Ferrovial is making an investment announcement in Spain, which is in the midst of a crisis as it relocates its headquarters to the Netherlands. Just a week after the company’s Board of Directors announced that it plans to go public in the Netherlands and the United States, the Spanish infrastructure giant completed the acquisition of two photovoltaic solar projects with a total installed capacity of 100 megawatts..
Energy Infrastructure and Mobility division 75 million euros will be invested The Ibex-35-listed company said in a statement that it would create between 250 and 300 jobs when “the usual precedent conditions in such an agreement” are met.
Ferrovial plans to obtain permits to begin construction between the second and third quarters of this year, and to be operational in the second half of 2024. It will join the 50-megawatt El Berrocal facility, in the province of Seville. This asset is under development and will begin service in the middle of this year.