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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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March 18, 2015
08:52 EDTICAEmpresas ICA reconfigures executive structure
Empresas ICA announced organizational and management changes as part of ICA's ongoing leadership transition process. These changes are effective June 1. The Construction division will be reconfigured to focus on public and private third party clients in Mexico, and will be led by Jorge Delgado, currently the most senior manager in the Construction division. The International division will manage all construction projects for international clients and oversee international affiliates. Rubén López, head of International business development, will head this division. The reconfigured Concessions division will integrate all phases of the infrastructure concessions life cycle, including construction, management and operation, as well as capital recycling transactions. Victor Bravo, currently CFO, will head this division. Gabriel de la Concha will become CFO. Luis Horcasitas and Carlos Mendez, current leaders of the Construction and Concessions divisions, respectively, will now become Executive VPs, advising the CEO and Executive Committee.

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