January 27, 2018 / 6:26 AM / a month ago

ICA Fluor wins $198 million Mexico City airport tender

MEXICO CITY (Reuters) - Mexico-based company ICA Fluor has won a contract to build the medium-voltage electrical distribution network for the new Mexico City airport, the state-run company overseeing the project said on Friday.

    Grupo Aeroportuario de Mexico City (GACM) said ICA Fluor won the 3.656 billion peso ($198 million) tender in conjunction with Mexican firm Industria del Hierro.

    ICA Fluor is a joint venture between Mexican construction company ICA (ICA.MX) and U.S. engineering firm Fluor Corp (FLR.N).

    Struggling with heavy debt, ICA said in August it had filed a pre-packaged bankruptcy plan that had been subscribed to by the majority of its creditors.

    Reporting by Noe Torres; Editing by Tom Hogue

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