{"id":69773,"date":"2026-05-26T15:29:48","date_gmt":"2026-05-26T19:29:48","guid":{"rendered":"https:\/\/spainuscc.org\/?post_type=news&#038;p=69773"},"modified":"2026-05-26T15:29:48","modified_gmt":"2026-05-26T19:29:48","slug":"ferrovial-awarded-sh-99-grand-parkway-construction-project-in-texas-valued-at-1-5-billion","status":"publish","type":"news","link":"https:\/\/spainuscc.org\/es\/news\/ferrovial-awarded-sh-99-grand-parkway-construction-project-in-texas-valued-at-1-5-billion\/","title":{"rendered":"Ferrovial\u202fawarded SH 99 Grand Parkway construction project in Texas, valued at $1.5 billion"},"content":{"rendered":"<p><b><span data-contrast=\"auto\">AMSTERDAM, May\u00a013, 2026\u00a0<\/span><\/b><b><span data-contrast=\"auto\">\u2014\u00a0<\/span><\/b><span data-contrast=\"none\">Ferrovial, a leading global infrastructure company, has been selected\u00a0by the Texas Department of Transportation\u00a0(TxDOT)\u00a0to design, build, and\u00a0maintain\u00a0the SH 99 Grand Parkway Segment B-1 project southeast of Houston, Texas. Valued at approximately\u00a0$1.47 billion, the\u00a0nearly 15-mile\u00a0construction\u00a0project spans Brazoria and Galveston Counties and marks a significant milestone in the continued expansion of the\u00a0184-mile\u00a0Grand Parkway loop.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">\u201cWe\u2019re\u00a0proud to work with TxDOT on this important project\u00a0for the growing Houston region.\u00a0This\u00a0award reflects\u00a0our\u00a0shared commitment to delivering\u00a0high<\/span>\u2011<span data-contrast=\"none\">quality\u00a0infrastructure that serves Texas communities,\u201d said Ignacio Gaston,\u00a0Ferrovial\u00a0Construction\u00a0CEO.\u00a0\u201cBuilding on our success with SH 99 Segments H and I<\/span>\u2011<span data-contrast=\"none\">1,\u00a0we look forward\u00a0to\u00a0enhancing\u00a0mobility and connectivity across southeast Texas.\u201d<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Segment B-1 will be delivered under a design-build contract with a capital maintenance term of up to 15 years and includes:<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">Construction of four new tolled lanes\u00a0operated\u00a0by\u00a0TxDOT<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"none\">Discontinuous frontage roads<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"none\">Direct connectors at SH 35 and the new SH 99<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"none\">Operational upgrades to SH 35\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"none\">The project will relieve congestion, improve regional travel reliability, and support economic growth, while also enhancing emergency and hurricane evacuation capacity. Final contract execution is\u00a0anticipated\u00a0this summer, with substantial completion targeted for winter 2031\u20132032.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">About Ferrovial\u00a0<\/span><\/b><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Ferrovial is a leading global infrastructure\u00a0company transforming\u00a0highways, airports, and energy around the world. Its distinctive integrated business model supports the entire lifecycle of complex projects, from design and financing to construction,\u00a0operation\u00a0and maintenance.\u00a0The company has a global presence and employs more than 22,500 people worldwide.\u00a0North America is Ferrovial\u2019s growth engine, where it developed and is currently\u00a0operating\u00a0five Express Lanes across Texas,\u00a0North Carolina\u00a0and Virginia, and is managing the 407 ETR highway in Toronto, Canada. The company is also leading the development of the New Terminal One at JFK International Airport. Ferrovial shares trade under the ticker symbol FER on three stock markets: U.S. (Nasdaq<\/span>\u2011<span data-contrast=\"none\">100 Index), Spain (IBEX<\/span>\u2011<span data-contrast=\"none\">35), and the Netherlands. The company is included in globally recognized sustainability indices such as the Dow Jones Best in Class Index.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559685&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\"> \\<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><strong><span class=\"TextRun SCXW115681607 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"none\"><span class=\"NormalTextRun SCXW115681607 BCX0\">For further information:\u00a0<\/span><\/span><\/strong><\/p>\n<p>North America<\/p>\n<p>Rebecca Rountree<\/p>\n<p>+1 512 568 5015<\/p>\n<p>rrountree@ferrovial.com<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Corporate Communications\u00a0<\/strong><\/p>\n<p><span data-contrast=\"auto\">newsroom.ferrovial.com<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">@ferrovial<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">@ferrovial_es<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AMSTERDAM, May\u00a013, 2026\u00a0\u2014\u00a0Ferrovial, a leading global infrastructure company, has been selected\u00a0by the Texas Department of Transportation\u00a0(TxDOT)\u00a0to design, build, and\u00a0maintain\u00a0the SH 99 Grand Parkway Segment B-1 project southeast of Houston, Texas. Valued at approximately\u00a0$1.47 billion, the\u00a0nearly 15-mile\u00a0construction\u00a0project spans Brazoria and Galveston Counties and marks a significant milestone in the continued expansion of the\u00a0184-mile\u00a0Grand Parkway loop.\u00a0 \u201cWe\u2019re\u00a0proud [&hellip;]<\/p>\n","protected":false},"featured_media":69774,"template":"","categories":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ferrovial\u202fawarded SH 99 Grand Parkway construction project in Texas, valued at $1.5 billion - Spain-U.S. Chamber of Commerce<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/spainuscc.org\/news\/ferrovial-awarded-sh-99-grand-parkway-construction-project-in-texas-valued-at-1-5-billion\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ferrovial\u202fawarded SH 99 Grand Parkway construction project in Texas, valued at $1.5 billion - Spain-U.S. Chamber of Commerce\" \/>\n<meta property=\"og:description\" content=\"AMSTERDAM, May\u00a013, 2026\u00a0\u2014\u00a0Ferrovial, a leading global infrastructure company, has been selected\u00a0by the Texas Department of Transportation\u00a0(TxDOT)\u00a0to design, build, and\u00a0maintain\u00a0the SH 99 Grand Parkway Segment B-1 project southeast of Houston, Texas. Valued at approximately\u00a0$1.47 billion, the\u00a0nearly 15-mile\u00a0construction\u00a0project spans Brazoria and Galveston Counties and marks a significant milestone in the continued expansion of the\u00a0184-mile\u00a0Grand Parkway loop.\u00a0 \u201cWe\u2019re\u00a0proud [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/spainuscc.org\/news\/ferrovial-awarded-sh-99-grand-parkway-construction-project-in-texas-valued-at-1-5-billion\/\" \/>\n<meta property=\"og:site_name\" content=\"Spain-U.S. Chamber of Commerce\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/spainuschamberofcommerce\/\" \/>\n<meta property=\"og:image\" content=\"https:\/\/spainuscc.org\/wp-content\/uploads\/2026\/05\/Ferrovial_-_image-of-sh-99-texas-b-1-segment_optimized_250.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1230\" \/>\n\t<meta property=\"og:image:height\" content=\"692\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@spainuschamber\" \/>\n<meta name=\"twitter:label1\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/spainuscc.org\/news\/ferrovial-awarded-sh-99-grand-parkway-construction-project-in-texas-valued-at-1-5-billion\/\",\"url\":\"https:\/\/spainuscc.org\/news\/ferrovial-awarded-sh-99-grand-parkway-construction-project-in-texas-valued-at-1-5-billion\/\",\"name\":\"Ferrovial\u202fawarded SH 99 Grand Parkway construction project in Texas, valued at $1.5 billion - 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