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Ferrovial to develop 250 MW solar facility in Milam County, Texas

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Ferrovial (FER) has announced plans to develop a 250 MW solar photovoltaic facility in Milam County, Texas, with a total investment of $355 million. The project will generate approximately 450 GWh of electricity annually, enough to power 43,000 homes.

Construction is set to begin in the coming months, creating 300 jobs during the build phase, with power generation expected to start by 2027. The facility adds to Ferrovial's existing energy portfolio in Texas, which includes a 257 MWdc plant in Leon County and a 72 MW PV plant near Houston.

Ferrovial (FER) ha annunciato l'intenzione di realizzare un impianto fotovoltaico da 250 MW nella contea di Milam, Texas, per un investimento complessivo di 355 milioni di dollari. Il progetto produrrà circa 450 GWh di elettricità all'anno, sufficienti ad alimentare 43.000 abitazioni.

I lavori dovrebbero iniziare nei prossimi mesi, creando 300 posti di lavoro nella fase di costruzione, mentre la generazione di energia è prevista a partire dal 2027. L'impianto si aggiunge al portafoglio energetico di Ferrovial in Texas, che comprende una centrale da 257 MWdc nella contea di Leon e un impianto fotovoltaico da 72 MW vicino a Houston.

Ferrovial (FER) ha anunciado planes para desarrollar una instalación fotovoltaica de 250 MW en el condado de Milam, Texas, con una inversión total de 355 millones de dólares. El proyecto generará aproximadamente 450 GWh de electricidad al año, suficiente para abastecer a 43.000 hogares.

La construcción comenzará en los próximos meses, creando 300 empleos durante la fase de obra, y se espera que la generación de energía arranque en 2027. La planta se suma a la cartera energética de Ferrovial en Texas, que incluye una central de 257 MWdc en el condado de Leon y una planta fotovoltaica de 72 MW cerca de Houston.

Ferrovial (FER)� 텍사� 밀� 카운티에 250MW 규모� 태양� 발전 시설� 개발� 계획� 발표했으�, � 투자액은 3� 5,500� 달러입니�. � 프로젝트� 연간 � 450GWh� 전력� 생산� 43,000가구에 전력� 공급� � 있습니다.

건설은 향후 � � � 시작� 예정이며, 공사 기간 동안 300개의 일자�가 창출되고, 발전은 2027년부� 시작� 것으� 예상됩니�. � 시설은 레온 카운티의 257MWdc 발전소와 휴스� 인근� 72MW 태양� 발전소를 포함� Ferrovial� 텍사� � 기존 에너지 포트폴리오에 추가됩니�.

Ferrovial (FER) a annoncé son projet de développer une installation photovoltaïque de 250 MW dans le comté de Milam, au Texas, pour un investissement total de 355 millions de dollars. Le projet devrait produire environ 450 GWh d'électricité par an, soit suffisamment pour alimenter 43 000 foyers.

La construction devrait débuter dans les prochains mois, créant 300 emplois pendant la phase de chantier, et la production d'électricité est attendue dès 2027. L'installation vient s'ajouter au portefeuille énergétique de Ferrovial au Texas, qui comprend une centrale de 257 MWdc dans le comté de Leon et une centrale PV de 72 MW près de Houston.

Ferrovial (FER) hat Pläne angekündigt, eine 250-MW-Photovoltaikanlage im Milam County, Texas, zu entwickeln, mit einer Gesamtinvestition von 355 Millionen US-Dollar. Das Projekt wird voraussichtlich rund 450 GWh Strom pro Jahr erzeugen, genug für 43.000 Haushalte.

Der Baubeginn ist in den kommenden Monaten geplant und schafft während der Bauphase 300 Arbeitsplätze. Die Stromerzeugung soll bis 2027 beginnen. Die Anlage ergänzt Ferrovials bestehendes Energieportfolio in Texas, zu dem eine 257 MWdc-Anlage im Leon County und eine 72 MW PV-Anlage nahe Houston gehören.

Positive
  • Investment of $355 million demonstrates significant commitment to renewable energy expansion
  • Project will create 300 new jobs during construction phase
  • Facility will generate 450,000 MWh annually, powering 43,000 homes
  • Strengthens Ferrovial's energy portfolio in Texas alongside existing projects
Negative
  • Long development timeline with operations not starting until 2027
  • Significant capital expenditure may impact short-term financial flexibility

The project will bring reliable electricity to the grid and drive long-term economic growth in the region

AMSTERDAM, Aug. 26, 2025 /PRNewswire/ -- , a leading global infrastructure company, will develop a new 250 MW solar photovoltaic facility, located in Milam County, Texas. The project represents a total investment of approximately $355 million, including debt. Ferrovial will be responsible for the construction, operation, and maintenance of the facility, which will deliver reliable electricity to the Texas grid and support long-term economic growth in the region.

"This project is a strong example of how infrastructure investment can directly benefit communities," said María José Esteruelas, Ferrovial Energy CEO. "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."  

Construction is scheduled to begin in the coming months, generating nearly 300 jobs during the build phase. The facility is expected to produce power by 2027 and deliver approximately 450 GWh (450,000 MWh) of electricity annually–enough to serve 43,000 homes.  

The project adds to Ferrovial's energy portfolio in Texas, complementing a in Leon County. The Company is also nearing construction completion of a 72 MW PV plant in the Houston area for its client X-Elio. 

About Ferrovial

Ferrovial is one of the world's leading infrastructure companies. The Company operates in more than 15 countries and has a workforce of over 25,000 worldwide. Ferrovial is triple listed on Euronext Amsterdam, the Spanish Stock Exchanges and Nasdaq and is a member of Spain's blue-chip IBEX 35 index. It is also included in globally recognized sustainability indices such as the Dow Jones Best in Class Index (former Dow Jones Sustainability Index) and strives to conduct all of its operations in compliance with the principles of the UN Global Compact, which the Company adopted in 2002.

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SOURCE Ferrovial

FAQ

What is the capacity and investment value of Ferrovial's new Texas solar facility?

The facility will have a 250 MW capacity with a total investment of $355 million, including debt.

How many homes will Ferrovial's Milam County solar facility power?

The facility will generate 450 GWh of electricity annually, enough to power 43,000 homes.

When will Ferrovial's new Texas solar facility begin operations?

Construction will begin in the coming months, with power generation expected to start by 2027.

How many jobs will Ferrovial's new solar project create in Texas?

The project will generate nearly 300 jobs during the construction phase.

What other energy projects does Ferrovial have in Texas?

Ferrovial operates a 257 MWdc plant in Leon County and is completing a 72 MW PV plant near Houston for X-Elio.
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