The Muskrat Falls Project is expected to take 4 years, and an estimated 500,000 cubic meters of concrete and 26,000 metric tones of reinforcing steel is expected to be used.
In 2012 the Astaldi acquired the Canadian company T.E.Q., a specialist in the civil works and project management sector with yearly revenues of about 50 million CAD.
Astaldi Group was set up in the 1920s when engineer Sante Astaldi established the one-man firm “Ing. Sante Astaldi”, a construction company that worked mainly on large-scale civil works contracts in Italy.
Astaldi has earned three prestigious Ingersoll-Rand Italy awards for Hydroelectric projects located in the Congo, Turkey and Honduras
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