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.
General
Company details
Participation in projects
Projects as Project owner per Country ()
Projects as Project owner per Subsector ()
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The company has not participated in any projects.
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Company updates
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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.
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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.
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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...
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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.
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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.
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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...
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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...
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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...
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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...
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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...
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