Ferrovial to develop 250 MW solar facility in Milam County, Texas

Core Insights - Ferrovial is developing a 250 MW solar photovoltaic facility in Milam County, Texas, with a total investment of approximately $355 million, aimed at providing reliable electricity and fostering long-term economic growth in the region [1][2] Project Details - The solar facility will generate nearly 300 jobs during the construction phase, with operations expected to commence by 2027, producing around 450 GWh (450,000 MWh) of electricity annually, sufficient to power 43,000 homes [2] - This project complements Ferrovial's existing energy portfolio in Texas, which includes a 257 MWdc plant in Leon County and a nearly completed 72 MW PV plant in the Houston area for client X-Elio [3] Company Overview - Ferrovial is a leading global infrastructure company operating in over 15 countries with a workforce exceeding 25,000. The company is listed on Euronext Amsterdam, Spanish Stock Exchanges, and Nasdaq, and is part of Spain's IBEX 35 index [4] - The company is recognized in sustainability indices such as the Dow Jones Best in Class Index and adheres to the principles of the UN Global Compact since 2002 [4]