Salini Impregilo

Lane Construction Awarded $176M Toll Road Contract in Texas

October 1, 2020

The Central Texas Regional Mobility Authority award to extend the 183A Toll Road in Williamson County, Texas is set to complete in 2024

Contracts

Salini Impregilo Returns to Canada With Ontario LRT Project

Italian contractor makes another North American inroad

Jim Parsons

October 28, 2019

No Comments

The consortium, led by global infrastructure owner-developer John Laing Investments Ltd., will design, build and finance the new 18-km, 19-stop light rail transit line.

$14B Texas High-Speed Rail Contract Goes to Salini Impregilo-Lane JV

Louise Poirier

October 2, 2019

13 Comments

Italian contractor and its U.S. unit won key design-build award for planned rail link between Dallas and Houston.

Construction Finance

Italian Banks Back Salini Impregilo Buy of Astaldi With $1.67B Loan Commitment

Jim Parsons

July 24, 2019

No Comments

Milan-based contracting giant moves step closer to consolidating country's troubled public works and construction sector.

Companies

Salini Impregilo Appears Set To Pick Up Astaldi, Go After More US Projects

Florida and Alabama have already moved to replace troubled contractor

Jim Parsons

July 2, 2019

2 Comments

Recapitalization would enable Milan-based Salini to purchase 65% stake in bankrupt Astaldi and spend $325 to settle debt.

Mergers and acquisitions

Salini Impregilo Offers Rescue Purchase of Astaldi Group

Milan-based firm would take 65% share of troubled Roman rival

February 14, 2019

No Comments

As part of the proposed deal, Astaldi would dispose of its interests in concessions, including those covering Turkey’s Third Bosporus Bridge.

Fast-track Contract Set for Replacement of Genoa Viaduct Where 43 Died in Collapse

Peter Reina

December 18, 2018

No Comments

Italy’s largest contractor Salini Impregilo S.p.A. and state-controlled shipbuilding giant Fincantieri Infrastructure have won a contract to rebuild the collapsed Polcevera Viaduct in Genoa.

Financial Distress

Salini Impregilo: We Could Acquire Troubled Astaldi

Peter Reina

October 5, 2018

No Comments

Astaldi has operated under court protection while trying to raise capital.

Acting Chief Engineer Picked for Ethiopian Dam

Shem Oirere

August 22, 2018

No Comments

Successor replaces murdered manager on the politically controversial Grand Ethiopian Renaissance Dam project.

Italy's Salini Impregilo To Shed U.S. Paving Unit, Seek NY Stock Exchange Listing

May 2, 2018

No Comments

Milan-based Salini Impregilo S.p.A. has named Goldman Sachs to advise on the possible sale of the $600-million-a-year paving unit of its U.S. subsidiary Lane Construction Corp.