Graña y Montero Announces Awarding of New Contract for Us$ 48 Million
23 Februar 2016 - 2:22AM
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 today that its subsidiary CAM was
awarded a contract for the execution of a project consisting of
providing a “comprehensive work and maintenance services in Lima”
for the client EDELNOR.
The scope of service includes new connections, power outage,
service restoration, invoice distribution and interpretation,
public lightning maintenance, emergency assistance, among
others.
The approximate amount of the contract is of US$ 48,200,000.00
and has a duration period of three years.
About Graña y Montero S.A.A.
Graña y Montero is the only Peruvian engineering and
construction company listed on the Lima Stock Exchange since 1997
and in the NYSE since 2013. 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 82 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, specializing in
electric services, with operations in Chile, Peru and Colombia. It
acquired Morelco, a Colombian company specialized in
electromechanical assemblies, civil works, and services for the oil
and gas industry as well as energy industry. Finally, it recently
acquired Adexus, which is a leading company based in Chile which
provides services and solutions of information technology for
Chile, Peru, Argentina and Ecuador.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160222006731/en/
Graña y Montero S.A.A.Dennis Gray, 511-213-6583Investor
Relations Officerdgray@gym.com.peorSamantha Ratcliffe,
511-213-6573Deputy Investor Relations
Officersamantha.ratcliffe@gym.com.perelacion.inversionistas@gym.com.pe
Grana y Montero SAA (NYSE:GRAM)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Grana y Montero SAA (NYSE:GRAM)
Historical Stock Chart
Von Jul 2023 bis Jul 2024