Spanish construction group Ferrovial has decided to extend a collaboration with the Massachusetts Institute of Technology (MIT) for another five years, supporting low-carbon energy and sustainable infrastructure research at the university, at a cost of $5m.
Working together since 2007, the two entities have created the MIT Energy Initiative (MITEI) and the MIT Industrial Liaison Program (ILP).
Ferrovial says the MITEI research collaboration has benefited a number of different projects, such as sustainable urban mobility, building energy technologies and software automation.
Dimitris Bountolos, Ferrovial’s chief information and innovation officer (pictured), said: "The collaboration between Ferrovial and MITEI has resulted in twenty-five research projects in the development and management of sustainable infrastructure, including water, sustainability, mobility, engineering, and digitalisation.
"In recent years there has been a growing demand for collaboration focused on mobility and data." Â
Robert Armstrong, MITEI’s director, said: "We are pleased that Ferrovial will continue to support the innovative work coming from MIT’s energy research community through its membership with MITEI."
Image: Dimitris Bountolos, Ferrovial’s chief information and innovation officer (Ferrovial)