AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Ferrovial to Construct 250MW Solar Facility in Texas, US, Creating 300 Jobs
ByAinvest
Friday, Aug 29, 2025 3:06 pm ET1min read
Ferrovial plans to build a 250MW solar facility in Texas, US, with a $355m investment. The project, expected to create 300 jobs during construction, aims to supply electricity to the Texas grid and support local economic growth. The facility is set to be operational by 2027 and generate enough electricity to power approximately 43,000 homes. This is part of Ferrovial's expansion into the energy sector, complementing its existing 257MW DC plant in Leon County.
Spanish infrastructure giant Ferrovial has announced 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].
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].
This Texas project complements Ferrovial's existing 257MW DC plant in Leon County and aligns with the company's expansion into the energy sector. Additionally, 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].
References:
[1] https://finance.yahoo.com/news/ferrovial-develop-250mw-solar-facility-092613979.html
[2] https://www.powermag.com/ferrovial-developing-250-mw-solar-project-in-texas/
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet