ferroyalacquired a stake through the airports division NewTerminal OneConsortium appointed to design, build and operate by 2060 New Terminal 1 at JFK International Airport New York with terminals 1 and 2 and the former T3 of said airport and possible extensions.
Ferrovial’s investment in this operation will be US$1,140 million (about 1,062 million euros), as reported by the company on Monday.
Specifically, under this transaction, Ferrovial will acquire 96% of the 51% stake. Carlyle Global Infrastructure Fund It is the owner of the New Terminal One consortium.
The closure of the business is subject to precedent conditions, including the approval of the port authorities.
With an investment of 9,500 million dollars (approximately 8,850 million euros), the new terminal 1 project in JFK will occupy more than 232,000 square meters of space currently occupied by T1 and T2 and the old T3.
The restructuring process, which includes the demolition of the old terminals and the modernization of the infrastructure, will increase the capacity of the terminal and make it the largest terminal at JFK International Airport. The construction of the project, which will be carried out in stages, is expected to continue. The first phase will be completed in 2026..
Entering the aviation industry in 1998, Ferrovial has over 20 years of experience investing, developing and operating 33 airports around the world, including the United States, Australia and Chile, and now has four airports in the United Kingdom. .
Thus, it is the largest shareholder and industrial partner with 25% of its shares. Heathrow Airport owns 50% of the airports. Glasgow, Aberdeen and Southampton.
Ferrovial is also in the process of purchasing 60% of Turkey’s Dalaman International Airport from the YDA Group.