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Ferrovial forms a joint venture with Interogo Holding to manage its stakes in a set of concessions in Europe and Canada

Ferrovial and Interogo Holding, via its infrastructure investment fund Inter Infrastructure Capital (IIC), have created a joint venture vehicle (Umbrella Roads BV) to manage Ferrovial’s stakes in a number of road and parking concessions in Spain, Scotland, Ireland and Canada. The assets operate under availability payment schemes or have limited traffic risk. Ferrovial will transfer […]

Ferrovial agrees to acquire 24% of IRB Infrastructure Trust for EUR 740 million

Ferrovial, through its toll road subsidiary Cintra, has agreed to acquire a 24% stake in IRB Infrastructure Trust, an investment vehicle that holds a portfolio of 12 toll road concessions in India with a committed pipeline of 3 additional concessions, for a total investment of EUR 740 million (considering an exchange rate of 89.0 EUR/INR). […]

Ferrovial celebrates opening of NTE 35W Segment 3C in Texas – a more than $1 billion investment in improving America’s roadways

Construction of the third segment of the NTE 35W project in Fort Worth, Texas was completed three months ahead of schedule The 6.7-mile section of the I-35W represents an investment of more than $1 billion The project supports Ferrovial’s ongoing commitment to investing in America’s infrastructure Ferrovial, a global leader in infrastructure solutions, today announced […]

Ferrovial sells its stake in the Azores toll road for over €42 million

The transaction is part of the company’s strategy of rotating mature assets The company will provide technical services to the concession for two years Completion of the transaction is subject to approval by the Portuguese authorities and by lenders. Ferrovial, through its Toll Roads subsidiary, has reached an agreement to sell 89.2% of the Azores […]

Webber Awarded $265M for Expansion of Three Roadways in Texas

The Texas Department of Transportation (TxDOT) awarded Webber projects in the Amarillo District to expand SL 335,the Houston District to widen SH 99 and to broaden SL 278 in the San Angelo District. The $133.9 million State Loop 335 project in Amarillo will consist of 5.6 miles of main lane and frontage road construction. The […]

Ferrovial awarded the improvement of I-85 in Atlanta for USD 79 million

Georgia Department of Transportation selected Ferrovial Construction to undertake the project The company will improve the intersection of I-85 at SR 42/North Druid Hills Road The contract strengthens Ferrovial’s presence in a strategic market Ferrovial, through its U.S. construction subsidiary, has been awarded the contract to improve a section of I-85 in Atlanta, Georgia, for […]

Webber Wins Two “We Build Texas” Awards

Webber was the recipient of two out of the four awards for the “We Build Texas” category at the 2023 Texas Transportation Forum – one for the U.S. 281 project and one for the Waco IH 35 project. The Associated General Contractors of America (AGC) and the Texas Department of Transportation (TxDOT) created the “We […]

Cintra’s economic impact in the state of Texas tops $17 billion

Cintra, a subsidiary of Ferrovial, attended and sponsored the 13th annual Tarrant Transportation Summit on Feb. 17 in Hurst, Texas. The summit brings together transportation leaders and members of the public to discuss the present state and future of mobility in North Texas and beyond. With over 7 million drivers traveling on Cintra-managed highways in […]

Managed Lanes: A Proven Mobility Concept in Dallas

Ferrovial introduces NextPass, a new toll payment app

Ferrovial, through wholly owned subsidiary NextMove by Cintra, today announced the launch of NextPass, a mobile app that allows drivers to use free-flow toll roads without a transponder. NextPass requires no equipment, prepayment or monthly subscription, and users can register multiple vehicles to a single account. Coupled with transparency and top-tier customer support, NextPass gives […]