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

  • Eiffage to revamp Paris ring road interchange at Quai d'Ivry
    June 19, 2015
    Eiffage has won a contract to restructure the Quai d’Ivry interchange on the Paris ring road. Eiffage’s Public Works division picked up the €48 million deal within Paris’s 13th arrondissement. The 40-month contract was awarded by Paris’s development agency SEMAPA -- Société d’Etude, de Maitrise d’Ouvrage et d’Aménagement Parisienne. Eiffage said in a statement that the contract involves “every area of expertise offered by the Public Works division, including civil engineering, steel construction an
  • A road challenge for Zimbabwe
    November 8, 2023
    Construction work is finally underway for a major new highway link in Zimbabwe after many years of false starts.
  • BAM half year results show jump in pre-tax profit
    August 19, 2016
    Dutch construction and related services group Royal BAM posted improved half-year results, despite Britain’s decision to leave the European Union. Half-year results to June showed pre-tax profit to €45 million, up from €4 million the previous year. However, group revenue slipped back €3.4 billion, down from around €3.5 billion. Construction and mechanical & electrical services suffered a €23.8 million loss, blamed on poor trading in Germany. But civil engineering and property helped profitability.
  • Polish road dispute
    February 28, 2012
    A string of legal and political battles look likely in the aftermath of a broken highway contract in Poland.