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Ferrovial inaugurates Porto subway extension
Ferrovial today inaugurated the extension of Porto Metro’s Yellow Line, which it built in a joint venture with Portuguese construction company Alberto Couto Alves. The ceremony was attended by Miguel Pinto Luz, Portugal’s Minister of Infrastructure, and Maria da Graça Carvalho, Minister of Environment and Energy, accompanied by Juan Magín Lozano Villalta, Ferrovial Construction’s Head […]
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 […]
Cintra announces the winner and finalists of the ESG Make a Difference Challenge
The winner has been named in the Make a Difference challenge: Carles Franch, operations manager at Autema, took the first prize in the ideas contest organized by the Innovation Office. This time the focus was on finding specific solutions that can improve day-to-day operations or contribute directly to social or environmental improvement of the assets. The ambitious search for […]
The Azores receives the Green Spirit award for its great environmental work
The Azores concession has received the “Espírito Verde” (Green Spirit) environmental award. The Azores Government presents this annual prize to recognize and emphasize the environmental commitments made by companies, institutions, and individuals who stand out for their good environmental practices, whether in the field of environmental research, activism, volunteering, or sponsorship. Azores’ Regional Secretariat for […]
Ferrovial completes sale of its Environmental Services business in Spain and Portugal to PreZero
The transaction was completed within the established deadlines Divestment of the Services businesses in the United Kingdom and Chile is ongoing The deal is in response to the company’s new strategy, focused on developing, building and managing sustainable infrastructure Ferrovial has completed the sale of its Environmental Services business in Spain and Portugal to PreZero, […]
Ferrovial sells its Environmental Services business in Spain and Portugal to PreZero (Schwarz Group) for €1,133 million
The transaction is the result of Ferrovial´s strategy to refocus on developing, building and managing sustainable infrastructure Closing of the transaction is subject to customary closing conditions and regulatory approvals and is expected in 2H2021 The rest of Ferrovial’s Services division is still available for sale Ferrovial has reached an agreement to sell its Environmental […]
Ignacio Madridejos: “The market is recognizing the success of our strategy”
Ignacio Madridejos (Madrid, 1965) took position as Ferrovial’s CEO on October 1 2019. At that time, the company found itself in the process of moving its activity towards sustainable infrastructure and mobility. Things have moved quickly since then. In January, the Horizon 24 strategic plan was presented; in March, the COVID-19 pandemic took hold of […]
Satelise, the app that makes paying tolls easier, comes to the A22
Satelise is a mobile app that makes paying highway tolls easier. Cintra unveiled it in Portugal as part of a pilot project on the A28 in Norte Litoral in June 2020, and it is now available to A22 users in the region of Algarve, Portugal. This pilot project is a joint initiative between Cintra and […]
Ferrovial sells stakes in two Portuguese availability-based PPP roads to DIF Capital Partners for 171 million euros
Cintra will hold a management contract of Norte Litoral and Via do Infante The transaction is part of Company’s asset rotation strategy for mature concessions The Company continues to hold its stake in the Azores Highway Ferrovial has reached an agreement, through its toll-road subsidiary Cintra, to sell its 49% stake in the Norte Litoral […]
Ferrovial awarded €288 million contract to expand Porto Metro
It will extend the Yellow Line by 3.5 kilometers and build a new circular Pink Line measuring 3.1 kilometers. This project enhances the company’s position in a field in which it has extensive experience, as it has built railways in such cities as Madrid, London, Barcelona and Santiago de Chile Ferrovial, through a consortium involving […]