Home » World » ACS is awarded the expansion and remodeling of the Toronto subway (Canada) for € 3,000 M – Market Consensus

ACS is awarded the expansion and remodeling of the Toronto subway (Canada) for € 3,000 M – Market Consensus

Rent 4 | A project valued at 3,000 M euros in which it goes in consortium with with Aecon Y Ghella, being the development also with Typs, EXP Services, DR G. Sauer Y Pedelta, incorporating in turn Scotiabank in the financial part. This project involves the construction of 9.2 km (6 km underground) that will connect the city with the airport and where 7 new stations are included.

If we assume that ACS holds a third of the project, would mean an increase in the portfolio of approximately 1.5%.

Positive news that allows consolidating its presence in the country, where it obtained 4.7% of the sales 2020 and 4.4% of its purse.

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