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RNS - WEBUILD: LANE AWARDED USD337 MILLION (EUR288 MILLION) PROJECT TO WIDEN AND MODERNIZE INTERSTATE 85 IN NORTH CAROLINA, USA

Company: Webuild Date: 2025-07-16 Language: English Register to download

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## **PRESS RELEASE**

## **WEBUILD: LANE AWARDED USD337 MILLION (EUR288 MILLION) PROJECT TO WIDEN AND MODERNIZE INTERSTATE 85 IN NORTH CAROLINA, USA**

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## *Courtesy of HDR*

*Milan, 16 July 2025 -* Lane, Webuild Group's US subsidiary, has been awarded a new USD337 million (approximately EUR288 million, 100% Lane) project contract to design and build works to widen and modernize the Interstate 85 (I-85) in Gaston County, North Carolina, USA. The awarding further strengthens the role of Lane and the Webuild Group to build complex infrastructure in North America, its second largest foreign reference market in revenue terms.

Commissioned by the North Carolina Department of Transportation, the new project will involve approximately 16 kilometres (4.1 miles) of the I-85 between in the section between NC 7 (Exit 23) and east of NC 273 (Exit 27). Once finished, the works will ensure safer, more efficient connections for the entire region. Works, to be completed by 2029, will be carried out without suspending traffic and reducing interruptions along the highway corridor to the minimum.

The contract foresees widening the highway from six to eight lanes, the replacement or widening of six bridges and the reconstruction of two interchanges, with the aim of improving safety and traffic flow along one of the most strategic sections for commuters of the Charlotte metropolitan area. The contract also includes the improvement to intersection between Belmont Mount Holly Road and the US 29/74.

The Webuild Group has been historically present in the USA. Webuild, with Lane, is currently building important infrastructure projects in the US, like the two twin Palisades tunnels to strengthen the railway connections of New York, the modernization of a section of the I-64 in Virginia and to widen the Seminole Expressway/SR 417 in Florida, where it is also working on the I-275/I-4 Downtown Tampa Interchange (DTI) project in Tampa, and on the interconnections between the I-4 and Sand Lake Road, and between the I-4 and the SR 535 in Orange County.

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*Webuild is a global leader in the design and construction of large, complex infrastructure projects in sustainable mobility, hydropower, water treatment, and green buildings. A recognized leader in the water sector, it works in approximately 50 countries with over 92,000 people of 125 different nationalities. The Group boasts nearly 120 years of applied engineering on more than 3,700 completed projects, with a track record of 13,648 kilometres of railways, 891 kilometres of metro lines, 82,577 kilometres of roads and highways, 1,022 kilometres of bridges and viaducts, 3,462 kilometres of tunnels, and 318 dams and hydropower plants. Among its most famous projects: the expansion of the Panama Canal, the Long Beach International Gateway bridge in California, the Third Bosphorus Bridge in Turkey, the Sydney Metro Northwest skytrain viaduct and bridge, the Kingdom Centre skyscraper in Riyadh, Saudi Arabia, and numerous metro lines in Copenhagen, Paris, Rome, Milan, Naples, Doha, Thessaloniki, and Riyadh. Among the main ongoing projects, the following stand out: the New Genoa Breakwater, the Brenner Base Tunnel, The Pedemontana Lombarda Highway, Line C of Rome's metro network, the high-capacity railways between Genoa and Milan, the high-speed railway between Naples and Bari, the Palermo-Catania-Messina high-capacity railway, the Snowy 2.0 hydropower scheme in Australia, and the Trojena dam network in Saudi Arabia. As of December 31, 2024, the Webuild Group registered total revenues for €12 billion and a total backlog of €63 billion, with more than 90% of its construction backlog related to projects linked to the United Nations Sustainable Development Goals (SDGs). Webuild, subject to the direction and coordination of Salini Costruttori S.p.A., is headquartered in Italy, is listed on the Milan Stock Exchange, Borsa Italiana (WBD; WBD.MI; WBD:IM), and since 2021, it is included in the MIB ESG index of the Italian blue-chip companies with the best ESG practices.*

*More information at www.webuildgroup.com*

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**Contacts:** 

**Francesca Romana Chiarano Amarilda Karaj Senior Manager - Media Relations Investor Relations Tel. +39 338 247 4827 Tel +39 02 444 22476 mail: f.chiarano@webuildgroup.com email: a.karaj@webuildgroup.com**

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