Ferrovial's 15min chart triggers Bollinger Bands Narrowing, bearish Marubozu signal.

Ferrovial's 15-minute chart has exhibited a narrowing of Bollinger Bands and a bearish Marubozu pattern at 09:15 on 03/03/2025, indicating a decrease in the magnitude of stock price fluctuations, a dominance of selling activity in the market, and a likely continuation of bearish momentum.

Spanish infrastructure giant Ferrovial has announced a significant expansion into the renewable energy sector with plans to construct a 250MW solar photovoltaic (PV) facility in Milam County, Texas. The project, with an estimated cost of $355 million, includes debt financing and will be overseen by Ferrovial for construction, operation, and maintenance [1].

The facility, set to commence construction in the coming months, is expected to generate nearly 300 jobs during the building phase. Once operational by 2027, it will deliver around 450GWh of electricity annually, enough to power approximately 43,000 homes [1]. This Texas project complements Ferrovial's existing 257MW DC plant in Leon County and aligns with the company's broader expansion into the energy sector.

Ferrovial Energy CEO María José Esteruelas underscored the project's community benefits, stating, "This project is a strong example of how infrastructure investment can directly benefit communities. As data centers multiply and energy needs continue to increase, this facility will bring lasting value to the region by creating jobs, supporting local services, and strengthening energy reliability" [1].

Separately, Ferrovial is nearing completion of a 72MW PV plant in the Houston area for its client, X-Elio, and has plans to develop three new PV plants in Spain's Murcia region in collaboration with TotalEnergies and Soltec [1]. These initiatives reflect Ferrovial's strategic pivot towards renewable energy, driven by the increasing demand for sustainable and reliable power sources.

In addition to its renewable energy expansion, Ferrovial has been strengthening its presence in the US market. The company recently announced a $540 million buyback of up to 2% of its shares, worth up to 500 million euros, through the New York Stock Exchange. This move signals a drive to boost shareholder returns and deepen Ferrovial's US profile [2]. The company is also pursuing a new data center deal in Poland, further expanding its digital footprint across Europe.

These strategic moves by Ferrovial indicate a shift in global strategy for Spanish firms, as European regulators keep a close eye on cross-border tie-ups and tech investments soar. The company's focus on the US market suggests a growing interest in the region for its scale and liquidity, while share buybacks provide investors with a cushion in case markets get rocky.

References:
[1] https://finance.yahoo.com/news/ferrovial-develop-250mw-solar-facility-092613979.html
[2] https://finimize.com/content/bbva-stands-firm-on-sabadell-bid-as-ferrovial-eyes-us