Ferrovial has acquired the I-85 improvement in Atlanta for $79 million


09/05/2023

Updated at 6:28 p.m.

Ferrovial, through its US construction subsidiary, has been awarded the contract to improve a section of I-85 in Atlanta, Georgia, for $79 million (equivalent to approximately €71 million). The project strengthens Ferrovial’s presence in the country, which is a strategic market for the company and which concentrates the largest volume of its revenues. Ministry of Transportation of Georgia (GDOT) selected Ferrovial to design, build and improve the I-85 and SR 42/North Druid Hills interchange.

The scope of work includes the construction of an exit lane to make the left-right turn, a braided ramp over the motorway, as well as the replacement of the bridge. The works will start at the end of 2023 and are expected to be completed in November 2025.

The award strengthens the company’s presence in Georgia, where it is currently working to improve Interstate 285/400 in Atlanta, a $450 million (equivalent to about €408 million) project. In addition, it has improved I-16/I-75 in Bibb County, also in Georgia, for $228 million (equivalent to approximately €207 million), as well as rehabilitated I-75, located in Peach County.

Ferrovial Construcción has been in the US for more than 15 years, and has built critical infrastructure such as Managed Lanes, in Dallas-Fort Worth, or portions of SH 99 Grand Parkway, in Houston



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