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HOCHTIEF Aktiengesellschaft: Tender Offer for Abertis: Purchase Order launched at EUR 18.36 per share

By   /  June 20, 2018  /  Business, Companies, Deutschland, Economy, English, Hochtief, Raw News  /  Comments Off on HOCHTIEF Aktiengesellschaft: Tender Offer for Abertis: Purchase Order launched at EUR 18.36 per share

Source: Hochtief In relation to the voluntary takeover bid for shares in Abertis Infraestructuras S.A. (Abertis) launched by HOCHTIEF (the Offer), and as already expressed by HOCHTIEF in the Offer prospectus, Abertis’ Board of Directors has called the general meeting of shareholders for 25th July 2018, in order to adopt the resolutions to delist the […]

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CIMIC’s CPB Contractors wins $260m mining infrastructure works

By   /  June 15, 2018  /  Business, Companies, Deutschland, Economy, English, Hochtief, Raw News  /  Comments Off on CIMIC’s CPB Contractors wins $260m mining infrastructure works

Source: Hochtief CIMIC Group company, CPB Contractors, has been selected by BHP Iron Ore to deliver the construction of bulk earthworks, concrete and underground services for the South Flank project in Western Australia’s Pilbara region. Revenue to CPB Contractors for this construct-only contract is approximately $260 million, with construction scheduled to commence in July and […]

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CIMIC Group companies preferred for NZ prison PPP

By   /  June 13, 2018  /  Business, Companies, Deutschland, Economy, English, Hochtief, Raw News  /  Comments Off on CIMIC Group companies preferred for NZ prison PPP

Source: Hochtief CIMIC Group has led the development of the project, with Pacific Partnerships leading the consortium formation and providing equity financing for 25 years, and CPB Contractors undertaking design and construction of the facility. The total project value is approximately NZ$750 million, with CIMIC Group delivering the majority of the works. Commercial arrangements are […]

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ACS Group/HOCHTIEF achieves Financial Close for its USD 4.9 Billion (EUR 4bn) 30-year PPP rail project at Los Angeles International Airport

By   /  June 12, 2018  /  Business, Companies, Deutschland, Economy, English, Hochtief, Raw News  /  Comments Off on ACS Group/HOCHTIEF achieves Financial Close for its USD 4.9 Billion (EUR 4bn) 30-year PPP rail project at Los Angeles International Airport

Source: Hochtief Rail ProjectThe concession, signed back in April of this year, represents the first Automated People Mover (APM) project procured through a public-private partnership (PPP) in the United States.  It has a total 30-year term and includes the design, construction and long-term operation and maintenance of the new APM system at LAX. The project […]

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Solar-Powered Parking Structure to be Built by Turner in Downtown Denver

By   /  June 6, 2018  /  Business, Companies, Deutschland, Economy, English, Hochtief, Raw News  /  Comments Off on Solar-Powered Parking Structure to be Built by Turner in Downtown Denver

Source: Hochtief Turner Construction Company is pleased to announce that Denver Health and Hospital Authority has selected the firm to manage construction of a Net-Zero parking structure in the middle of Downtown Denver. The $25 million design-build project will feature a rooftop photovoltaic array and other green features that will enable the garage to operate […]

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Cimic’s Thiess secures $160m Curragh Extension

By   /  June 6, 2018  /  Business, Companies, Deutschland, Economy, English, Hochtief, Raw News  /  Comments Off on Cimic’s Thiess secures $160m Curragh Extension

Source: Hochtief Thiess has a long record of service at Curragh having operated at the project since 2004.CIMIC Group Chief Executive Officer Michael Wright said: “This is the fifth successive contract that Thiess has won to deliver mining services at the Curragh Mine. Our team has a strong record of consistently meeting production targets through […]

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CIMIC’s Sedgman wins $110m operations, maintenance contract

By   /  May 28, 2018  /  Business, Companies, Deutschland, Economy, English, Hochtief, Raw News  /  Comments Off on CIMIC’s Sedgman wins $110m operations, maintenance contract

Source: Hochtief The contract will generate revenue to Sedgman of approximately $110 million over five years. CIMIC Group Chief Executive Officer Michael Wright said: “This contract demonstrates Sedgman’s engineering and operational expertise, and highlights the value this team delivers across the project lifecycle for our mining clients.” Sedgman Managing Director Grant Fraser said: “We have […]

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CIMIC’s Leighton Asia wins A$380m transport infrastructure works

By   /  May 24, 2018  /  Business, Companies, Deutschland, Economy, English, Hochtief, Raw News  /  Comments Off on CIMIC’s Leighton Asia wins A$380m transport infrastructure works

Source: Hochtief Revenue to Leighton Asia, which is part of CIMIC Group construction company CPB Contractors, will be approximately A$380 million, with the project being delivered in joint venture with local Singapore contractor Yongnam Engineering & Construction. Construction is scheduled to commence in the second quarter of 2018 and be completed by 2026. CIMIC Group […]

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Turner Begins Construction of New Concourse at Ronald Reagan Washington National Airport

By   /  May 24, 2018  /  Business, Companies, Deutschland, Economy, English, Hochtief, Raw News  /  Comments Off on Turner Begins Construction of New Concourse at Ronald Reagan Washington National Airport

Source: Hochtief Turner Begins Construction of New Concourse at Ronald Reagan Washington National Airport Washington, D.C.24.05.2018 Turner Construction Company is pleased to share that the Metropolitan Washington Airports Authority (MWAA) has issued the firm notice to proceed with construction of a new concourse at Ronald Reagan Washington National Airport (DCA). Part of the airport’s ongoing […]

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CIMIC’s UGL secures $139m in maintenance services contracts

By   /  May 18, 2018  /  Business, Companies, Deutschland, Economy, English, Hochtief, Raw News  /  Comments Off on CIMIC’s UGL secures $139m in maintenance services contracts

Source: Hochtief The new maintenance and project services work will be executed over five years and comprises: A contract extension for the provision of downstream maintenance and shutdown services for an oil and gas client in Queensland. A contract for the provision of major plant shutdown services for a client in base metals in Queensland. […]

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