Latest news with #ACCIONA
Yahoo
06-08-2025
- Automotive
- Yahoo
ACCIONA closes financing for $11bn SR 400 Express Lanes project in Atlanta
ACCIONA, in collaboration with ACS Infrastructure and Meridiam, has finalised the financial arrangements for the $11bn SR 400 Express Lanes toll road project in Atlanta, Georgia, US. The project involves design, construction, operation, and maintenance over nearly 56 years. Funding will come from both public and private sources, marking it as the reportedly largest public-private partnership (PPP) bond financing initiative in the US to date. The US Department of Transportation (DoT) will contribute around $3.89bn via the Transportation Infrastructure Finance and Innovation Act, representing the largest loan ever granted under this initiative. Additionally, the project will benefit from the largest issuance of tax-exempt private activity bonds for a highway PPP, valued at $3.44bn. These bonds have received investment-grade ratings of Baa3 from Moody's and BBB+ from Kroll, both with stable outlooks. Private capital will be injected during the construction phase, supported by letters of credit from ACCIONA and its partners. The Georgia Department of Transportation and the State Road and Tollway Authority awarded the concession to ACCIONA's consortium last year. It is the first express lanes project under Georgia's Major Mobility Investment Program aimed at alleviating traffic congestion. Construction, split evenly between ACCIONA and FlatironDragados, will add two express lanes along a 16-mile stretch from North Springs Station to north of McFarland Parkway. An additional 0.9-mile fast lane will be deployed in each direction from McGinnis Ferry Road to McFarland Parkway. Upon completion, a dynamic toll system will be implemented for the express lanes to enhance traffic flow. This system allows drivers to pay based on traffic volume, providing access to additional toll lanes when required, thereby reducing congestion and emissions. "ACCIONA closes financing for $11bn SR 400 Express Lanes project in Atlanta" was originally created and published by World Construction Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-06-2025
- Automotive
- Yahoo
Micro-mobility shifts gears in the race to go green
As the push to decarbonise transport intensifies, a new class of compact, low-emission vehicles is rising to meet the challenge. From Nissan's NanoCar to the UK-based Yo-Go, micro-mobility is redefining what sustainable urban travel can look like, without demanding a wholesale change in consumer behaviour. The pressure is on to find alternatives to internal combustion engine-driven vehicles. EVs present the obvious solution, and in many ways, the most appealing for customers who want a solution to the threat of climate change that doesn't mean changing their lifestyle. Public transport offers a more effective solution, but would require a huge amount of investment to make it an appealing alternative to car ownership. Micro-mobility is an option that can split the difference. 'In its simplest form, Micro-mobility is light weight, low speed vehicles,' explains Gareth Dunsmore, Managing Director of e-Micro Mobility Nissan AMIEO. 'That makes it an ideal form of transportation to reduce emissions and traffic in dense environments such as cities and towns.' It is a category that includes electric scooters and bikes, as well as 'micro cars'; buggy-like vehicles that are visually similar to golf carts but are a great deal more powerful. Dunsmore is overseeing a collaboration between Nissan and Spanish renewable energy conglomerate ACCIONA to distribute the new Silence S04 NanoCar, a lightweight, 100% electric four-wheeled vehicle specifically designed for urban living. Nissan holds distribution rights for the NanoCar in France and Italy, alongside Silence's electric motorcycles. It gives ACCIONA's electric vehicle brand, Silence, access to Nissan's European network of dealerships across Europe. The goal is to lower the barrier for consumers who want to go electric, making the transition more inclusive and accessible. 'Nissan has done this rather than build its own vehicle because it gives us the best of both worlds,' Dunsmore tells us. 'We get to use all our expertise in electric vehicles from the last 15 years to accelerate the adoption of these vehicles and bring more people in. But at the same time, we can work with a young, agile start-up whose focus and passion are directed just at this segment, so we can benefit from what they have learned from the last decade in the electric bike sector.' Meanwhile back in the UK, the CEO and inventor of the Yo-Go, Sam Bailey, likes to differentiate micro-mobility from what he calls 'Mini-mobility'. 'It's to differentiate it from bikes and scooters,' Bailey says. 'It's a market that is yet to be addressed. We don't consider ourselves as an alternative to the e-scooter. We are offering a new form of transport.' It is a nascent sector, but a promising one, and while it is new to the UK market, other locations are already showing the way that market might evolve. 'There's an island in Hong Kong called Discovery Bay that is exclusively for golf buggies,' says Bailey. 'It started out as a solution to moving around a golf course, and it's evolved to actually become a usable mode of transport. It's not a vehicle you'd use on a golf course. It's faster, sturdier, road legal, and while it ostensibly looks like a golf buggy, it now represents a step up in engineering and mechanics.' In Europe the market has already been around for quite some time, with a presence in France, Italy, Greece, Spain and around the Mediterranean coast. 