Iridium is awarded the twenty five-year concession for the M11 Gorey to Enniscorthy Motorway project in Ireland, with an investment in construction of 220 million Euros.

The consortium in which Iridium holds a 50% participating interest has been awarded the contract for the final design, financing, construction, operation and maintenance of the “M11 Gorey to Enniscorthy Motorway” project in Ireland. The construction consortium is made up of Dragados, with 50%, and BAM Civil with 50%.

The investment in construction is up to 220 million Euros . The forecast period for the construction stage is 43 months, after which operation will commence for twenty five years.

This Project includes an initial section of 28 km of motorway and 4 km of dual-carriageway, with a second 8 km section of conventional road, where the works are limited to design and build.

This contract award comes three months after the recent award to the same consortium of the N25, a 15 km motorway section 40 km to the south.
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