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Ferrovial targets October 2027 financial close for I-285 East Express Lanes project
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Ferrovial targets October 2027 financial close for I-285 East Express Lanes project
  • Ferrovial expects commercial close for Atlanta's I-285 East Express Lanes in December 2026, with financial close targeted for October 2027.
  • The committed, 23-mile first phase carries $8.9 billion in construction costs, with a proposed concession payment of $23.6 billion.
  • Groundbreaking is expected in the first quarter of 2028, with full service scheduled to begin in 2034.
  • Two subsequent phases target openings in 2036 and 2040, respectively, under separate agreements within the development framework.
  • The developer targets double-digit equity returns, expecting to fund equity commitments without issuing shares at the parent level.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ferrovial NV published the original content used to generate this news brief on October 27, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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