Cubico Sustainable Investments acquired Two operational wind projects in Uruguay from ACS, Actividades de Construcción y Servicios, S.A..
July 18, 2022
Share
Cubico Sustainable Investments acquired Two operational wind projects in Uruguay from ACS, Actividades de Construcción y Servicios, S.A. (BME:ACS) on July 19, 2022. Cubico was advised by White & Case Madrid, Posadas, Posadas & Vecino Montevideo and Estudio Rodrigo Lima (Legal), DNV (Technical), Willis (Insurance) and KPMG (Tax & Accountant).
Cubico Sustainable Investments completed the acquisition of Two operational wind projects in Uruguay from ACS, Actividades de Construcción y Servicios, S.A. (BME:ACS) on July 19, 2022.
ACS, Actividades de Construcción y Servicios, S.A. is one of Spain's leading construction groups. Net sales break down by activity as follows:
- construction of infrastructures and buildings (93.3%): civil engineering infrastructures (primarily highways, hydraulic constructions and railroads), non-residential and residential buildings;
- services (5.4%): cleaning, waste collection and treatment. Moreover, the group offers maintenance services of urban and industrial infrastructures, port and logistical services, and also social services and personal assistance services.
- industrial services (0.5%): development, construction, installation and maintenance of distribution networks of electricity, gas and water, industrial production systems, telecommunication networks, road traffic control systems, etc.;
- other (0.8%).
Net sales are distributed geographically as follows: Spain (9.4%), the United States (56.3%), Australia (20.2%), Canada (5.3%), Germany (2.4%) and others (6.4%).
ACS, ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS, S.A. 
