Isolux Corsán Reorganises Its Concessions Business as a New Company: Isolux Infrastructure

By Isolux Corsan, PRNE
Wednesday, July 13, 2011

MADRID, July 14, 2011 -


  • The Investment in Isolux Infrastructure Projects Amounts to
    Some €7.5 bn.

Isolux Corsán is a major corporation in the concessions business
world-wide, operating in over 30 countries.  Today it has
announced a reorganisation, concentrating this business in one new
company. Isolux Infrastructure thus starts operation with the
mission of further increasing the volume of business in this area.
Over the last five years its EBITDA has shown a compound annual
growth of 70%, turning it into a mainstay of Isolux Corsán’s global

The new Isolux Infrastructure will have a total capex for all
the projects in which it is involved, of approximately €7.5 bn. It
is a truly global platform for the management and operation of the
Isolux Corsán group’s infrastructure projects in three key

Toll road concession. Isolux Corsán has over 1,600
kilometres under concession agreements in countries such as India
(710 km in four concessions), Brazil (680 km), Mexico (155 km in
two concessions) and Spain (64 km).

T&D lines. The group operates and manages over 5,200
km of power lines for transmission and distribution in Brazil
(3,090 km in five concessions), India (1,600 km) and the USA (605

Photovoltaic solar power. The Group ranks as a leader in
the solar PV power-generation market. It has 42 PV power plants in
operation with an installed capacity of 168 MW and a generation
capacity over 250 GW/h per year of clean energy. The company also
has a further 60 MW under construction and a pipeline of 900 MW in
southern Europe, Latin America, India and the USA.

Isolux Infrastructure’s geographical diversification enables
it to operate efficiently in emerging economies
India, Brazil, Mexico
and Peru) and in consolidated economies
USA, Italy, Spain).
This combination between developing and mature markets endows the
new company with enormous versatility, so that it can respond
immediately to the latest market conditions wherever they

Its core businesses (power generation, power transport &
distribution, overland-road infrastructures) have exciting upside
in both emerging and consolidated economies. In the emerging
economies, growth is essential to bridge a long-standing
accumulated gap against modern-day requirements. And in the
consolidated economies, growth is imperative in response to demand
for constant renewal of existing infrastructure.

Thus, the company’s diversification over different kinds of
economies and different areas of business minimizes the risks that
beset many projects at times of crisis: firstly, because it is
unlikely that the macroeconomic factors will be the same in
emerging and in developed economies, and secondly, because business
diversification give greater visibility for the company’s cash
flows, especially when 70% of its revenues come from power lines
and PV generation, which are not subject to demand risk.

About Isolux Corsán

Isolux Corsán is a global benchmark in the construction,
power, concessions and industrial services industries. Operates in
over 30 countries on four continents. Its core growth businesses
are energy, toll road and car park concessions, plus the
construction of major infrastructure projects.
Isolux Corsán
has 5,000 km of power lines in
Brazil and the
USA. It operates and manages 42 solar PV plants. These
have a total installed capacity of 168 MW, and in 2010 generated
223 GWh of clean energy. The company has 60 MW under construction,
and a 900-MW pipeline in southern Europe, Latin America,

India and the USA. The groupo has 1,690
kilometers of toll roads under concession in

Brazil, India, Mexico and
Spain, plus 21,000 parking spaces operated under its
concessions in
Spain. It also has long-standing
experience in the construction and maintenance of major
infrastructure projects: toll roads; railways; airports,
civil-engineering, hydraulic and maritime engineering works and
residential and non-residential buildings. In the power industry,
Isolux Corsán is one of the largest construction companies
world-wide for EPC (engineering, procurement & construction)
projects in the photovoltaic sector, with over 267 MW under
operation in 2010. It is a
key player amongst the
largest companies involved in building EPC power plants, with 1,500
MW under construction. It is also involved in industrial processes,
with turnkey projects in the oil & gas industry and biofuel
plants. In 2010,
the company reported over €3.24 bn in
revenues, an EBITDA of €311m and a backlog of €30.18


ISOLUX CORSÁN: Communication Manager: Isabel Saracho (+34-91-449-30-21) | isaracho at ; Press office: Macarena Ramírez (+34-91-449-32-93) | mramirez at

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