Italy's Webuild wins $1 billion tunnel contract in Pennsylvania
Warner Bros Discovery WBD | 0.00 |
June 3 (Reuters) - Italy's largest construction company Webuild WBD.MI said on Wednesday its unit Lane had won a $1 billion contract for a tunnel project in the U.S. state of Pennsylvania, in a joint venture with local partner Brayman.
The project is part of the Allegheny County Sanitary Authority (ALCOSAN) Regional Tunnel System, and consists of about 8 kilometers of deep hydraulic tunnels, Webuild said.
The tunnel aims to reduce combined sewer overflows during heavy rainfall, preventing direct discharges of untreated water into the Allegheny, Monongahela and Ohio rivers.
Lane holds a 50% stake in the joint venture with Bayman.
The tunnel is the first of three planned under the Regional Tunnel System, part of the Clean Water Plan pursued by ALCOSAN.
