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Capital increase for the amount of 709.5 million
euros
On 17 December FCC Group’s Board of Directors agreed to
implement a capital increase of 709.5 million euros at an issue
price of 6 euros per share. The aim of the operation was boost the
Group’s capital structure and reduce financial debt. The Group’s
two main shareholders, who are both on the Board, committed
to subscribing their shares. Similarly, Inversora Carso undertook a
commitment to subscribe any amount that did not correspond to
other shareholders during the ordinary subscription process. The
funds from the capital increase will be received on 4 March 2016.
FCC Aqualia secures its biggest contract ever in
Egypt (2.400 million euros)
ELast August, an FCC Aqualia-led consortium was awarded the
tender for the Abu Rawash treatment plant located in Cairo (Egypt).
When the plant is fully operational, it will process 1.6 million m3 of
water daily. It will also provide service to 5.5 million people, making
it one of the largest treatment plants in the world. Additionally, in
this financial year, FCC Aqualia won further important international
projects, in line with its strategic objectives. This includes
projects in Latin America (Mexico and Chile) and Saudi Arabia
relating to treatment plant network set-up and maintenance.
FCC Medio Ambiente awarded a waste recycling
contract in Dallas (US) for a period of 15 years
In November the Environment Services area of FCC was awarded
a contract for the construction and operation of a waste recycling
plant in Dallas. The 15 year contract, extendable for an additional
10 years, will generate approximately 270 million euro in revenue.
This followed the announcement in September last year that FCC
had secured a contract for the collection of municipal solid waste in
two areas of Orange County (Florida). The 85 million euro contract
is for a period of 10 years and will provide a service to 400,000
residents. In Spain, the sales of the Environmental Services
area amounted to 1.400 billion euros over the financial year.
Milestones
of the
financial year