choosing a binder wisely is imperative for
  • India highway works planned
    July 28, 2020
    Key highway works are being planned in India.
  • Balfour Beatty wins Scottish transport contract
    August 26, 2016
    Balfour Beatty has won a £35 million deal by Perth and Kinross Council to deliver the first phase of the Perth Transport Futures Project. Under the terms of the deal, Balfour Beatty will construct a new grade separated junction on the A9 dual carriageway as well as a new link road enabling access to development land to the west of Perth. This is the first of four phases of the Perth Transport Futures project, which aims to reduce congestion, boost transportation in the area and develop the local economy.
  • Partners win highway operation deal in New South Wales, Australia
    January 11, 2016
    Egis Projects and its partner Fulton Hogan Construction have won a major contract for the operation and maintenance of the WestConnex highway link in New South Wales Australia. The package was awarded by Sydney Motorway Corporation (SMC) to Fulton Hogan Egis O&M (FHEO&M). The partners hold equal 50% shares in the project. Egis has its share in the Australian project through its Australian subsidiary Egis Projects Asia Pacific.