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Ferrovial selected to deliver Georgia's I-285 East Express Lanes

  • The Ferrovial-led consortium, Top End Mobility Group (including Tikehau Star Infra), was selected to deliver the I-285 East Express Lanes project in Greater Atlanta, Georgia.
  • The project is a major public-private partnership led by the Georgia Department of Transportation (GDOT) and the State Road and Tollway Authority with an expected construction value of $8.9 billion.
  • Phase 1 involves the finance, design, build, operation, and maintenance of approximately 21 miles of new express lanes connecting I-285, I-85, and SR 400.
  • GDOT has a separate agreement to collaborate exclusively with Top End Mobility Group for the remaining phases, which will bring the total project length to approximately 37.5 miles of new express lanes in each direction.
  • The completed project will span Fulton and DeKalb counties, connecting major business, employment, and residential centers across the region.
  • Ignacio Madridejos, Ferrovial CEO, stated this marks the company's first managed lanes project in Georgia, where it has been present for over a decade.
  • Ferrovial brings prior experience operating express lanes in U.S. metropolitan areas including Dallas-Fort Worth, Charlotte, and Washington, D.C.
  • The press release includes standard forward-looking statements regarding construction periods, pricing, and project phases, noting risks such as economic conditions, regulatory changes, and construction delays.
  • Ferrovial is a global infrastructure company employing over 22,500 people, with shares traded on Nasdaq (FER) and the Spanish Stock Exchanges.