Ferrovial se dispara en Bolsa tras aclarar la financiación de la I-24

Ferrovial surged on the stock exchange after clarifying financing for the I-24 Express Lanes project in Nashville, Tennessee. The company announced plans for $21 billion in financing to support the $9.2 billion construction project, which began in 2025 and is expected to last 50 years. The financing includes $7.7 billion for construction costs between 2027 and 2033, with an annual payment of $1.1 billion at peak activity.

The maximum debt-to-equity ratio is 75/25, with Ferrovial's share of revenues contingent on the project exceeding its base scenario. The company's shares rose by over 8%, reaching nearly 48 euros per share on a day when the Ibex index traded in negative territory. The deal was finalized in Q3 2027, following the selection of the DriveTN consortium, with Ferrovial offering the best quality-price ratio.

Analysts predict a net position decline in 2025 but anticipate recovery for the rest of the year, with a potential share price of 64.70 euros.