Ferrovial Servicios, through its subsidiary Amey, and Abengoa have been awarded in consortium the contract to electrify 250 km of railway line in southern England by Network Rail. The project, which is anticipated to be worth in the region of 190 million pounds sterling, equivalent to 230 million euro, is expected to be completed in 2019.
The consortium comprising Ferrovial and Abengoa has been selected by Network Rail to electrify 250 km of railway line in southern England for an amount anticipated to be worth in the region of 190 million pounds sterling (230 million euro) over five years. The contract includes the engineering, procurement, assembly and commissioning the electrification of the Basingstoke–Southampton and Basingstoke–Reading railway lines in southern England. The works are expected to begin in June and be completed in 2019. The project will contribute to the region's economic and social development by creating employment both directly and indirectly; and the consortium has agreed to hire 80% of personnel locally. To mitigate the environmental impact, a carbon emissions reduction plan has been designed. The contract is part of the national electrification program of Network Rail, the UK's main railway infrastructure company. This new contract strengthens Ferrovial's position, through its UK subsidiary Amey, as one of Network Rail's main contractors, while it continues to increase its experience in services to a range of railway operators and suppliers in the UK, including Transport for London, which manages London Underground. Abengoa is firmly established as a leading developer of railway projects throughout the world. It is currently building a 450 km high-speed railway line between Mecca and Medina, in Saudi Arabia. It was also recently awarded a contract to develop, operate and maintain the electrical system for the two new lines of the Santiago de Chile metro.