Finance
Acciona, ACS and others win $4 billion railway contract in Australia
Published by Global Banking & Finance Review®
Posted on February 6, 2026
1 min readLast updated: February 6, 2026
Quick Summary
Acciona and ACS, part of a consortium, win a $4 billion contract for a railway project in Queensland, Australia, to enhance connectivity before the 2032 Olympics.
Acciona and ACS Lead $4 Billion Railway Project in Australia
Overview of the Railway Contract
Feb 6 (Reuters) - A consortium that includes the Australian units of Spanish firms Acciona and ACS won a 5.75 billion Australian dollar ($4 billion) contract for rail construction works on a major railway connecting Logan and the Gold Coast in Queensland, Australia, Acciona said on Friday.
Details of the ActivUs Consortium
The contract was awarded to the ActivUs consortium, which includes Acciona, ACS's CPB Contractors and UGL, as well as SMEC and WSP.
Project Goals and Timeline
The project aims to meet high demand for travel between Brisbane and the Gold Coast ahead of the 2032 Brisbane Olympic and Paralympic Games, Acciona said in a statement, adding that the works are projected to start in the first half of 2026.
A spokesperson for Acciona declined to clarify the size of the stake it holds in the consortium.
ACS, WSP and SMEC did not immediately reply to Reuters' requests for comment.
($1 = 1.4320 Australian dollars)
(Reporting by Javi West Larrañaga in Gdansk; Editing by Susan Fenton)
Key Takeaways
- •Acciona and ACS lead a consortium for a $4 billion railway project.
- •The project connects Logan and the Gold Coast in Queensland.
- •Construction aims to meet travel demand before the 2032 Olympics.
- •Work is set to begin in the first half of 2026.
- •The consortium includes CPB Contractors, UGL, SMEC, and WSP.
Frequently Asked Questions about Acciona, ACS and others win $4 billion railway contract in Australia
1What is a consortium?
A consortium is a group of companies or organizations that come together to collaborate on a specific project, sharing resources, expertise, and risks to achieve common goals.
2What are project goals?
Project goals are specific objectives that a project aims to achieve, guiding the planning and execution of tasks to ensure successful completion.
3What is the significance of the 2032 Brisbane Olympic Games?
The 2032 Brisbane Olympic Games are significant as they will bring international attention and investment to the region, impacting infrastructure development and tourism.
4What is the role of Acciona in the railway project?
Acciona is a leading construction and engineering firm involved in the railway project, contributing its expertise in infrastructure development and project management.
