Graña y Montero announces awarding of US$ 187 mm contract
October 01 2014 - 9:37PM
Business Wire
Graña y Montero S.A.A. (NYSE: GRAM) (BVL: GRAMONC1) (“the
Company” or “Graña y Montero”) a leading Engineering and
Construction company, announced that its Chilean subsidiary Vial y
Vives - DSD S.A., has received an adjudication letter with the
“Buena Pro” for the project denominated 01-OC: “Construction of
Civil Works for Ñuble de Pasada Hydroelectric Plant” for the client
Hidroelectrica Ñuble SpA (subsidiary of Electrica Puntilla
S.A.).
The project consists on the execution of all the necessary civil
works for the proper functioning of the Ñuble Hydroelectric Plant,
which consists on the construction of the water intake, abduction
canal, discharge piping and the machine room.
The amount of this project is of US$ 187´566,763.74.
About Graña y Montero S.A.A.
Founded in 1933, Graña y Montero is the only Peruvian
engineering and construction company listed on the Lima Stock
Exchange since 1997 and now also the NYSE. The Company has
participated in the development of major engineering and
construction projects in Peru, including large-scale, complex
projects in the energy, mining, construction and real estate
sectors.
With 80 years of operations, the Company has leveraged its
engineering and construction expertise into complementary lines of
business, such as the development, ownership, operation and
maintenance of infrastructure assets, real estate developments, and
the provision of technical services. The Company has significant
investments in infrastructure concessions, such as three toll roads
and Line 1 of the Lima Metro.
The Company has also executed several projects outside Perú, and
has acquired three companies in Chile: DSD Construcciones y
Montajes, an engineering and construction company specialized in
providing services to the energy, oil and gas, cellulose and mining
sector in Chile and Latin America; Vial y Vives, a construction
company specialized in the mining sector, and CAM, which is
specialized in electric services, with operations in Chile, Peru
and Colombia.
Graña y Montero S.A.A.Juan Jose Arrieta, 511-213-6598Corporate
Responsibility Officerjarrieta@gym.com.peorDennis Gray F.,
511-213-6583Investor Relations
Officerdgray@gym.com.perelacion.inversionistas@gym.com.pe
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