DAILY NEWS Dec 19, 2012 4:11 PM - 0 comments

ACCIONA, ACS inaugurate Montreal's A-30 bypass route

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2012-12-19

MADRID, Spain-- ACCIONA, a global provider of renewable energy, infrastructure and water services, and Spanish infrastructure group ACS joined federal and provincial ministers this week for the inauguration of Montreal’s A-30, said to be one of the most important transport infrastructure projects undertaken in Québec in the past 50 years.

The new, 42-km southern bypass, which promises to relieve traffic congestion in the Greater Montreal Area, was designed, built and financed by a consortium led by ACCIONA and ACS. The CAD$1.58bn project includes a 2,550m bridge over the St Lawrence Seaway at Beauharnois, which is the longest “incrementally launched” bridge in North America, and the second-longest in the world, said a release.

The Nouvelle Autoroute 30 consortium, jointly owned by ACCIONA and ACS, will manage the new 42km highway, plus an additional 32km that was already built, for a concession period of 30 years.

The A30 was inaugurated by the Federal Minister for Transport, Infrastructure and Communities, Denis Lebel, and the Québec Minister for Municipal Affairs and Transport, Sylvain Gaudreault, in the presence of the Vice-President of ACCIONA, Mr Juan Ignacio Entrecanales, and other authorities and company representatives.

“ACCIONA is very proud to have built this vital economic artery for Montreal and Québec,” “We look forward to deepening our engagement with Québec, through participation in new public private partnerships, such as the Nouvelle Autoroute 30, which are delivering the sustainable infrastructure that is improving the quality of life and the economic potential of the communities in which we operate,” said Juan Ignacio Entrecanales, ACCIONA’s Vice-President.

The highway was ACCIONA’s first major transport infrastructure project in Canada. The Québec Ministry of Transport awarded the contract in 2008 to a construction consortium composed of Dragados Canada (an ACS subsidiary) (40%), ACCIONA Infrastructure Canada (40%) and Canadian construction groups Aecon (16%) and Verreault (4%). 

In addition to the capital injected by the consortium, the highway was financed with a CAD$804m syndicated credit and a construction subsidy from the Government of Québec and the Federal Government of Canada. The concession operator’s revenue will come from availability payments agreed with the Québec government, and a toll charge for the use of a bridge over the St. Lawrence River.



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