Agroman grabs new €30 million highway contract in Puerto Rico
Through subsidiary Ferrovial Agroman, Ferrovial is to build a section of Highway PR-9 in the municipality of Ponce, the second-largest city in Puerto Rico.
Ferrovial
Ferrovial joins consortium awarded Belfast-Larne €127m road contract
MADRID | Ferrovial Agroman, a construction subsidiary of Ferrovial, has already built 175 km of toll roads in the Irish island. In Northern Ireland, it has completed the region’s largest motorway project, the DBFO2.
Ferrovial selected for Dow Jones index of most sustainable companies
Spain’s Ferrovial was given by Sustainable Asset Management, which assesses companies’ sustainability, 83 points or 27 above industry’s average. The corporation was first included in the Dow Jones sustainability index in 2002.
BAA blames fall in passenger numbers in July on the Olympics
LONDON | July brought fewer travellers to the five British airports of BAA, the operator owned by the Spanish company Ferrovial. BAA said 9.6 million passengers passed through its airports in July 2012, down -4.1% comparing to the same month in 2011. The drop in numbers at Heathrow was of -4.4% to 6.6 million passengers. The loss was more pronounced in the second half of the month. The consortium explained in a…
Ferrovial named preferred bidder for UK’s Calderdale highways contract
LONDON | Amey, Ferrovial Services’ British subsidiary, was named today preferred bidder to take on a highways maintenance contract with Calderdale Council worth up to £120 million. Amey has been Calderdale’s highways maintenance and street lighting provider since May 2000, “and this announcement signals the start of new five year contract with Calderdale Council providing a wider range of services. The contract will begin in October 2012 for five years, with the option to extend…
Ferrovial builds first wind-powered charging station for electric cars
BARCELONA | Through its municipal and environmental services subsidiary Cespa, Ferrovial Services announced it has installed the first wind-powered recharging station for electric vehicles in Europe. The station, equipped with a 4 kW wind turbine, is the first in Europe to generate electricity from wind and use it for vehicle recharging. Cespa manages municipal waste collection and cleaning contracts in western Barcelona as well as an end-to-end garden maintenance contract in…
Ferrovial consortium wins Ontario’s Highway 407 East contract
MADRID | Spain’s Ferrovial announced Wednesday that its subsidiary Cintra Infraestructuras, in a 50% consortium with SNC-Lavalin, was awarded the €78-million contract for the first phase of the Highway 407 East project in Ontario, Canada. The group was appointed by Infrastructure Ontario and the Ontario Ministry of Transportation. Phase one of the new highway will extend 22 kilometers east from Brock Road in Pickering, Ontario to Harmony Road in Oshawa, Ontario….
Ferrovial will set up its Intelligent City research centre in Santander
MADRID | Ferrovial and the local authorities of the Spanish city of Santander reached an agreement to create a research centre for Intelligent Cities, the company said on Wednesday. The Centre’s researchers may also work on projects implemented under the cooperation agreement between Ferrovial and Massachusetts Institute of Technology (MIT). This new public-private initiative in the area of research and urban development will adopt an open innovation approach which enables it to join projects…
Ferrovial’s UK subsidiary Amey increased revenues by 22%
MADRID | The Spanish global infrastructure company Ferrovial has published its results for the first quarter of 2012. The firm said it obtained €192 million of earnings before interest, taxes, depreciation, and amortisation compared with €172 million in the first three months of last year, that is, a rise of 11.7%. In the first few months of 2012, Ferrovial’s main businesses improved, particularly revenues at its British division Amey, and international construction, mainly Budimex. Revenues amounted to…
Ferrovial closes successful sale of Edinburgh airport for £807 million
MADRID/LONDON | BAA, the company owned by a Spain’s Ferrovial-led consortium and that manages most airports in the UK, announced Monday the sale of its 100% interest in Edinburgh Airport Limited. The asset will be acquired by Global Infrastructure Partners GIP for £807.2 million, which surpasses in some £200 million estimations made in advance by analysts in the Madrid financial City. The news was favourably received by most experts. In several investor…