Spanish site Bolsamania reports that Spanish company Dragados has been awarded a contract to expand 6 kilometers of Toronto (Canada) subway tunnels. The estimated value of the contract is €670 million, though final amount has not yet been disclosed. In the contract Dragados is part of the consortium with Aecon, Ghella and Typsa.
Dragados has implemeted infrastructure projects in the past in Canada.
Related to this contract, Italian company Ghella announcement is more nuanced and reports it as the consortium identified as First negotiations proponent for the Eglinton Crosstown West Extension Advance Tunnel project in Toronto:
Ghella consortium identified as First Negotiations Proponent for the Eglinton Crosstown West Extension Advance Tunnel project in Toronto
Ghella consortium identifiedas First Negotiations Proponentforthe Eglinton Crosstown West Extension Advance Tunnel projec tin Toronto
Toronto, Ontario –March 5, 2021: Ghella announced today that West End Connectors,a consortium comprised of Aecon Group Inc.(40%), Dragados Canada Inc. (40%) and Ghella Canada Ltd. (20%),has been identified by Infrastructure Ontario(IO) and Metrolinxas the First Negotiations Proponent(FNP) to design, build and financethe Eglinton Crosstown West Extension (ECWE) Advance Tunnel project in Toronto.
Identification of the FNP is the first step in the negotiations process. Upon successful conclusion of this process, West End Connectors would proceed towards Financial Close in the second quarter of 2021.
Lorenzo Ghella, Vice President of Ghella said: “The Eglinton Tunnel project is strategic for Toronto and its residents. We are proud to have been selected for this work as part of an experienced and dynamic Joint Venture. Our skills and capabilities in underground works will contribute to the successful execution of this important sustainable transportation project.We look forward to working with Infrastructure Ontario and Metrolinx to deliver another state of the art infrastructure for the city of Toronto.”
Founded in 1894,Ghellais a leading Company in the construction of major infrastructure projects worldwide, mainly in Europe, the Americas, Oceania and Far East. With its unique skills and experience in underground works, Ghella is involved in the construction of subways, railways, motorways, major roads and significant water and hydraulic works. The use of modern technologies, development of innovative productive methods combined with the highest attention to safety and environmental requirements, have enabled Ghella to complete complex engineering works that have contributed to the Company’s dynamic and steady growth as well as the social and economic development of the territories in which it operates.
Ghella Press Release is more nuanced and reports it as the consortium identified as First negotiations proponent for the Eglinton Crosstown West Extension Advance Tunnel project in Toronto
cover tunnel photo by: Matt Brown from London, England / CC BY
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In Spanish.
https://www.bolsamania.com/noticias_amp/empresas/acs-adjudica-ampliacion-metro-toronto-670-millones-euros--7836063.html
ACS se adjudica la ampliación del metro de Toronto por 670 millones de euros
www.bolsamania.comACS, a través de su filial Dragados, se ha adjudicado un contrato en Canadá para ampliar unos 6 kilómetros de túneles del metro de Toronto para extender la actual línea de metro ligero, por un importe estimado de 670 millones de euros. No obstante,...