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2026 Annual General Meeting

Our Annual General Meeting will be held (on second call) on 8 May at 12:00 in the South Auditorium at IFEMA, Avenida del Partenón, 5 – Madrid.

ACS Group increases its Net Profit to €950 million

ACS Group achieved an attributable net profit of €950 million in the 2025, an increase of 14.8% compared to the same period last year, or 23.2% adjusted for exchange rate effects. Earnings per share (EPS) grew by 14.2%, to €3.69. The Group’s ordinary net profit, which excludes extraordinary results in both periods, increased by 25%, exceeding €857 million, supported by the solid performance of Turner.
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SR 400 Express Lanes Project Breaks Ground, Advancing Major Mobility Investment in Atlanta

ACS Group companies, ACS Infra (IRIDIUM) and FlatironDragados, today joined the Georgia Department of Transportation (GDOT), the Georgia State Road and Tollway Authority (SRTA), other project partners and key stakeholders to break ground on the SR 400 Express Lanes project.
Delivered under the SR 400 Peach Partners consortium, the 16-mile (25.75-kilometer) managed lanes public-private partnership (P3) will expand capacity along SR 400 from the North Springs Metropolitan Atlanta Rapid Transit Authority (MARTA) Station in Fulton County to McFarland Parkway in Forsyth County, improving travel reliability, enhancing safety, and supporting continued economic growth in metro Atlanta.
SR 400 Peach Partners—comprised of ACS Infra (IRIDIUM), Acciona, and Meridiam as developer and equity sponsors—will deliver the project in partnership with GDOT and SRTA under a long-term P3 agreement. FlatironDragados and Acciona will lead the construction, with Parsons serving as the lead design engineer. The project represents a key component of Georgia’s Major Mobility Investment Program (MMIP) and the first revenue-risk procurement under the program.
“This groundbreaking marks an important milestone for one of Georgia’s most critical transportation corridors,” said Steve DeWitt, CEO of ACS Infra. “In partnership with GDOT and SRTA, we are proud to deliver a project that will provide long-term mobility benefits, support economic growth, and improve the daily travel experience for the communities along SR 400 and the greater Atlanta metropolitan area.”
“As we enter the construction phase, we’re proud to continue our close collaboration with GDOT and our joint-venture partners on this vital investment,” said Javier Sevilla, CEO of FlatironDragados. “This complex initiative will generate significant employment opportunities and drive sustained economic and business growth across the region.”
Project
With a total investment of approximately $10.8 billion and a concession term exceeding 55 years, including a 5.5-year construction period and 50 years of toll operations, the SR 400 Express Lanes project will feature dynamically priced express lanes in each direction, giving drivers a reliable travel-time option while maintaining free access to existing general-purpose lanes. The project will further enhance connections with the SR 400/I-285 interchange, new bridges, and corridor-wide technology systems designed to optimize traffic flow and improve safety. While enhancing travel reliability for drivers, the project will also support existing MARTA connections and future bus rapid transit improvements along the corridor.
The project’s financing structure combines federal credit assistance through a TIFIA loan and tax-exempt private activity bonds (PABs), with committed equity investment, providing a strong foundation for delivery of this critical investment. Construction will advance in phases across the corridor, with major field activity beginning this spring.
Construction is expected to result in significant job creation and related economic activity throughout the region. The project will also create numerous opportunities for local contractors, suppliers, and workforce participation across the corridor. Once complete, the project will improve corridor performance, reduce congestion, and strengthen connectivity between key employment centers, residential communities, and transit hubs, including MARTA.
The SR 400 Express Lanes project has already received industry recognition for its innovative financial structure, earning both IJGlobal North America Transport Deal of the Year and PFI Americas Infrastructure Deal of the Year honors.

Apr 22, 2026·3 min read
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CIMIC set to build a large-scale data center project in Malaysia

CIMIC Group company Leighton Asia has secured a contract to deliver a large-scale data centre project in Malaysia. The award builds on Leighton Asia’s successful delivery of data centre projects across Asia and strengthens its position as a leading contractor of mission‑critical digital infrastructure. The project forms part of a multi‑phase hyperscale campus development that will support the region’s accelerating demand for secure, resilient and energy‑efficient digital capacity. Leighton Asia will undertake the end‑to‑end delivery of the campus works, drawing on its regional expertise and strong supply‑chain partnerships. Early works and enabling activities have positioned the project for a seamless transition into main works delivery. ACS Group and HOCHTIEF Chief Executive Officer and CIMIC Group Executive Chairman Juan Santamaría said: “Investment in large‑scale digital infrastructure like this is essential for the next phase of economic growth across Southeast Asia, providing the platforms required for cloud, data and technology‑led industries to expand with confidence. Leighton Asia brings a strong regional track record in delivering data centre developments, supported by technical expertise and established local partnerships.”
Leighton Asia has delivered a portfolio of data centre projects across Asia, with active and completed works in Malaysia, Indonesia, Thailand, India, the Philippines, Singapore and Hong Kong – leveraging its regional delivery capability in civil, structural, MEP and integrated delivery.

