Ferrovial Texas

Ferrovial will have a new source of dividends in 2019 in US

Ferrovial Gains Ground In Its US Talisman State With A €1.275 Bn Deal, Ahead Of Biden’s Investment Plan

The Spanish construction group has been awarded one of the largest road contracts of the year in the US to expand the I-35 interstate highway in Texas, with a budget that means 20% of the group’s total 2020 revenues. Ferrovial was chosen in 2005 as a strategic partner of the Texas government to design and build the TT Corridor 35. Furthermore, this US state is one of the Group’s largest markets given that its three largest consolidated concessions globally are located there.