StreetInsider.com News Articles

Ferrovial selected to deliver Georgia's I-285 East Express Lanes

Thu, 15 Oct 2026 14:57:00 -0400

The multi-phase project will add new express lanes and improvements designed to enhance mobility and connectivity across Atlanta's metropolitan area

AMSTERDAM, Oct. 15, 2026 /PRNewswire/

Ferrovial selected to deliver Georgia's I-285 East Express Lanes

Thu, 15 Oct 2026 14:57:00 -0400

The multi-phase project will add new express lanes and improvements designed to enhance mobility and connectivity across Atlanta's metropolitan area

AMSTERDAM, Oct. 15, 2026 /PRNewswire/

J.P. Morgan flags Ferrovial downside risk from costly I24 project bid

Tue, 06 Oct 2026 08:01:40 -0400

Investing.com -- J.P. Morgan downgraded infrastructure company Ferrovial to "neutral" from "overweight" on Tuesday, saying disclosures around its I24 project win in Tennessee had not eased concerns over the wide gap between Ferrovial’s bid and those of rival consortia.

The brokerage cut its price target on Ferrovial to €50 from €65, citing higher cost-of-capital assumptions reflecting moves in bond yields and a change in the company’s risk profile following the I24 project. Ferrovial shares closed at €45.98 on Oct. 5.

J.P. Morgan expects the project to remain a drag on the shares in coming months.

J.P. Morgan flags Ferrovial downside risk from costly I24 project bid

Tue, 06 Oct 2026 08:01:40 -0400

J.P. Morgan expects the project to remain a drag on the shares in coming months.

Ferrovial announces commercial close of I-24 Southeast Choice Lanes in Tennessee

Wed, 30 Sep 2026 17:38:00 -0400

The project brings essential infrastructure to a fast-growing region in the U.S.¹, aimed to support economic growth and mobility

AMSTERDAM, Sept. 30, 2026 /PRNewswire/ --

Ferrovial announces commercial close of I-24 Southeast Choice Lanes in Tennessee

Wed, 30 Sep 2026 17:38:00 -0400

The project brings essential infrastructure to a fast-growing region in the U.S.¹, aimed to support economic growth and mobility

AMSTERDAM, Sept. 30, 2026 /PRNewswire/ --

Ferrovial selected for $9.2B Tennessee highway project

Thu, 20 Aug 2026 04:51:53 -0400

Ferrovial (NASDAQ: FER) has been selected to deliver the I-24 Southeast Choice Lanes project in Nashville, Tennessee, according to a company statement. The project is described as the largest single capital investment and first public-private partnership in Tennessee's history.

The 26-mile project will add tolled choice lanes in both directions along I-24 between Nashville and Murfreesboro, covering a corridor from I-40 east of downtown Nashville to I-840 near Murfreesboro.

Ferrovial leads the DriveTN consortium, which also includes Transurban and Tikehau Star Infra. The group will finance, design, build, operate and maintain the $9.2 billion project. The consortium projects $24.8 billion in concession

Ferrovial selected for $9.2B Tennessee highway project

Thu, 20 Aug 2026 04:51:53 -0400

The 26-mile project will add tolled choice lanes in both directions along I-24 between Nashville and Murfreesboro, covering a corridor from I-40 east of downtown Nashville to I-840 near Murfreesboro.

Ferrovial selected to deliver Tennessee's I-24 Choice Lanes