Isolux Corsán

Company description

Isolux Corsán is a global benchmark in the areas of concessions, energy, construction and industrial services, with a track record spannig over 80 years of professional activity. It operates in 38 countries on four continents, and has a backlog of more than €46.48 Bn.

Isolux Corsán is the outcome of the take-over of Corsán-Corviam by Isolux Wat in 2004. Since then, it has done nothing but grow. In 2012 it reported €3.41 Bn in revenues and EBITDA of €521Mn.

The diversification of its activity and its determined focus on growing in the international markets. At present, 82% of the backlog are contracts from outside Spain.

Isolux Corsán is a world benchmark in the sector of high-voltage power transmission, with over 5,484 kilometres of lines under concession in India, Brazil and the USA. It constructs and manages 1,610 km of toll roads under concession agreements in four countries (Spain, India, Brazil and Mexico) and operates more than 23,500 parking spaces in Spain.


Company details

C/ Caballero Andante, 8

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • August 21, 2017

    Indiana completes takeover of I-69 extension section

    The state of Indiana has completed taking control of the long-delayed section of the I-69 Section 5 P3 project from Bloomington to Martinsville from a private developer.

    Read more
  • June 16, 2017

    Indiana to reclaim control of I-69 Project

    The state of Indiana plans to take control of the troubled I-69 Section 5 P3 project from Bloomington to Martinsville three years after hiring a private developer for it.

    Read more
  • December 28, 2016

    Banks and bondholders own new Isolux

    Banks and bondholders own 94.57% of the capital of Isolux after the initial conversion made as a result of the offsetting of credits with the engineering and construction group. Caixabank, Banco Santa...

    Read more
  • October 26, 2016

    Paraguay awards Routes 2 and 7

    Paraguay's Ministry of Public Works and Communications (MOPC) has awarded Expansion and improvement of routes 2 and 7 PPP to the the consortium composed of Sacyr, Mota Engil and Ocho A.

    Read more
  • October 19, 2016

    VDOT receives two bids for I-66 P3 project

    The Virginia Department of Transportation (VDOT) has received two proposals from two private sector teams for the development of the I-66 road HOT lanes P3 project.

    Read more
  • August 12, 2016

    Final RFP released for I-66 P3 project

    The RFP document provide new insight into the development of the two toll lanes and three regular highway lanes in each direction expected to be completed around 2021. The Depart...

    Read more
  • July 29, 2016

    Isolux Corsan obtains the support of the majority of the banks and bondholders for the restructuring plan

    The refinancing agreement of Isolux Corsan (Master Restructuring Agreement or MRA) has been signed by the bondholders and a large majority of creditor banks. Once the deadline for the adhesion expired...

    Read more
  • July 04, 2016

    Sacyr-Mota Engil only bidder for road PPP in Paraguay

    In early May, we reported that Paraguay's Ministry of Public Works and Communications (MOPC) announced that the opening of proposals for the expansion and improvement of rout...

    Read more
  • July 04, 2016

    Isolux Corsan announces a restructuring plan

    In recent weeks, Isolux Corsan has been engaging with its core banks and their advisers, Jones Day and KPMG, and the ad hoc group of bondholders and their advisers, Linklaters and...

    Read more
  • May 09, 2016

    Paraguay delays pilot road project

    Paraguay's Ministry of Public Works and Communications (MOPC) has recently announced that the opening of proposals for the expansion and improvement of routes 2 and 7 in Paraguay, which was p...

    Read more