Ferrovial NV

FER: XMAD (ESP)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Ferrovial: I-24 Payment Terms Better Than Market Feared With Equity IRR Above 20% Possible

Jack Fletcher-Price

Oct 27, 2026

On Oct. 27, Ferrovial disclosed the nature of payments due to the Tennessee Department of Transportation for the 50-year concession to build and operate four managed lanes on Interstate 24.

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Ferrovial NV

Ferrovial: I-24 Payment Terms Better Than Market Feared With Equity IRR Above 20% Possible

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