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Ferrovial Agroman JV to build the Northern Line Extension

Category: General / 15 September 2014

Ferrovial consortium chosen to expand London Underground for £500 million.

The consortium comprising equal partners Ferrovial Agroman, a Ferrovial subsidiary, and UK construction company Laing O'Rourke has been selected by London Underground to extend the Northern Line.

The project, which includes digging two tunnels and building two new stations, is worth 500 million pounds (around 628 million euro).

The consortium comprising equal partners Ferrovial Agroman, a Ferrovial subsidiary, and UK construction company Laing O'Rourke has been selected by London Underground (LU) to design and build the Northern Line extension.

The contract has already been signed.

The project, which is worth a total of 500 million pounds (around 628 million euro), is expected to be completed by 2020.

Ferrovial Agroman and Laing O'Rourke will extend the Northern Line from Kennington station, in south London. The project includes the construction of two new stations, Nine Elms and Battersea, with two additional ventilation shafts, 6 kilometres of new tunnel with an internal diameter of 5.1 metres.

The new infrastructure will support up to 25,000 jobs, 16,000 new homes and cut the journey times to the West End and the City to just under 15 minutes and reduce pressure on Vauxhall station.

This new contract further highlights Ferrovial's proven capacity to build underground transport systems.

A Ferrovial Agroman consortium is currently playing a key role in the development of Crossrail, with the excavation of two tunnels, the construction of a new station in Farringdon, and the execution of accesses and caverns for Bond Street and Tottenham Court Road stations.

Crossrail, the largest civil engineering project currently under way in Europe, will increase London's railway capacity by 10%.

Moreover, Transport for London recently awarded a consortium including Amey, a Ferrovial Services subsidiary, a 6.5 year contract to operate and maintain the Docklands Light Railway in London for 700 million pounds.

Ferrovial: 
Ferrovial is one of the world's leading infrastructure operators and municipal services companies, committed to developing sustainable solutions. The company has 65,000 employees and a presence in over 25 countries. Its main business areas are: Services, Toll Roads, Construction and Airports. It is a member of Spain's blue-chip IBEX 35 index and is also included in prestigious sustainability indices such as the Dow Jones Sustainability Index and FTSE4Good. Ferrovial manages Highway 407 in Toronto, Heathrow Airport, in London, Chicago Skyway, and the Ausol toll road in Spain, among other assets. It also provides municipal, environmental and infrastructure maintenance services in Spain, the UK, Poland, Portugal, Chile, Australia and Qatar.

Laing O'Rourke: 
Laing O'Rourke is a globally diverse engineering and construction group with a commitment to delivering excellence plus performance, founded on 166 years of experience. We fund, design, manufacture, construct and maintain the modern world - providing the buildings and infrastructure to accommodate, educate, employ, transport, care for and sustain communities. Our business model comprises the full range of engineering, manufacturing, construction and project management services. Through our fully integrated offering we deliver bespoke solutions to meet the particular requirements of some of the world's most prestigious public and private client organisations.

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