Ferrovial is to build two photovoltaic plants in Matalebreras, Soria (Spain) for Aquila Clean Energy with the capacity to supply 30,000 homes. In line with its commitment to renewable energy, the company will design and build the facilities and provide operation and maintenance services for the first two years. Ferrovial will develop the Trevago I and Trevago II plants on a turnkey basis. The two facilities will have a combined capacity of 62 MWp (megawatt peak) — 31 MWp each — and will produce a total of 114 GWh/year. The two new solar plants will avoid 29,700 tons of CO2 emissions per year. Ferrovial will also install two power lines to connect the photovoltaic plants to the nearest substation. Construction and operation of the plants, scheduled for delivery in 2025, are expected to create close to 150 jobs. Other Ferrovial projects in the renewable energy sector include the turnkey construction (full EPC) of the 50 MW El Berrocal solar plant in Seville, and the 72 MWp Liberty 1 solar plant in Texas.
Anillo Vial Periférico consortium, comprising Ferrovial, Acciona and Sacyr, has been selected to develop the Peripheral Ring Road in Lima (Peru) under a concession format with an investment of 3.4 billion dollars (approximately 3.13 billion euro). This amount includes contributions from public funds by the Administration Ferrovial, through Cintra, its toll road subsidiary, owns 35% of the consortium, while Sacyr and Acciona own 32.5% each. Proinversión, Peru’s Private Investment Promotion Agency, announced the decision on April 4, 2024, following expiration of the 90-day period for entering Expressions of Interest. The Peripheral Ring Road, which will transform Peru’s capital city, will be integrated into road infrastructure planning at the local, regional and national levels and its objective is to solve the challenges posed by mobility in Lima and nearby areas. This project comprises the design, financing, construction, management and maintenance of a 34.8-kilometer urban toll road. The new road, connecting 11 districts in Greater Lima and one in Callao, will benefit 4.5 million people. There will be toll-free side lanes in both directions along the main route to facilitate connectivity in the city.
Ferrovial held its Annual Shareholders Meeting on Thursday, after excellent operating performance in 2023, a year marked by the company’s listing on Amsterdam as a prelude to its debut in the United States. During the meeting, Ferrovial’s Chairman, Rafael del Pino, highlighted that the company ended 2023 with adjusted EBITDA of €991 million (+36.1%) and €460 million in net profit (+148%), including a significant contribution from the construction business in Spain and Poland. He also emphasized the strong performance of Ferrovial’s main infrastructure assets, especially in North America, where revenue experienced double-digit growth due to improved traffic and tariff increases. Del Pino noted that 2023 was another year in which Ferrovial invested actively, with capital expenditure reaching €454 million, 70% of which was allocated to the United States.
Ferrovial develops a methodology to mitigate the effects of climate change on its infrastructure
Ferrovial increased adjusted EBITDA by 40.6% to €991 million in 2023
María José Esteruelas appointed CEO of Ferrovial Energy
Ferrovial adopts the TNFD framework for biodiversity and nature conservation
Ferrovial announces agreement to sell its stake in Heathrow, subject to certain rights of the other shareholders
Ferrovial EBITDA increased by 34.1% in the first nine months of 2023
