Ferrovial continues to support innovation and renews its agreement with MIT

In line with its open innovation strategy, Ferrovial has renewed its agreement with the Massachusetts Institute of Technology for a further five years (until 2020), to support research projects aimed at transforming cities and developing the infrastructures of the future, as a sustaining member of the MIT Energy Initiative (MITEI). “By renewing our agreement with the MITEI, we are entering into a partnership to develop energy innovation projects that benefit both the company and society,” explains Federico Flórez, General Manager of Information and Innovation Systems. With this agreement, Ferrovial will support several research projects promoted by this prestigious academic institution. These projects will help to increase its scientific and technical knowledge and helps us face the company's energy challenges. Between 2011 and 2015, Ferrovial developed 11 projects which focused on the areas of construction, cities, infrastructure, water treatment, waste treatment and energy efficiency, among others. The results of these projects were positive for the business.

MITEI and innovation

The MIT Energy Initiative (MITEI), created in September 2006, is an initiative that is developed all over the Institute, with the aim of helping to transform the global energy system so that it meets the needs of the future, and of building a bridge towards the future by improving current energy systems. The MITEI's programme includes research, training, energy management on campus and other activities that cover all the areas of energy supply and demand, safety and environmental impact.