Close
Wednesday, May 14, 2025

Ferrovial closes deal for $648m highway

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back

Related stories

5 Smart Off-Grid Home Upgrades That Improve Daily Comfort

Living off the grid can be freeing—but only if...

The 5 Best Concrete Boom Pump Manufacturers

Meta Description: Discover the top five concrete boom pump...

A consortium led by Ferrovial subsidiary Cintra Infraestructuras has achieved financial closure for a US$648m (£415m) highway project in the US state of North Carolina. The project is for the Interstate 77 in Charlotte, North Carolina. North Carolina Department of Transportation (NCDOT) had selected the bid presented by the I-77 Mobility Partners consortium in March 2014. The 41km-long concession will last for 50 years from the date it opens to traffic, scheduled for 2018.

Cintra will develop the project, while the design and construction will be undertaken by a joint venture comprising Ferrovial Agroman and US construction company WC English.

he scheme includes widening 41.3km of highway in both directions on the I-77 in the northern part of the Charlotte metropolitan area. Work is divided into three sections, and the existing road will be rebuilt, increasing its capacity by creating managed lanes, with variable electronic tolls, to improve traffic flow. This is Cintra’s fourth managed lanes project in the USA.

 

Latest stories

Related stories

5 Smart Off-Grid Home Upgrades That Improve Daily Comfort

Living off the grid can be freeing—but only if...

The 5 Best Concrete Boom Pump Manufacturers

Meta Description: Discover the top five concrete boom pump...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back