Acquisition of new orders

Acquisition of new orders

Peru - Lima Underground

On March 28, 2014, the international consortium formed by the Salini Impregilo Group (19%), Ansaldo Breda (12%) and Ansaldo STS (15%) - a Finmeccanica Company - the Spanish ACS Dragados Group (leader of the consortium with 25%), FCC (19%) and the manufacturer Peruvian Cosapi (10%) was awarded the contract maxi promoted by P - Agencia de promoción de la Inversion Privada for the granting of the construction and management of the enlargement of the London Underground network the city of Lima in Peru. The concession has a total value of approximately $9 billion of which approximately 4.7 for the construction of the works and the remaining infrastructure management during 35 years of the concession period. Salini Impregilo construction is equal to 25.5% of the civil works. The project, to be completed in 5 years, includes 35 km of underground line.

Austria - Brenner Tunnel, lot Tulfes-Pfons

The Salini Impregilo Group - in a grouping with the Austrian company Strabag - was awarded a contract on April 7, 2014, for the construction of the main Tulfes-Pfons lot in Austria of the Brenner Base Tunnel. This project, which is part of one of the main segments of the Trans-European Networks (TEN), will consist of underground civil engineering construction for a segment of the exploratory access shaft, the emergency access shaft for the Innsbruck bypass and two interconnecting tunnels. A total of 38 km in tunnels will be constructed. The value of the project is about €380 million and Salini Impregilo holds 49% interest in the grouping.

Slovakia – Design and construction of the Lietavská Lúčka – Dubná Skala stretch of highway

The company, leading a grouping of companies, with a share of 75%, was awarded the tender on April 17, 2014 for the design and construction of a 13.4 km section of the D1 highway in the northern part of Slovakia. The main items to be constructed include five viaducts, for a total length of 2.5 km, and a twin-tube tunnel 7.5 km in length. This stretch of highway is part of the Transportation Corridor No. 5 of the Trans- European Networks (TEN), which links Bratislava with Uzhhorod in Ukraine, and is financed by the European Union, through the European Investment Bank, and the government of Slovakia. The contract is worth about €410 million. Planning is at an advanced stage and excavation of the tunnel is expected to begin in the second quarter of 2015. The project will run for approximately five and a half years.

The contract will allow Salini Impregilo to break ground in a new market, where an important transportation development program is foreseen that will be financed by the European Union.

Italy- Brenner Base Tunnel, "Isarco river underpass" Lot

On October 23, 2014, Salini Impregilo, in a grouping with the Austrian company Strabag, and the client BBT SE – Brenner Base Tunnel/Brenner Basistunnel – signed the agreement to commence works for the construction of the "Isarco River Underpass – southern segment of the railway tunnel mega-project" for the Brenner Base Tunnel, the most important project to be contracted on the Italian side to date. The Brenner Base Tunnel is the primary element of a new railway line that will connect Munich and Verona. Once completed, at 64 kilometers, it will be the longest underground railway connection in the world. The contract value is about €301 million and Salini Impregilo holds 41% interest in the grouping. Construction is expected to take 8 years.

Poland - Design and construction of the S8 Expressway section from the "Marki" junction to the "Kobylka" junction

The Contract includes the design and construction of the ring road north of Warsaw on the S8 expressway to Bialystok between Marki and Radzymin (Lot I) for a length of 8.13 km. The project aims at relieving urban traffic congestion and includes the construction of 2 junctions (the ‘Zielonka’ junction and ‘Kobylka’ junction), 9 major engineering structures (5 bridges, 2 flyovers and 2 underpasses), and the resurfacing of other secondary and local roads. The contract is worth about €80 million and the work will last 32 months. The project, of European importance, was included in the "Program for the construction of state roadways in 2011-2015". The key benefits of the new expressway, besides relieving urban traffic congestion, include shorter travel times, a lower risk of accidents, fuel savings and less exhaust emissions and noise pollution.

Poland - Design and construction of the Lot 3 of the S3 Nowa Sòl – Legnica expressway

The Group, together with local company Pribex S.A., has won the contract to design and build a circa 14.4 km section of the S3 Expressway between the "Kazmierzow" and "Lubin Polnoc" junctions, located in Lower Silesia, about 450 km south-west of Warsaw. The lot is part of the larger project to resurface the S3 expressway from Świnoujście to Lubawka, which runs north to south through Poland, parallel with the German border. The S3 is part

of the European Route E65 and is supposed to speed up transport by reducing traffic in the numerous towns served by the old road.

The contract is managed by GDDKiA (Generalna Dyrekcja Dróg Krajowych i Autostrad) and follows the conditions set out in FIDIC Yellow (Design-Build). It was signed on December 22, 2014, which also marked the start of the estimated 30 months of work, including winter stoppages.

The project has a total value of approximately €135 million and is more than 50% financed by the European Union. It involves the creation of 3 junctions ("Kazmierzow", "Polkowice" and "Lubin Polnoc") and 25 major infrastructural works including bridges, overpasses and animal crossing points, and various minor works for the management of environmental impacts, drainage of surface water and interferences with various underground utilities. Two motorway service areas ("MOPs") are also included.

The design must take into consideration both the protection of the environment, given the numerous forests crossed and the impact on – and interference with – mining activities, which are highly important for the economy of the city of Lubin.

USA – Construction of the Dugway Storage Tunnel

The project is part of a broader plan for the collection, storage and treatment of water, with the objective of reducing the level of environmental pollution in Lake Erie. The Dugway Storage Tunnel in Cleveland, Ohio, is 4.5 km long, with a diameter of 8 meters. The contract involves the construction of 6 shafts of various diameters and depths, connections between the tunnel and the shafts and a series of concrete structures for the collection and transport of wastewater and rainwater. The value of the contract is USD 153 million (approximately €123 million).

Turkey – Cetin hydroelectric project

The Group has an 85% share in a contract worth approximately €260 million, won with the local company NTF, for the realization of the civil works relating to the "Cetin" hydroelectric plant on the Botan River, a tributary of the Tigris River in the province of Siirt, in the southeastern part of Turkey. The contract entails the construction of a rockfill dam with an asphalt core, 145 meters in height, with a volume of 11.5 million m³, intake works, spillway and open-air power plant for an installed power of 400 MW and 1100GWh/year.

Poland - S3 Expressway Nowa Sol-Legnica

The Salini Impregilo Group has a 95% share in a contract worth approximately €135 million for the design and construction of a 14.4 km section of the S3 Expressway in western Poland, not far from the city of Wroclaw. The works, which will last for 30 months, include three junctions: Kazmierzow, Polowice and Lubin Polnoc. It is the group’s fourth award in Poland this year, amounting to a total of €574 million.