'The sector developed originally from French and Italian brands, using ICE vehicles. They have been in it for a long time, but they were only focused on selling to their own domestic markets,' Dunsmore tells us. 'We have seen around 60,000 vehicles sold in the last 12 months from all the competitors in the top three markets, but one of the interesting things is how poorly this sector is documented.' The issue is that the lower power version of the micro-car does not require registration, making it harder to keep track of numbers. That said, Dunsmore says there are studies that expect distribution to approach 300,000 units by 2028. He puts this down to three factors. First, more competitors are entering the market, including mainstream OEMs such as Toyota and Nissan. 'It brings a level of scale through our retailer networks that wasn't here in the past,' Dunsmore tells us. At the same time, a broader group of customers are starting to look for new forms of mobility. 'The entry price for a Ford has gone from below £10,000 to above £20,000 in a decade,' says Dunsmore. 'That is not just inflation. That's leaving customers behind.' Finally, there is a wave of new, younger customers entering the market who take electrification and the need for zero emissions seriously, but who simply cannot afford to pay £20,000 for a new electric vehicle. 'Their decisions are informed by societal challenges we face such as air pollution and climate change, but they cannot afford and do not have the means to ignore affordability,' Dunsmore tells us. Currently the UK market is a small one, under 5600 vehicles a year, but as Dunsmore points out, the potential is there. 'I was at the Move Conference 2025 (18-19 June), and you saw a breadth of micro-car offerings coming to the market,' he tells us. Yo-Go and the NanoCars each represent the forms that the new offering coming to market could take. Yo-Go is offering a mobility solution that is in many ways similar to the micro-mobility schemes built around scooters and e-bikes, but that is not who Yo-Go is competing against. 'We are trying to provide an alternative to a car that a scooter or bike can't address,' Bailey says. 'It is lower cost than a full-size EV, with lower CO2 emissions than a full-size car. That is something you wouldn't get from a bike or scooter. It offers safety, a roll cage, seatbelts, and you can't fall off. It gives you weather protection from the roof and has space for luggage and passengers.' The great potential of the 'mini-mobility' market lies in its potential to offer a compact, low emission, low price alternative to cars while providing the key advantages people get from car use. 'The reason we believe it can be a unique proposition on the marketplace is its nano-sized, but it's not a compromise,' Dunsmore says. 'We provide air conditioning as standard, which might sound strange, but I have just come back from the south of France, and every person that jumps in your car there says, 'Thanks for the air conditioning.' It acts as a heater too, demisting the windows. It makes a big difference when most of our competitors don't have it.' The Yo-Go buggy offers seating with more room, 240 litres of boot space, but perhaps most appealingly, it includes a removable battery. At a time when charging infrastructure is still one of the biggest obstacles to customers looking to transition to electric, the ability to remove your battery and charge it in your house is a strong competitive edge. These advantages come into their own when presented to the unique commercial environment of London. 'In London, car usage is quite strange. 90% of all private vehicle miles are from 9% of the population, and the journeys are very small. 70% of them are under three miles,' Bailey points out. 'What we want is to create a close replacement for people who are using cars, but then offer them the advantage that you can fit four of them in a parking space.' It is a product with potential for a huge impact on congestion. The question is how many cars can these solutions actually take off the road? 'Our obvious competitors are conventional electric vehicles,' Bailey tells us. 'We're not looking at long distance, we only want to use it in a wide 20-mile-an-hour zone. But within that market, we think it's a compelling proposition.' Dunsmore points not just to how many cars NanoCars can potentially take off the roads, but at the impact each like-for-like substitution will actually have. 'Because they are smaller, even a direct one-for-one swap results in a vehicle that takes up less space and reduces congestion, helping the environment,' Dunsmore says. 'But in cities, especially, there is a generation that is delaying their purchase of a car until later in life. Those people need to move around, and at the moment their options are trains, buses or Lyfts and Ubers.' There is demand for a solution that moves away from big cars with a single occupant, but the simplicity of an A-to-B drive is still more appealing than trying to tie together car-sharing schemes or various forms of public transport. 'Bringing micro cars into that suite of offerings for cities lets people be more efficient,' Dunsmore says. But while the potential and demand for microcars or NanoCars is huge, the new sector still has early obstacles to overcome if it hopes to become a widespread transport solution. 'At the moment, the big challenge is getting enough scale that we can provide a reliable, available service,' Bailey tells us. 'If you look at Lime Bikes, if I open the app, there's a good chance of finding a bike within a two- or three-minute walk. We are not yet at that scale. We want to achieve sufficient density. 