Isolux Corsan, a leading global construction, concessions, energy and industrial services company, has signed a contract with Colombian company, Bioenergy. Local oil company, Ecopetrol SA, holds 85 percent in Bioenergy. The contract is for Isolux to construct a plant for the production of bioethanol from sugar cane, with a processing capacity of just over 2 million tons of cane annually, a 40 megawatt co-generation plant using bagasse or sugar cane waste, as well as other facilities for the distillation, milling and production of vinasse using the same raw material.

The facilities are to be constructed in the Meta Department of Colombia, which is situated between the towns of Puerto Lopez and Puerto Gaitan, an area which is generally occupied by cattle ranches, and is now being transformed into a place for agricultural use, including sugar cane.

The contract was awarded after Isolux Corsan was selected from a tendering process with three other companies. The total amount awarded for the project under the contract is $140 million. This project marks the first biofuel project for Isolux Corsan that will take place outside of Europe. Work is scheduled to begin immediately.

Isolux Corsan has a wealth of experience in designing, constructing, commissioning and maintaining biofuel plants. The Company has developed biodiesel plant projects for Infinita Renovables, with a production capacity of 300,000 Tn and 600,000 Tn. Additionally, Isolux Corsan constructed a biofuel plant for Iniciativas Bioenergeticas with production capacity of 250,000 Tn. Isolux Corsan is a Spain-based construction company that operates in 25 countries on four continents.