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Name | Symbol | Market | Type |
---|---|---|---|
Strabag SE BR (PK) | USOTC:SBAGY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 32.3942 | 7.87 | 8.97 | 0.00 | 14:09:12 |
Austrian construction company Strabag SE (STR.VI) Friday said it received a contract to design and build the majority of a tunneling and civil works at a power plant in Chile, southeast of Santiago.
MAIN FACTS:
-The contract is worth around $490 million and involves work on the Alto Maipo Hydroelectrical Power Plant.
-The client is a subsidiary of Chile based AES Gener (AESGENER.SN), which is owned by the AES Corporation (AES) in the U.S..
-The works include the detail design engineering and construction of underground and civil works of the two hydroelectric plants Alfalfal II and Las Lajas.
-The design and construction period starts in Nov 2012 and will last for about four and a half years.
-The hydroelectric complex will have a total capacity of around 531 megawatt.
-Write to the Frankfurt Bureau at djnews.frankfurt@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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