99% of the time we want people to open the app and find a Yo-Go on their street.' At the same time, mini-mobility solutions also need to fight a battle of perception. They have a product that offers things people want, but customers need to know that. 'If you look at the history of these vehicles, some of the original ones weren't much more than one-person milk floats,' Dunsmore says. 'These were very basic vehicles. They got a bit of traction in the UK, but that is not what a microcar is today. Just as we saw with electric vehicles, we need to work hard on shifting that perception.' One factor that may shift the needle is the presence of brands such as Nissan and Renault moving into the market, and the credibility that comes with that. But ultimately, beyond brand recognition, Bailey argues that it is the environmental impact that is going to turn microcars from a novelty into a mainstream form of transport. 'These produce less CO2 per kilometre than a cyclist does,' Bailey argues. 'If you compared that to an EV's CO2 reduction, you'll never offset the battery manufacturing. When we look at how we build our cities in the future, and how to reduce our carbon footprint, it will be about making use of the space available. We think the answer is moving to a smaller vehicle that is low carbon, low cost and creates good traffic flow through good use of space.' As well as individual drivers and passengers, both Dunsmore and Bailey are excited about the possibilities of micro-cars in other business sectors. 'Businesses looking to reduce costs and their impact on the environment might be one of the fastest to adopt,' Dunsmore tells us. 'We see potential in airports with run-a-round vehicles, or big campuses.' Bailey also sees potential for micro-cars as a fleet leasing alternative. 'In future, we may offer the ability to lease at a lower cost than a full-size car. Providing that as an option we think could make this form of transport affordable for consumers and businesses,' Bailey says. He is also looking forward to the ways the range of micro-vehicles can expand in future. 'It'd be great to have more variation. At the moment, we have two seats and space at the back for four bags of shopping,' Bailey says. 'We are looking at having a commercial version with enough space for last-mile deliveries or tools for tradesmen. Do that, and suddenly we have a viable alternative to a van. We'd also love to get more seats in for parents with children.' For now, Yo-Go is looking at expanding its geographic footprint beyond its home in London, maybe even moving into markets with more developed micro-mobility segments. 'We are targeting denser cities such as Oxford, where city council talks have already begun. Bristol and Bath have also expressed an interest,' says Bailey. 'We are also looking at the potential of locations such as Berlin and Paris.' It looks like the Micro-mobility sector could be going full circle. "Micro-mobility shifts gears in the race to go green" was originally created and published by Motor Finance Online, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
ME Construction
17-06-2025
- Business
- ME Construction
ACCIONA awarded the operation and maintenance of Gabal El Asfar wastewater treatment plant in Egypt
Operations & Maintenance ACCIONA awarded the operation and maintenance of Gabal El Asfar wastewater treatment plant in Egypt By The Gabal El Asfar facility is the largest of its kind in Africa and the Middle East, and the third largest globally by treatment capacity ACCIONA as part of a consortium with DHCU has been selected by the Construction Authority for Potable Water and Wastewater (CAPW) in Cairo, Egypt, to manage the operation and maintenance of Phase II of the Gabal El Asfar wastewater treatment complex for eight years. The US $37.45mn contract covers the execution of various rehabilitation works and upgrades on two plants of the complex, each with a daily capacity of 500,000m3. Gabal El Asfar, the largest wastewater treatment facility in Africa and the Middle East, and the third largest globally with a daily treatment capacity of 2.5Hm3, serves the eastern part of Cairo, home to eight million people, said a statement. ACCIONA was awarded the contract in 2013 for the design, construction, and commissioning of an expansion of Gabal El Asfar, increasing its daily treatment capacity by 500,000m3. In 2022, ACCIONA, in collaboration with DHCU, secured the contract to operate, maintain, and improve Phase I of the oldest wastewater treatment plant (WWTP) of the complex, with a daily capacity of 1.5 Hm3. ACCIONA, in partnership with CAPW, has also been involved in the operation of the water infrastructure for the upper-level water supply network in New Cairo, a satellite city of Cairo approximately 30km east of the capital. This contract encompasses the collection of water from the Nile River, its transportation to a drinking water treatment plant, treatment, and subsequent storage before distribution to consumers. Beyond Gabal El Asfar, ACCIONA said that it has been instrumental in constructing five other drinking water treatment plants across Egypt, including Almerya, Rod el Farag, Mostorod, North Helwan I, and North Helwan II. These plants collectively have a total daily treatment capacity exceeding 600,000m3, serving an estimated population of over six million. ACCIONA's engineering extends to the Bahr Al Baqr WWTP in northwestern Egypt, equipped with advanced processes that produce quality water for the irrigation of local crops. This plant boasts a daily treatment capacity of 5.6Hm3. The company currently operates wastewater treatment plants in Abnoub-El Fath (80,000m3/day), Sodfa-El Ghanayem (30,000m3/day), El Ayat (30,000m3/day), and Abu Simbel (6,000m3/day).
