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TheStreet Open House

Isolux Corsán Wins New Contracts In Africa Worth More Than €190 Million

MADRID, April 10, 2013 /PRNewswire/ --

  • The company will build 428 km of transmission lines in Kenya and the Mohammadia Wastewater Station and a 240-bed hospital in Algeria
  • Isolux Corsán has expanded its presence in Africa and currently operates in ten countries

Isolux Corsán has secured new contracts for the construction of various infrastructures in two African countries, Kenya and Algeria, which have a total budget of €190 million.

In Kenya, the Group will build 428 km of 400 kV transmission lines, which will evacuate the power produced by the future 300 MW wind farm in the vicinity of Lake Turkana in the north of the country. This EPC project (engineering, procurement, construction and commissioning) was awarded by Ketraco, an agency of the Ministry of Energy of Kenya, with a price tag €142 million.

In Algeria, Isolux Corsán will build a 240-bed hospital with a total floor area of 29,000 m 2. Situated in Draria, a suburb of Algiers, the hospital has a total budget of close to €35 million and will serve a population of 120,000 people. In addition, the Group will build a new wastewater treatment plant in Mohammadia with a budget of over €14 million. This WWTP can meet the demand of an estimated population of 95,000 with a flow rate of 14,000 m 3 per day.

These new contracts join the recently awarded contract in Senegal, where Isolux Corsán will build 194.5 km of road comprising two sections of the RN6 highway and the new Kolda Bridge. The project has a budget of over €111 million and calls for the widening, improvement and adaptation of the motorway that runs south of the Casamance River, between the river and the Guinea Bissau border and connecting the cities of Ziguinchor and Kolda.

Proven experience in Africa

The Group has a proven track record in Africa, where it executes projects mostly in the energy sector. In Angola, Isolux Corsán has carried out projects to supply energy to industry and the population, including a floating 100 MW power plant in Luanda and the Futila Thermal Power Plant. In addition, the group built the first 400-kV transmission line that carries the electricity produced by the Capanda Dam to the capital Luanda.

One of the most significant projects currently being executed by Isolux Corsán is the Oran Tramway. The new infrastructure, which will run through the town and connect the University and the airport, has a budget of €355 million.

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