Alphavalue / Divacons | The company headed by Rafael del Pino is leading the consortium building T1 at New York’s JFK airport, according to Expansión newspaper. This is the most important project currently under way in the US city. The investment amounts to $10,000 million (about €9,200 million), including a historic green bond issue of 2,550 million. It is also the largest public-private project in the United States. Ferrovial took…

Ferrovial has sold its remaining 24.78% stake in Serveo, its former services unit, to the Portobello fund – which in 2022 had already bought the other 75% for €220 million – making the Spanish management company the sole shareholder with 100% of the shares. With this transaction, FER completes its exit from the services business in Spain, as part of its strategy to focus on its core business, the development…

Ferrovial, today announced Q1 results for the first time after being listed simultaneously in Spain, the Netherlands and the U.S. Adjusted EBITDA amounted to €254 million in the first quarter of 2024, a 37.6% like-for-like growth versus Q1 2023, due to the solid growth of the Toll Roads and Construction divisions. Revenue increased by 3.5% in like-for-like terms to €1.9 billion in the period. “Once again, the first quarter results…

In a statement sent to the Spanish Securities and Exchange Commission (CNMV), the company has informed that after completing the regulatory review process, it has filed an acceleration request asking the US Securities and Exchange Commission (SEC) to declare the registration form effective on 8 May 2024. As a result, Ferrovial expects the shares to debut on the Nasdaq on or about 9 May. The ordinary shares will be listed…