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Spain's Sacyr signs 1.2 billion euro Idaho contract in U.S. concession debut

MADRID (Reuters) - Spain's Sacyr <SCYR.MC> said on Tuesday it had signed a contract with Idaho University valued at almost 1.2 billion euros (1.08 billion pounds) in portfolio revenue, in its first U.S. concessionary project.

The concession is to manage and improve the steam plant and utility system at the University of Idaho for a period of 50 years, Sacyr said.

(Reporting by Clara-Laeila Laudette; Editing by Nathan Allen)