Ferrovial announces Czech highway bid: what it means for Ferrovial stock
Published on 10/10/2026 at 10:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- Ferrovial was part of the preferred-bidder consortium for the Czech D35 highway project.
- The D35 project has an approximate value of EUR 2.90 billion.
- Ferrovial reached commercial close on the I-24 Southeast Choice Lanes in Tennessee.
Ferrovial announced on October 6, 2026, that it was part of the consortium selected as preferred bidder for a Czech Republic D35 highway project valued at approximately EUR 2.90 billion. The company also reported commercial close on September 30, 2026, for the I-24 Southeast Choice Lanes in Tennessee. Both announcements were issued by Ferrovial's newsroom.
Market context: Market report AEX.
The week in figures
Ferrovial's Czech consortium project covers 35.4 kilometers of new highway sections and an adjacent 17-kilometer section under operation and maintenance, for approximately 52 kilometers in total. The project value is based on the net present value of availability payments and uses the exchange rate stated in the release.
The Tennessee project adds new lanes in both directions along a 26-mile stretch of Interstate 24 between Nashville and Murfreesboro. The Ferrovial-led consortium will finance, design, build, operate and maintain the lanes under a 50-year concession that begins once the lanes open to traffic. Ferrovial said the project reached commercial close with the Tennessee Department of Transportation.
Chronology of the week
On October 6, Ferrovial said its Highways division Cintra and Polish subsidiary Budimex were part of the consortium selected as preferred bidder for the D35 project. The consortium includes Cintra, Budimex, Strabag and Invesis. Ferrovial identified the Czech Ministry of Transport as the selecting authority.
On September 30, Ferrovial announced the commercial close of the I-24 Southeast Choice Lanes project in Tennessee. The company said the project is the state's first public-private partnership and largest single capital investment. Ferrovial said Transurban and Tikehau Star Infra are also part of the DriveTN consortium.
Dates of the coming week
The official Ferrovial releases reviewed provide project details for the D35 preferred-bidder announcement and the I-24 commercial close; they do not state a new company event date for the coming week.
