Ferrovial - Annual Report 2012

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Construction

Cadagua

Cadagua is one of the most prestigious international companies in the design and construction of water treatment plants, mainly seawater desalination plants, but also sewage treatment, water purification and waste treatment plants.

In 2012 it had revenue of 125 million euro with an order backlog at the close of the year totaling 518 million euro. Its international operations account for 47% of the division’s sales, in line with its strategy of international diversification, which began to gather strength in 2007.

The company has maintained its commercial focus on international markets, using resources from its Spanish activities to reinforce operations in markets in the Middle East, India, Poland Latin America and several Western European countries, such as the UK, Portugal, Cyprus and Ireland.

Among the contracts it has been awarded is the B.O.O. contract for the Al Ghubrah desalination plant in Oman, signed in February 2013. This is Cadagua’s first involvement as an international concessionaire, in a construction contract worth more than 200 million dollars (in a 37.5% JV), as well as a 20-year maintenance contract.

Projects inaugurated in 2012 include the Águilas- Guadalentín desalination plant in Murcia, one of the world’s largest facilities for seawater desalination via reverse osmosis, with a maximum production capacity in its initial phase of 180,000 m3 per day, and 210,000 m3 in the second phase. Also opened was the drinking water plant in Valmayor, in the Madrid region, which was extended by Cadagua to double its treatment capacity.

In 2012 the Valdelentisco Desalination Plant, built by Cadagua, was distinguished by the American Water Works Association and American Membrane Technology Association as an example to be followed by reverse osmosis plants in the United States. The Valmayor water treatment plant received a special mention among the Best Civil Works projects of 2012 from the Madrid Association of Civil Engineers.

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This is an electronic version of the 2012 Annual Report prepared by Ferrovial, S.A. for its stakeholders, which aims to be complete and accurate. The contents of this version can be checked by referring to the print version. A copy of the print version in PDF format is available to download on this web page