Ferrovial jumps more than 8% on the stock market after clarifying I-24 financing
Ferrovial told Spain's CNMV that the $24.8 billion figure published when the I-24 concession was awarded combined present-value and nominal components, and that the amount equals $21 billion. The company said $7.7 billion corresponds to payments during construction between 2027 and 2033 and that the concession will run for 50 years. Its shares were up more than 8% and near 48 euros, on a day when the Ibex was trading lower.
In 35 seconds
- Ferrovial tells the CNMV that the $24.8 billion I-24 figure equals $21 billion in present value
- $7.7 billion corresponds to payments during construction between 2027 and 2033, about $1.1 billion a year at peak
- The concession will run 50 years and maximum debt/equity leverage is 75/25
IASummary generated by artificial intelligence from a story by Expansión. It may contain errors: the original source prevails.




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