Sacyr S A : awarded building contract for Misterbianco-Paterno railway section of the Ferrovia Circumetnea (Sicily)
September 14, 2023 at 08:45 am EDT
Share
MEDIA RELEASE
SACYR AWARDED BUILDING CONTRACT FOR
MISTERBIANCO-PATERNO RAILWAY SECTION OF THE
FERROVIA CIRCUMETNEA (SICILY)
SIS consortium (Fininc and Sacyr) will lead this project for up to €646 million
The contract includes the project design and execution of 10.6 km section comprising Misterbianco station to Ardizzone tunnel.
Madrid, September 14, 2023.- The Italian Ministry for Infrastructure and Transport awarded SIS consortium (51% Fininc and 49% Sacyr) a railway development contract in Catania (Sicily).
This Metropolitana Circumetnea-led project includes the design and development of a
10.6 km section running between Misterbianco station and Ardizzone tunnel, with an investment close to €532 million.
A second unit framed within the global overall contract includes an additional 900-meter section from Ardizzone tunnel to Paternò station and a train shed, raising €113 million to the investment amount.
In total, the project has a 11.5 km total length, with an investment that might go up
to €645 million.
The awarded railway line starts in Ardizzone, after the Nesima-Misterbianco section, and ends to the north of Paterno, where the Paternò-Adrano section starts. The line comprises four underground sections and four open air sections; including five stations:
Giaconia, Belpasso, Valcorrente, Gullotta and Paternò and two train sheds, one in Belpasso and other in Ardizzone, located mid-route and at the end of the route respectively.
Sacyr in Italy
Italy is a home-market for Sacyr, where the company has been operating for over 20 years. The company's P3 backlog is €17 Bn.
With the Misterbianco-Paterno section contract award, the SIS consortium secures a new contract in Italy, where it already has multiple roads under a concession scheme, such as the Pedemontana - Veneta and the A3 (Naples-Pompei-Salerno).
Sacyr SA published this content on 14 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 September 2023 12:44:08 UTC.
Sacyr, S.A. is a building and public works group. Net sales (including intragroup) break down by activity as follows:
- industrial site,s infrastructure and building construction (49.4%);
- management of infrastructure under concession (32.3%): airports, roads, hotels, offices, shopping malls, etc.;
- services (17.1%): maintenance and cleaning of buildings, construction and installation of water pipeline systems and gas emission reduction systems, waste and wastewater collection and treatment, etc.;
- other (1.2%).
66.1% of sales are abroad.
SACYR, S.A. 
