The total value of the project is estimated at 2.3 billion euros

Acciona signs the biggest project in its history: Line 6 of the São Paulo underground

PHOTO/REUTERS - In Latin America, it is already working in Brazil on the development of two lots of the São Paulo Subway Line 2.

Acciona has signed the contract, with the Brazilian consortium MOVE and the State of São Paulo, for the concession to build and operate Line 6 of the Brazilian city's Metro.

This is the largest infrastructure project in the company's history and also the largest public-private project under development in Latin America, with a total value of 2.3 billion euros.

The company Concessionária Linha Universidade, of which Acciona is the main partner, will be responsible for completing the work, which has been halted since 2016, in five years.

Acciona has participated in the construction of underground railway lines in cities such as Madrid, Barcelona, Bilbao, Malaga, Seville, Valencia, Caracas, Medellin (Colombia), Hong Kong, Lisbon and Dubai (where it is working on the design and extension of the Red Line for Expo 2020). In Latin America, the company is already working in Brazil on the development of two lots for line 2 of the São Paulo Metro.

The subsequent contract for the operation and maintenance of line 6 (Orange Line) which, after its construction - which will generate 9,000 jobs - will serve 600,000 passengers a day, will be extended for another 19 years, the company said in a statement on Monday.

The orange line, which will have 15 stations along more than 15 kilometres, will connect the centre of the largest Brazilian city with its north-west end and will cross several neighbourhoods where some of the main universities of São Paulo are located.

In addition, Acciona is interested in taking over the concession of São Paulo State's railway lines 8 and 9, as these will have connections with Line 6 of the metro.

In 2021, Acciona plans to take its renewable energy division to Brazil, which represents 50% of the group's global income.

In Latin America, it is already working in Brazil on the development of two lots of the São Paulo Subway Line 2. In addition, it has implemented line 3 of the Santiago de Chile Metro and is close to completing the construction of line 1 of the Quito Metro, the largest mobility project in the Ecuadorian capital that will alleviate urban congestion and reduce polluting emissions.