Aldesa has taken a definitive step in its landing in Chile, a market in which it set its sights a little over a year ago. The Spanish company has just sealed two contracts in the Andean country for an amount of more than 100 million euros. It has also done so in its two main sources of growth, highways, under concession, and renewable energy.
Specifically, Aldesa has been awarded the eight-year contract for operation services, maintenance of toll systems and intelligent systems, and customer service for the 195-kilometre Ruta 5 Talca-Chillán highway. The concession for this payment method was awarded last November to the China Railway Construction Corporation (CRCC) in an open tender in which Spanish firms such as Ferrovial and Sacyr prevailed.
The contract is a sample of the opportunities that have opened up to the Spanish group with the entry of CRCC into its shareholding
, and has decided to hire its Spanish subsidiary to develop these works. Its value is estimated at around 70 million dollars (58 million euros). An amount that, in addition, could be increased in the future to around 500 million dollars (415 million euros) because the CRCC concession also includes the construction of a 55-kilometre bypass and when it is finished it could also be added to the scope of the Aldesa contract. The awarding of this first phase is a sample of the opportunities that have opened up for the Spanish group with the entry of CRCC into its shareholding.
The company directed by Alejandro Fernández thus promotes its activity in the field of highways in Chile. The company’s strategy is to grow in toll road concessions in its priority markets and do it alone or hand in hand with its new partner, which gives it the financial capacity to aspire to projects with investments of over 500 million euros. . In this sense, Aldesa already has other processes in Chile in its sights, such as Route 78, and some of the tenders that are included in the 5G highway program in Colombia, as well as some significant initiatives in Panama. Until now, the firm’s position in the concession field is divided between Spain (Autopista de La Mancha), Mexico, where it has several assets such as the Tuxtla highway, whose extension it has recently won, and Uruguay.
renewable
Apart from road infrastructure, Aldesa is also focused on the development of renewable energy projects. In this sense, the firm has just been awarded, also in Chile, the engineering and construction project (EPC), excluding main purchases, the Sierra Gorda photovoltaic plant, in Calama, in the Antofagasta Region (Chile). The facility will have a capacity of 375 megawatts (MW) and the amount of the contract for Aldesa amounts to almost 53 million dollars (44 million euros). The Spanish company thus achieves its first major project in the renewable energy segment in the Andean country, where it had already carried out some minor actions.
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