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Ferrovial presents I-285E Express Lanes plan, $8.9bn Phase 1 cost and $23.6bn concession
FERFerrovial N.V.
Ferrovial issued an investor presentation detailing the I-285E Express Lanes project in Atlanta. The company outlined a multi-phase development program with Phase 1 comprising 23 miles of westbound express lanes, carrying a committed construction cost of $8.9 billion and a proposed concession payment of $23.6 billion. Financial close for this phase is expected in October 2027, with service commencement targeted for 2034. The project aims to alleviate persistent congestion on the I-285 corridor through expanded connectivity and dynamic pricing mechanisms. Ferrovial operates in the infrastructure sector, developing, building, operating, and financing transport and urban services.