BRIEF-Ferrovial Wins Construction Project In Texas, Valued At $1.5 Bln

May 13 (Reuters) - Ferrovial NV FERF.AS:

  • WINS CONSTRUCTION PROJECT IN TEXAS, VALUED AT $1.5 BILLION

  • PROJECT TO DESIGN, BUILD, AND MAINTAIN SH 99 GRAND PARKWAY SEGMENT B-1 PROJECT SOUTHEAST OF HOUSTON

  • PROJECT WILL BE DELIVERED UNDER DESIGN-BUILD CONTRACT WITH CAPITAL MAINTENANCE TERM OF UP TO 15 YEARS

  • FINAL CONTRACT EXECUTION IS ANTICIPATED THIS SUMMER, WITH SUBSTANTIAL COMPLETION TARGETED FOR WINTER 2031–2032

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Further company coverage: FERF.AS


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