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Stock Market & Financial Investment News

News Breaks
December 20, 2012
15:40 EDTICAEmpresas ICA receives $342M for delivery of second La Yesca turbine
Empresas ICA announced the delivery of the second turbine of the hydroelectric project La Yesca Ing. Alfredo Elías Ayub and receipt of the second payment that corresponds to fulfilling the second unit Provisional Acceptance, in accordance with the contract with the Federal Electricity Commission. As a result, ICA received the second scheduled payment of $342M. The aggregate amount received to date is $1.042B and was applied to pay project debt.
News For ICA From The Last 14 Days
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October 6, 2014
09:38 EDTICAEmpresas ICA-led consortium signs partnership agreement for Monterrey aqueduct
Empresas ICA announced that a consortium led by its subsidiary Controladora de Operaciones de Infraestructura signed one of the first contracts under the new Public Private Partnership law in Mexico with Servicios de Agua y Drenaje de Monterrey, the water and sanitation services company of the State of Nuevo León. CONOISA has a 37.75% interest in the consortium. The bulk water delivery contract includes the construction, equipment, operation, and maintenance of the Monterrey VI Aqueduct. The 372 km pipeline will have a capacity of 6 m/s and will increase by more than 40% the supply of potable water for the Monterrey metropolitan region. Total investment in the project is expected to be approximately Ps. 17,684M.

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