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Webuild’s Mobilinx Consortium Wins Award for Hurontario Project in Canada

Infra News - Published on Mon, 06 Jul 2020

Image Source: Webuild Mobilinx Consortium Proximo North America Rail Deal
Webuild, formerly Salini Impregilo, and its partners in the Mobilinx Consortium have won the Proximo North America Rail Deal of the Year 2019 for the most innovative project financing transaction in the case of the EUR 917-million construction of Metrolinx’s Hurontario light rail transit line near Toronto in Canada. Astaldi, which is becoming part of Webuild under Progetto Italia () to consolidate Italy’s fragmented construction sector, was part of the consortium when the project was awarded in October 2019.

The 18-kilometre, 19-stop light rail transit system will run along Hurontario Street from Port Credit in Mississauga to the Brampton Gateway Terminal outside Toronto. Canada is one of the markets where the Group plans to expand thanks to its low risk profile and plans to invest in infrastructure. Other markets include the United States, Europe and Australia.

Webuild recently joined the shortlist to design and build the EUR 1.15-billion Valley Line West Light Rail Transit project in Edmonton, Canada, the second stage of the Valley Line, a line that will operate between the city’s west and southeast districts. The project for the 14-kilometre-long line will feature 14 stops and two elevated stations, two bridge crossings, connections to transit centres, and a transfer point with current two lines of the light rail transit system.

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Posted By : Yogender Pancholi on Mon, 06 Jul 2020
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