OHLA is born, a new brand for the Madrid, Spain-headquartered global infrastructure group, with a total portfolio of more than $6.1 billion and a well known supplier of EPC services to mining. The new company is born with a strengthened balance sheet structure after reducing its overall debt in about $130 million and boosting its equity capital in about $220 million. After 22 years with the OHL brand, the transformation undergone by the company is reflected in a new visual identity. “OHLA, which shows the legacy of 110 years of history, is also synonymous with advancement, progress, openness and, above all, welcoming a new stage,” according to the Chairman of OHLA, Luis Amodio.
José Antonio Fernández Gallar, CEO of the company, emphasises that “We are going to develop infrastructures that will drive sustained growth and in which public-private partnership models will play an important role.” OHLA, ranked 47th on Engineering News-Record’s list of the Top 250 International Contractors, will continue to have its strategic markets in Europe, the USA and Latin America, where it will develop projects through its lines of activity.
In construction, this year it will reach a contracting volume of more than $3.6 billion, mainly due to new contracts in the US, Latin America and Europe. Concessions are described as the company’s catalyst for the future, it will focus on the hospital and road sectors in Latin America, and will analyse assets in Europe and USA. In industrial, it will strengthen its renewable energy business and It will also face new challenges in the mining and cement and fire protection sectors. Services growth will be boosted through the use of innovative solutions while developments will focus on the construction and rehabilitation of residential assets.
Looking at mining specifically, in Peru alone completed OHLA projects include the Antamina mine taillings dam Phase Vib in Peru and the Talabre taillings dam in Chile. Completed water dams include the Chuspiri dam, at the Las Bambas mining project, the Antamina mine polishing pond dam built-up, the Asana River diversions barrier in the Quellaveco mining project and the Pad la Quinua leaching pads in the Yanacocha mine. It also completed the design, procurement, construction and startup of a crushing plant with agglomeration and semi continuous stockpiling system for gold ore at the Pan American Silver Shahuindo mine and the design, construction and startup of a o 5.5 km, 18,000 t/d overland conveyor mineral transportation system at Buenaventura-owned El Brocal lead-zinc-silver operation in Cerro de Pasco.
In Chile, projects have included the comprehensive copper oxide ore crushing, acid treatment and stacking service for Codelco at Ministro Hales and construction and commissioning for the conversion and expansion of the copper sulfide processing plant at the Mantos Blancos concentrator
