Recent Updates — FER
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.
Ferrovial N.V. reported unaudited operating results for the nine months ended September 30, 2026, showing double-digit like-for-like growth in revenue and Adjusted EBITDA driven by robust performance in U.S. Managed Lanes and Construction. Revenue reached EUR 7,402 million, up 10.8% on a like-for-like basis, while Adjusted EBITDA rose to EUR 1,210 million, an increase of 21.8% compared to the prior year period. The company also announced a second interim scrip dividend of EUR 600 million and highlighted new project awards in Tennessee, Georgia, and the Czech Republic. Ferrovial N.V. operates in infrastructure development, including highways, airports, and construction services.
Ferrovial N.V. declared an interim scrip dividend totaling EUR 600 million, payable in cash or newly issued/treasury shares at shareholder election. The per-share amount will be determined based on outstanding shares and announced November 3, 2026. Shares trade ex-dividend November 5 in Europe and November 6 in the US, with a record date of November 6. Election periods run from November 9 to November 20. Payment occurs from December 10 onwards. Ferrovial is a leading global infrastructure company transforming highways, airports, and energy around the world.
The Tennessee Department of Transportation and Drive TN, the Ferrovial-led consortium, have advanced a concession agreement for the I-24 Express Lanes project in Nashville. The deal involves total payments to TDOT with a present value of $21 billion, comprising approximately $7.7 billion during construction from 2027 to 2033 and operating period payments extending through 2085. Revenue sharing mechanisms apply if toll revenues or internal rates of return exceed specified thresholds. Ferrovial intends to discuss the I-24 project details as well as updates on the I-285 Express Lanes project in Atlanta during a conference call scheduled for October 28, 2026. Ferrovial is a global infrastructure company specializing in highways, airports, and energy projects.
The Georgia Department of Transportation has selected the Ferrovial-led Top End Mobility Group consortium to finance, design, build, operate, and maintain Phase 1 of the I-285 East Express Lanes project in Greater Atlanta. The long-term public-private partnership carries an expected construction value of $8.9 billion and includes approximately 21 miles of new express lanes connecting major highways. GDOT will also collaborate exclusively with the consortium to advance remaining phases, which would ultimately provide 37.5 miles of new express lanes in each direction across Fulton and DeKalb counties. Ferrovial is a leading global infrastructure company transforming highways, airports, and energy around the world.
Ferrovial N.V. announced that it will release its operating results for the third quarter of 2026 on Tuesday, October 27, 2026, after U.S. market closes. A conference call to present these results is scheduled for Wednesday, October 28, 2026, at 3:00 pm CET (10:00 am EDT). The event will be available via webcast or conference call with access codes provided on the company's Investor Relations website. Ferrovial N.V. operates in the infrastructure and transportation sector, managing toll roads, airports, and construction projects globally.