News Ayesa wins design role on Lima’s new ring road The joint venture of Ferrovial, Sacyr, and Acciona has awarded Spanish engineer Ayesa the contract to provide detailed engineering for one of the three sections of a new, €3bn ring…
News Ferrovial reports good year after pivot to North America Ferrovial on Friday reported an adjusted EBITDA of €1.3bn in 2024, a 38.9% increase year over year in like-for-like terms. Revenue grew 6.7% to €9.1bn, and net profit amounted to…
News Ferrovial team win €98m contract to remodel congested Madrileño road A team comprising Spanish contractors Ferrovial, Gyocivil and Licuas has won a €98m deal to renovate a 70,000 sq m section of the Paseo de la Castellana in Madrid. The…
News Ferrovial team completes Porto’s €99m Yellow Line extension The joint venture of Ferrovial and Portuguese contractor Alberto Couto Alves has finished the €99m extension of Porto Metro’s Yellow Line. Portugal’s infrastructure minister Miguel Pinto Luz attended the inauguration…
News Eight construction firms make Time’s first global sustainability ranking Eight companies involved in international construction have made it onto the first Time Magazine-Statista ranking of the world’s 500 most sustainable companies. They include infrastructure builders Eiffage, Webuild, and Ferrovial,…
News Work starts on Latvian leg of high-speed Rail Baltica The ERB Rail joint venture officially started work on the €3.7bn, 220km Latvian leg of the Rail Baltica high-speed railway this week. Rail Baltica is an 870km railway linking the…
Companies Ferrovial launches on Nasdaq stock exchange Spain’s Ferrovial launched on New York’s Nasdaq stock exchange yesterday, meaning its shares are now trading in the US, Spain and the Netherlands under the ticker symbol “FER”. It called…
News Spanish heavyweights to build a €3bn ring road in congested Lima A consortium of large Spanish firms – Ferrovial, Acciona and Sacyr – has been selected to develop the Peripheral Ring Road in Lima, Peru as a 30-year public-private partnership with…
Projects ‘Halo’ fast elevator and walkway connects divided Spanish city Contractors Ferrovial and Oreco Balgón have completed “The Halo” pedestrian bridge in Vigo, northwestern Spain.
News Ferrovial buys €740m stake in Indian toll road company Spanish contractor Ferrovial has bought a 24% stake in Indian road builder IRB Infrastructure Trust for €740m. IRB owns 12 toll road concessions in India, covering an estimated 2,000km, with…
News Ferrovial develops tool to assess climate risks to projects Ferrovial says it has developed a method for assessing the risks severe weather events like snow, floods and drought pose to infrastructure during construction and after. It worked with the…
News Ferrovial sells Heathrow stake for $3bn Spanish construction group Ferrovial yesterday said it had agreed to sell its 25% stake in FGP Topco, the parent company of Heathrow Airport Holdings, for £2.4bn ($3bn). There are two…
Projects Ferrovial completes strategic floating solar plant in Madrid Ferrovial has installed a 1.7MW floating solar array on the lower reservoir of the century-old Torrelaguna mini hydroelectric plant near Madrid for the city’s water company, Canal de Isabel II…
News Ferrovial teams up with Georgia Tech on transport innovation Ferrovial and the Georgia Institute of Technology (Georgia Tech) have formally agreed to advance innovation in transport infrastructure.
News $1bn in contracts for Ferrovial in Florida and Texas Ferrovial subsidiary Webber has won nine road projects in Texas and Florida together worth more than $1bn. One of the nine is in Florida, to reconstruct one of the busiest…
Innovation Ferrovial adopts site “stakeout robots” for outdoor civil work Ferrovial has joined a number of construction firms using “stakeout robots” on its projects, including for outdoor civil works. The rolling machines draw full-scale plans on the surface or floor…
News Ferrovial completes new financing for the North Tarrant Express in Texas Ferrovial, through the NTE Mobility Partners consortium led by its subsidiary Cintra, has completed a financing arrangement to improve the North Tarrant Express toll road in Texas.
News Ferrovial lands role on €300m underground rail project in Barcelona A consortium of Ferrovial, Sacyr, Copisa, and Copcisa has won a €300m contract to extend the Llobregat-Anoia line of Barcelona’s FGC commuter rail system. They are tasked with building a…