Actividades de Construccion y Servicios SA (ES:ACS) has released an update.
ACS Group and its partners Acciona and Meridiam have secured the contract to design, build, finance, operate, and maintain the SR 400 Express Lanes in Atlanta for 50 years, representing a major step for ACS in the US infrastructure sector. The project, valued at EUR 9.8 billion, includes 25 km of managed lanes and is a significant part of Georgia’s Strategic Investment program. Construction is set to take 5.5 years with a subsequent 50-year period for operation and maintenance.
For further insights into ES:ACS stock, check out TipRanks’ Stock Analysis page.