Webuild S p A : wins new water sector contract as subsidiary Lane awarded $258 million contract for Kansas Citys Levees Flood Protection Project

Milan - May 12, 2021 - Lane Construction, a U.S. subsidiary of the Webuild Group, has won the Kansas Citys Levees Flood Risk Management Project from the U.S. Army Corps of Engineers for $258 million.

The environmental sustainability project will prevent flooding and the overtopping of levees in the heart of Kansas City's industrial and commercial districts, also helping to safeguard approximately 27,000 residents and workers, and infrastructure worth over $10 billion, including one of the largest rail yard networks in the United States.

Contract works include raising the existing levees and floodwalls by an average of four feet (over a metre), replacing and modifying them, building new sections, and numerous rail yard flood gate closure structures located in the states of Kansas and Missouri, along some 17 miles of the units Argentine and Armourdale, and the Central Industrial District Levee (CID), on the Kansas River. Works are to begin in June 2021, and to be completed in 2026.

The contract is Lane's most recent win in the major water sector and large earthwork projects, a key growth area sector for both Lane and the entire Webuild Group. Lane is also working on another smaller levee project, the Blue River Basin, in the same area. Lane has other water projects underway around the country: the construction of a reservoir in South Florida, part of the Everglades wetland and sewage redevelopment plan and the construction of three tunnels, which will bring clean water to Washington DC, Seattle (Washington), and Fort Wayne (Indiana) communities.

Lane's current water projects account for over $1.5 billion in the company's portfolio. They benefit from Webuild's know-how, a world leader in the clean water sector, with infrastructural works covering the entire sustainable water management cycle. Expertise l that the Group is ready to now make available in the United States, just as in Italy, in view of the next infrastructural investments, in a counter-cyclical perspective, to relaunch the post- Covid-19 economic recovery.