Hydroelectric project in Brazil earns $146mn contract

Arcadis, an international consultancy, design, engineering and management services company, said that its Brazilian subsidiary, Arcadis Logos, as part of a consortium, has signed a $146 million contract with Norte Energia S.A. to provide owner's engineering services to the 11,200 MW Belo Monte hydroelectric power plant project in Brazil.

Arcadis Logos has a 35 percent stake in the consortium and its part of the contract amounts to $51 million. The consortium, which also includes Themag, Concremat and Engecorps, will perform design certification, construction management and supervision, planning coordination, expediting and commissioning activities.

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