Solar panel plant. Sustainable renewable power energy and global warning

Ferrovial Invests in Renewable Energy Project in Texas

In a significant move towards sustainability, Ferrovial, a global infrastructure company, has announced its investment in a 257 MWdc solar photovoltaic (PV) plant in Leon County, Texas. This project, with an investment of $72 million, marks the company’s first foray into renewable energy in the United States. The construction of the plant, set to begin this quarter, is expected to create over 400 jobs, providing a boost to the local economy.

Commitment to Sustainable Energy Solutions

María José Esteruelas, the CEO of Ferrovial Energy, emphasized the collaborative nature of the project, highlighting the importance of partnerships between energy stakeholders and private entities in delivering reliable energy to communities. The investment in this solar PV plant underscores Ferrovial’s strategy to diversify its presence globally and focus on regions with a high demand for renewable energy solutions, such as the United States. Once operational, the plant is projected to generate approximately 475 GWh of electricity annually, significantly reducing carbon emissions by over 195,000 tons of CO2 each year.

Expanding Renewable Energy Portfolio

In addition to the project in Leon County, Ferrovial is actively involved in the construction of a 72 MW PV plant with a 60 MW battery energy storage system in Houston. These initiatives reflect the company’s commitment to advancing sustainable energy solutions and reducing its environmental impact. As the demand for renewable energy continues to grow, Ferrovial’s investments in solar PV projects demonstrate its dedication to driving positive change and fostering a more sustainable future for all.

This latest investment by Ferrovial in a renewable energy project in Texas signifies a significant step towards achieving its sustainability goals and contributing to the global transition to clean energy sources.