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Ferrovial UK

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In Europe 10th April 2025

Ferrovial doubles UK portfolio to €1,656 million in 2024, mainly due to London-Birmingham track installation

Alphavalue / Divacons | The Spanish construction, services and concessions company doubled its UK construction portfolio in 2024 to €1.656 billion, driven by two major contracts, especially the track installation on the London-Birmingham high-speed line. The group is thus reversing the decline of 2023 in a context of reactivation of public projects. The 225 kilometres of the new high-speed line between London and Birmingham has a total budget of €2.16…

Ferrovial construcción

In the World 6th February 2025

Ferrovial to modernise electrical infrastructure between Grain and Tilbury for National Grid for €276 million

Alphavalue / Divacons | The Spanish construction, services and concessions company, through its UK Construction division, will carry out the £230 million (around €276 million) project to modernise the electrical infrastructure between Grain and Tilbury for its new client, National Grid, which manages the UK’s electricity grid. The project is part of a broader programme of infrastructure modernisation and improvement promoted by National Grid as part of The Great Grid…

Ferrovial construcción

European economy 29th January 2025

Ferrovial completes sale of 50% stake in AGS for €535 million

Intermoney | Ferrovial (FER) (Hold, PO €35) announced on Tuesday after the market closed that it has completed the sale of its 50% stake in AGS, which groups a number of airports in the UK, to AviAlliance UK Limited for £450 million, around €535 million. Macquarie, owner of the other 50%, has also sold this position for the same amount. Ferrovial confirms that in its Q1 25 results it will…

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European economy 18th December 2023

Ferrovial considers divesting AGS, holding company for Glasgow, Aberdeen and Southampton airports, valued at €550 million

Intermoney | The Spanish company (Hold, PO29) is considering selling its 50% stake in AGS, the holding company for Glasgow, Aberdeen and Southampton airports. The remaining 50% is held by Macquarie, according to Expansión. AGS is currently in the process of refinancing its debt, some £930 million, after which the Spanish construction company would carry out the sale. Expansión’s sources indicate a valuation for AGS of less than £1,000 million…

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Spanish economy 11th October 2022

Ferrovial Sells Amey For GBP 400 Million

Ferrovial has reached an agreement for the sale of 100% of the Amey group, almost completing the divestment of its former Services division. The acquiring vehicle is a UK company controlled by funds managed by One Equity Partners. They are entering into the transaction alongside their acquisition partner Buckthorn Partners. The transaction represents an enterprise value of GBP 400 million (€455 million) and an estimated equity value of approximately GBP…

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Spanish economy 8th June 2022

Ferrovial finalising sale of Amey to consortium of funds, venture capital firms for €234 M

Intermoney | Ferrovial (Hold, Target Price 24 euros) would be finalising the sale of Amey, its services division based in the UK, for close to 234 million euros. This is according to information on Tuesday from daily Cinco Días, citing Sky News. The buyer would be a consortium of funds and venture capital firms, specifically One Equity Partners and Buckthorn Partners. It is expected that the process will be closed…

Ferrovial lights up Manchester Streets

Ibex, Markets 16th November 2017

Ferrovial Will Light Up The Streets Of Manchester

Ferrovial has been awarded the contract to change the Manchester street lighting system, substituting it for one with LED technology. As a result, the city will reduce its energy spend by some 2 million pounds (2.25 million euros) a year, according to the company.