Apr 8, 2026·1 min read
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HOCHTIEF wins PPP project for the University of Southampton

As part of the Aspire consortium, HOCHTIEF has been awarded a contract for an accommodation project at the University of Southampton in the UK. The total contract value amounts to approximately EUR 200m. In addition to design and construction, the agreement also covers the financing and subsequent operation of several student housing facilities over a period of 50 years.
Together with consortium partners Cityheart Limited and Vinci Building Limited, HOCHTIEF PPP Solutions is responsible for the construction of 1,092 new student accommodation units on the Connaught and South Stoneham campuses by 2029. In addition, the companies are modernising 399 existing rooms and restoring the listed Stoneham House, a historic landmark of the university. The University of Southampton plans to increase its student numbers to 30,000 by 2031 and requires increased accommodation facilities to meet this demand.
ACS Group and HOCHTIEF CEO Juan Santamaría: “We are building the infrastructure the university needs to support its planned growth, whilst at the same time strengthening our position in the UK market. By combining design, construction, financing and operation, we are creating student accommodation that provides long-term value to the university and its students.”
The buildings are designed for emission-free operations and will exceed the UK’s Net Zero Carbon (NZC) targets. The project agreement also includes a commitment to increase the proportion of affordable accommodation in the university’s portfolio by ten per cent. The consortium partners have a long history of collaboration in the infrastructure sector and have already jointly delivered around 30,000 student beds in the UK.

Mar 25, 2026·2 min read
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Abertis strengthens its leadership in France and reaches 100% ownership of the A63

Abertis has reached an agreement with HICL Infrastructure, CVC DIF and NGE Autoroutes for the acquisition of the remaining 48.8% stake in the French motorway A63, a core transport corridor between Spain and northern Europe, with 25 years of remaining concession life through to 2051.
This transaction further strengthens Abertis’ position in one of its key markets and advances its growth and cash flow replacement strategy, underpinned by a high-quality asset portfolio. The acquisition reinforces a well-diversified portfolio, with more than 60% of EBITDA generated in Europe and North America, and a balanced combination of growth opportunities through mergers and acquisitions and selective concession extensions.
Strategic corridor between Spain and Northern Europe
The A63 is a 104-kilometre toll motorway in operation since 2013, with dual three-lane connecting Salles and Saint-Geours-de-Marenne in south-west France. This asset is a key route between Europe and the Iberian Peninsula for goods transport between Spain and northern Europe, and serves as a link between Bordeaux, with one million-plus inhabitants and home to major scientific and engineering facilities, and the cities of Bayonne, Biarritz, Anglet and Saint-Jean-de-Luz.
Abertis France, which is wholly owned by Abertis, is a leading player in the French motorway sector, managing close to 2,000 kilometres of toll roads through the Sanef Group and the A63, which is now fully consolidated within the Group’s perimeter.

Mar 25, 2026·2 min read
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FlatironDragados to construct Howard A. Hanson Dam Additional Water Storage

FlatironDragados and joint venture partner Aecon have finalized a $691 million contract with the U.S. Army Corps of Engineers, Seattle District, to deliver the Howard A. Hanson Dam Additional Water Storage Fish Passage Facility in Ravensdale, Washington.
Employing the Integrated Design and Construction method developed by USACE, this collaborative approach brings together the designer of record and contractors from the early design phase through construction. The model improves coordination, helps mitigate risk and enhances cost and schedule certainty — supporting early alignment among project stakeholders and more informed decision-making throughout the project.
Following successful completion of the collaborative design phase, the project now is advancing into construction to deliver enhanced fish passage, ecosystem restoration, water supply reliability and flood risk reduction.
Located about 35 miles southeast of downtown Seattle, the project will improve passage for juvenile out-migrating salmon in the Green River. The facility will allow salmon to bypass the existing dam, supporting conservation of key species while maintaining flood risk management for the region. The facility will include a fixed multiport collector, steep slope bypass, deceleration tunnel and outfall stilling basin structures. This project enhances environmental resiliency in the Pacific Northwest. Construction is expected to begin in the second quarter of 2026.

Mar 11, 2026·1 min read

VIDEO

That was our Data Center Investor Day

In this video, we summarize our Investor Day 2025, focused on the Group’s roadmap for Data Centers through 2030, with the participation of leading investors and analysts. During the session, Group CEO Juan Santamaría shared ACS’s progress and vision for the next phase of its global growth.
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VIDEO

Opening video at the AGM 2025

At the ACS Group, we are driven by the future. That is why we are designing, building, transforming, and managing the infrastructure that society will need tomorrow. We are driven by change, innovation, sustainability, and progress. That is why we are leaders in traditional and new-generation sectors, including digitalization, energy transition, sustainable mobility, and biopharmaceuticals. In this video, we tell you who we are and how we are building a better future.
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2025 Anual General Meeting

In this video, we highlight the key takeaways: the evolution of Grupo ACS, our record-breaking figures in 2024, and the emerging opportunities in next-generation sectors, where we already hold leading positions. With speeches from our Executive Chairman, Florentino Pérez, and our CEO, Juan Santamaría, we share a clear vision: ACS Group continues to grow with ambition to lead the global transformation of infrastructure.
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This was our CMD; One Group, One Team

The ACS Group held its first Capital Markets Day at the Círculo de Bellas Artes to present its 2024-2026 Strategic Plan.
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We build a better future through the development and operation of infrastructures that help the economic and social progress of the countries in which we are present.

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