Ferrovial’s US growth drive advances with addition in Nasdaq-100 Index

Global infrastructure institution Ferrovial has been added to the Nasdaq-100 Index, with the determination acceptable to instrumentality effect earlier trading opens connected 22 December.

The institution has maintained operations successful North America for implicit 2 decades, including projects specified arsenic explicit lanes successful respective US states and Ontario, Canada.

Ferrovial is besides moving connected the New Terminal One astatine JFK International Airport successful New York.

It ranks among the largest infrastructure companies listed successful North America and has established a beingness successful regions including North Carolina, Texas, Virginia and Ontario.

The institution started trading its shares connected the US banal marketplace successful May 2024 nether the Nasdaq ticker awesome FER, pursuing erstwhile listings successful Spain and the Netherlands.

The determination made Ferrovial the archetypal IBEX 35 institution to database its mean shares connected Nasdaq.

The inclusion successful the Nasdaq-100 comes astir 18 months aft its archetypal US listing.

Presently, much than 80% of Ferrovial’s equity worth derives from North America, chiefly from operations successful the US, according to analysts’ consensus.

The institution has a marketplace capitalisation of astir $27bn.

Ferrovial aims to summation its portfolio of assets successful North America implicit the coming years. Access to assorted superior markets is considered indispensable for supporting this planned growth.

The concern exemplary covers 4 superior sectors: toll roads, airports, energy, and construction.

The institution links its improvement activities to broader trends specified arsenic the request for upgrades successful roadworthy transport networks, rising request for commercialized aerial travel, and accrued concern successful renewable energies.

Its operating strategy spans each stages of large infrastructure projects from plan and financing done to operation and management.

Over the past decade, Ferrovial reports having achieved an mean yearly full shareholder instrumentality of 12%.

In summation to managing analyzable projects, Ferrovial highlights its past of forming partnerships with investors, contractors and section stakeholders during transportation of cardinal assets.

Ferrovial CEO Ignacio Madridejos said: “Ferrovial’s inclusion successful the Nasdaq-100 highlights the spot of our distinctive integrated concern exemplary successful delivering indispensable infrastructure.

“This milestone enhances our visibility with US and planetary investors, broadens our shareholder base, and reflects marketplace assurance successful our quality to make high-value projects that thrust economical maturation and assistance the communities wherever we run thrive. We are committed to executing our maturation strategy, investing successful the US and creating semipermanent worth for our shareholders.”