Construction and Engineering
Company Overview of Grupo Isolux Corsán, S.A.
Grupo Isolux Corsán, S.A. engages in the concessions, energy, construction, and industrial services businesses in Spain, India, Brazil, Mexico, the United States, Bangladesh, Saudi Arabia, Jordan, Kuwait, Oman, Qatar, Syria, and internationally. It constructs and manages toll roads under concession agreements; operates parking spaces; builds and manages high-voltage power transmission lines under concession; and engages in engineering, procurement, and construction (EPC) projects for solar photovoltaic plants. The company also provides engineering, line installation, associated substations construction, and system operation and maintenance services for the energy sector; constructs EPC indus...
Calle Caballero Andante, 8
Founded in 2004
Key Executives for Grupo Isolux Corsán, S.A.
Chairman and Chief Executive Officer
Chief Executive Officer and Director
General Manager of International Business
General Manager of Economic-Finnacial
Compensation as of Fiscal Year 2012.
Grupo Isolux Corsán, S.A. Key Developments
Isolux Corsán Enters Peru Hydroelectric Market with EUR 760 Million Contract
Apr 23 13
Isolux Corsán has been awarded a contract for the construction of the Molloco hydroelectric power plant located in the southern region of Arequipa (Peru). This is the company's first hydroelectric project in the country. The estimated total investment, as of the date of commencement of work based on the official studies, and pending completion of definitive studies, will exceed EUR 760 million. The group will build this plant, which will have a total capacity of 300 MW, as part of a consortium with the Brazilian companies, Enex and Engevix. This facility, located in the provinces of Caylloma and Castilla, consists of two hydroelectric plants and will produce energy from the water resources of the Molloco River basin and in part from the Palca river. The project, coordinated by the Ministry of Energy and Mines of Peru, comprises three reservoirs (Machucocha, Molloco and Japo), the derivation of part of the Palca river to the Illigua river and two adduction conduits, the first to the Llatica hydropower plant (with a capacity of 142 MW) and the second to the Soro hydropower plant (capacity of 159 MW). The 220 kV electric transmission system will go to Cerro Verde. The construction of this plant, which will begin in 2015, has an execution period of five years.
Isolux Corsán Wins New Contracts in Africa
Apr 10 13
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 EUR 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 EUR 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 EUR 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 EUR 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 EUR 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.
Grupo Isolux Corsán, S.A. Wins EUR 111 Million Contract in Senegal
Apr 4 13
Grupo Isolux Corsán, S.A. has been awarded a contract for the construction of the two sections of the 194.5 km RN6 motorway in Senegal and the construction of the new Kolda Bridge. The project has a budget of over EUR 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. As part of this project, Isolux Corsán will develop a series of actions that will result in improved quality of life and opportunities for local people, through the Integrated Environmental, Social and Health and Safety Action Plan. This contract extends the presence of Isolux Corsán in Africa, where it already operates in ten countries: Algeria, Angola, Gabon, Kenya, Morocco, Mauritania, Mozambique, Uganda, South Africa and Senegal. Activity in Africa accounts for 5.2% of the Group revenues.
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