Zawya
16-06-2025
- Business
- Zawya
ACCIONA-led consortium awarded €35mln O&M deal for wastewater plant in Egypt
A Spanish-Egyptian consortium has been awarded a €35 million operations and maintenance (O&M) contract for Phase II of the Gabal El Asfar wastewater treatment complex in Egypt, the company said on Monday. The eight-year agreement was signed by Spain's ACCIONA and Egypt's DHCU with Construction Authority for Potable Water and Wastewater (CAPW) and covers rehabilitation and upgrade works at two treatment plants, each with a capacity of 500,000 cubic metres per day (m3/day). Gabal El Asfar, located in eastern Cairo, is one of the largest wastewater treatment facilities in Africa and the Middle East, with a total treatment capacity of 2.5 million m3/day. It serves the eastern part of Cairo which has a population of eight million people. In 2013, ACCIONA was awarded the contract for the design, construction and commissioning of an expansion of Gabal El Asfar, increasing its daily treatment capacity by 500,000 m³/day. In 2022, the ACCIONA-DHCU consortium secured an O&M contract for Phase I of the of the oldest wastewater treatment plant (WWTP) in the complex, which has a capacity of 1.5 million m³/day. Beyond Gabal El Asfar, ACCIONA has been active in Egypt's water infrastructure sector through partnerships with CAPW including operation of the upper-level water supply network in New Cairo from collection and transport of water from the Nile River for drinking water treatment to subsequent storage and suppy to consumers. The company has been involved in the construction of five other drinking water treatment plants in the country (Almerya, Rod el Farag, Mostorod, North Helwan I and North Helwan II) with a total treatment capacity of more than 600,000 m³/day to serve an estimated population of more than six million. The company also designed and commissioned the 5.6 million m³/day Bahr Al Baqr wastewater treatment plant in northwestern Egypt which supports agricultural irrigation. ACCIONA currently operates the wastewater treatment plants of Abnoub-El Fath (80,000 m³/day), Sodfa-El Ghanayem (30,000 m³/day), El Ayat (30,000 m³/day) and Abu Simbel (6,000 m³/day). (Writing by Majda Muhsen; Editing by Anoop Menon)
Zawya
16-06-2025
- Business
- Zawya
Acciona awarded the operation and maintenance of one of the world's largest wastewater treatment plants in Egypt
CAIRO (EGYPT): ACCIONA, in a consortium with the local company DHCU, has been selected by the Construction Authority for Potable Water and Wastewater (CAPW) in Cairo (Egypt) to carry out the operation and maintenance for eight years of Phase II of the Gabal El Asfar wastewater treatment complex. The contract, awarded for €35 million, covers the execution of various rehabilitation works and upgrades on two plants of the complex, each with a capacity of 500,000 m³ per day. Gabal El Asfar is the largest wastewater treatment facility in Africa and the Middle East, and the third largest in the world in terms of treatment capacity, at 2.5 Hm³ per day. It serves the eastern part of Cairo which has a population of eight million people. EXTENSIVE EXPERIENCE ACCIONA has extensive experience in water treatment in Egypt. In 2013, ACCIONA was awarded the contract for the design, construction and commissioning of an expansion of Gabal El Asfar, increasing its daily treatment capacity by 500,000 m³. In 2022, the company, also together with DHCU, won the contract to carry out the operation, maintenance and improvement of Phase I of the oldest wastewater treatment plant (WWTP) of the complex, with a capacity of 1.5 Hm³ per day. ACCIONA has also worked, together with CAPW, on the operation of the water infrastructure for the upper-level water supply network in New Cairo, a satellite city of Cairo, located about 30 kilometers east of the capital. This contract includes the collection of water from the Nile River, its transport to a drinking water treatment plant and its treatment and subsequent storage before being supplied to consumers. The company has been involved in the construction of five other drinking water treatment plants in the country (Almerya, Rod el Farag, Mostorod, North Helwan I and North Helwan II) with a total treatment capacity of more than 600,000 m³ per day to serve an estimated population of more than six million. ACCIONA also carried out the engineering, design, supervision and commissioning of the Bahr Al Baqr WWTP, located in northwestern Egypt, with a capacity of 5.6 Hm³ per day. The plant is equipped with advanced processes to produce water of optimal quality for the irrigation of local crops. The company currently operates the wastewater treatment plants of Abnoub-El Fath (80,000 m³/day), Sodfa-El Ghanayem (30,000 m³/day), El Ayat (30,000 m³/day) and Abu Simbel (6,000 m³/day). ACCIONA is a global company and a leader in the provision of regenerative solutions for a decarbonized economy. Its business offer includes renewable energy, water treatment and management, eco-efficient transportation and mobility systems, resilient infrastructures, etc. The company has been carbon neutral since 2016. ACCIONA recorded sales of €19.19 billion in 2024 and has a business presence in more than 40 countries.
