December 21, 2022
For Webuild, contract valued at au$3.83 billion (€2.4 billion)
Financial close reached for major sustainable mobility contract won by consortium on Western Sydney Airport Metro Line in Australia
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Biggest contract assigned by Sydney Metro, biggest PPP in New South Wales
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Webuild and consortium partners selected preferred proponents in November
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Project to connect Sydney Metro with new Western Sydney International Airport
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Webuild to lead joint-venture in construction of six stations, installation of tracks and systems on 23-kilometre line
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Contract includes operation and maintenance of the line for 15 years
MILAN, December 21, 2022 – Webuild, as part of the Parklife Metro consortium, has reached financial close on a contract to build the Sydney Metro - Western Sydney Airport project that will connect the new Western Sydney International Airport with greater Sydney, Australia. Webuild’s stake worths approximately AU$3.83 billion (approximately €2.4 billion).
Webuild and its partners had been selected preferred proponents for the contract in November. Webuild has approximately a 78% stake in the joint-venture that will execute the civil works along with Siemens. It also has a 10% stake in the project company, which includes Plenary Group, Siemens Mobility and RATP Dev.
Webuild and its Parklife Metro consortium partners have entered into a Public Private Partnership (PPP) to execute the Stations, Systems, Trains, Operations and Maintenance (SSTOM) package. The consortium will also operate and maintain the 23-kilometre line for 15 years after it becomes operational.
The contract comprises six stations between the existing St. Marys interchange station and the new Western Sydney Aerotropolis; core rail systems and the stabling and maintenance facilities to be built at Orchard Hills; rail infrastructure and systems required for the supply, commission and operations of the new driverless trains.
The Western Sydney Airport project will be an expansion of Sydney Metro, improving services on the largest public transport network in the most populated city in the country. The line will support development in Western Sydney, with its construction creating thousands of jobs.
This project is the latest recognition of Webuild’s vast experience in sustainable mobility, with rail and metro projects throughout the world. In Australia, it recently delivered the , a light rail transit service that connects the eastern suburbs of the city with the centre via the airport.
Australia is a core market for Webuild in light of the investments the country is making in sustainable mobility and renewable energy. The Group has started work on Australia’s biggest PPP, the in Melbourne’s north east, to add the missing link in the city’s freeway network. In Sydney, it built the cable-stayed bridge and viaduct for , the most complex part of the line.