{"id":129029,"date":"2024-05-28T16:06:13","date_gmt":"2024-05-28T14:06:13","guid":{"rendered":"https:\/\/newsroom.ferrovial.com\/press-releases\/ferrovial-acquires-a-257mwdc-pv-project-in-texas\/"},"modified":"2024-05-28T16:06:13","modified_gmt":"2024-05-28T14:06:13","slug":"ferrovial-acquires-a-257mwdc-pv-project-in-texas","status":"publish","type":"press_release","link":"https:\/\/newsroom.ferrovial.com\/en-us\/press-releases\/ferrovial-acquires-a-257mwdc-pv-project-in-texas\/","title":{"rendered":"Ferrovial acquires a 257MWdc PV project in Texas, powering 36,000 households"},"content":{"rendered":"    <section class=\"wysiwyg text-editor \" id=\"\">\n        <div class=\"container container--narrow container--p-10\">\n            <p><span data-contrast=\"none\">Ferrovial, a leading global infrastructure company, today announced it signed an agreement which includes the construction and operation of a 257 MWdc solar photovoltaic (PV) plant in Leon County, Texas, capable of serving over 36,000 homes.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559685&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Ferrovial is investing $72 million in this project, which is an important milestone for the Energy division, as it is its first investment in a renewable project in the United States, where the company has been operating for 20 years.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559685&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">\u201cThis project represents the collaborative efforts between energy stakeholders and private entities to provide reliable energy to communities,\u201d said Mar\u00eda Jos\u00e9 Esteruelas, Ferrovial Energy CEO. \u201cOur investment reaffirms the divison\u2019s strategy to diversify our multinational presence, focusing on the fastest growing regions for solar PV and in the U.S.\u201d\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559685&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">More than 400 jobs are expected to be created during the construction phase starting this quarter. The plant is planned to begin generating power by 2026. Once fully operational, it will be able to produce approximately 475 GWh a year while avoiding the emission of over 195,000 tons of <\/span><span data-contrast=\"none\">CO<\/span><span data-contrast=\"none\">2 <\/span><span data-contrast=\"none\">annually.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559685&quot;:0,&quot;335559739&quot;:200,&quot;335559740&quot;:240}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Also in Texas, Ferrovial is currently building a 72 MW PV plant with 60 MW battery energy storage system in Houston for its client X-Elio.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559739&quot;:200,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n        <\/div>\n    <\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":129030,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","nivel-2":[2933,3020,3021,2815,2787,2913,2935,3022,2954,2790,3023],"nivel-5":[2803,3024],"nivel-1":[2870,2903],"nivel-3":[2802],"nivel-4":[2823],"class_list":["post-129029","press_release","type-press_release","status-publish","has-post-thumbnail","hentry","nivel-2-awarded-contracts-en-us","nivel-2-construction-en-us","nivel-2-contracts-en-us","nivel-2-corporate-en-us","nivel-2-design-and-construction-en-us","nivel-2-energy-en-us","nivel-2-energy-efficiency-en-us","nivel-2-energy-services-en-us","nivel-2-facilities-en-us","nivel-2-infrastructures-en-us","nivel-2-renewable-energy-en-us","nivel-5-ferrovial-en-us","nivel-5-ferrovial-energy-en-us","nivel-1-construction-en-us","nivel-1-energy-en-us","nivel-3-united-states-en-us","nivel-4-texas-en-us"],"acf":[],"yoast_head":"<title>Ferrovial acquires a 257MWdc PV 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