Fluor
Corporation (NYSE:FLR) announced today that it is part of the 3Angle
consortium, a special purpose company selected as the preferred bidder
by the Dutch government for the A27/A1 public private partnership (PPP)
project in the Netherlands.
The Directorate-General for Public Works and Water Management of the
Netherlands [Rijkswaterstaat] selected the 3Angle consortium, comprised
of Fluor, Heijmans Capital and 3i Infrastructure, for the design, build,
management, maintenance and financing of existing and new infrastructure
of the A27 motorway between Utrecht and Hilversum and the A1 between
Utrecht and Bunschoten-Spakenburg. The project has a total value of
approximately €220 million and includes a 25-year management and
maintenance period.
“Fluor has 15 years of experience working on significant PPP
infrastructure projects in the Netherlands and we look forward to using
this expertise to successfully deliver this important upgrade project,”
said Hans
Dekker, president of Fluor’s Infrastructure business.
The A27 project will improve safety and traffic flow by widening the
motorway from two to three lanes and widening the A1 motorway from two
to four lanes. The project will also reduce congestion and enhance the
quality of life in surrounding communities. Construction is due to be
completed in 2019.
Fluor, Heijmans Capital and 3i Infrastructure will be the sole
shareholders in 3Angle, each with an equal 33.3 percent share. Fluor and
Heijmans will also participate in the engineering, procurement,
construction (EPCM) and operation phase with equal shares.
Financial close is targeted for October 2016.
About Fluor
Fluor
Corporation (NYSE:FLR) is a global engineering, procurement,
fabrication, construction and maintenance company that designs, builds
and maintains capital-efficient facilities for its clients on six
continents. For more than a century, Fluor has served our clients by
delivering innovative and integrated solutions across the globe. With
headquarters in Irving, Texas, Fluor ranks 155 on the FORTUNE 500
list with revenue of $18.1 billion in 2015 and has more than 60,000
employees worldwide. For more information, please visit www.fluor.com
or follow us on Twitter @FluorCorp.
About Heijmans
Heijmans is a listed company that combines activities related to
property development, residential building, non-residential building and
infrastructure in the working areas living, working and connecting.
Heijmans is active in the Netherlands, Belgium and Germany and as a
technology partner delivers know-how and concepts in various markets.
Our constant focus on quality improvements, innovation and integrated
solutions enables us to generate added value for our clients. Heijmans
realizes projects for private consumers, companies and public sector
bodies. With over 6,500 employees and almost €2.0 billion in revenues in
2015, we are building the spatial contours of tomorrow. You will find
additional information on www.heijmans.nl.
About 3i Infrastructure
3i Infrastructure is a Jersey-incorporated, closed-ended investment
company, listed on the London Stock Exchange and regulated by the Jersey
Financial Services Commission. The Company is a long-term investor in
infrastructure businesses and assets. The Company’s market focus is on
economic infrastructure and greenfield projects in developed economies,
principally in Europe, investing in operating businesses and projects
which generate long-term yield and capital growth.
3i Investments plc, a wholly-owned subsidiary of 3i Group plc, is
authorized and regulated in the UK by the Financial Conduct Authority
and acts as Investment Adviser to 3i Infrastructure plc.
Fluor CorporationGlobal Media Relations:Brian Mershon, 469-398-7621orBrett Turner, 864-281-6976orInvestor Relations:Geoff Telfer, 469-398-7070orJason Landkamer, 469-398-7222orEAME Media Relations:Janet Kearns, +44 1252 292039 or +44 7802 373466