Tag: $Ferrovial

A fire that shut London’s Heathrow airport in March, stranding thousands of people, was caused by the UK power grid’s failure to maintain an electricity substation, an official report said on Wednesday, prompting the energy watchdog to open a probe.

Motorway and airports operator Ferrovial had a surprise first-quarter revenue bump from freight traffic on toll roads in the United States and Canada, probably related to imports in anticipation of sweeping U.S. tariffs, its CFO told Reuters.

London’s Heathrow airport suffered its worst disruption in at least two decades after a nearby fire cut power to the hub and brought travel to a standstill for hundreds of thousands of passengers.

MADRID, Nov 28 (Reuters) – Infrastructure giant Ferrovial has reached an agreement with two different buyers to sell its entire 25% stake in Britain’s busiest airport, Heathrow, for 2.37 billion pounds ($3.01 billion) the company said in a statement on Tuesday.

Ferrovial said on Tuesday that it won a contract worth 300 million euros ($337.2 million) to extend a train line in Spain’s northeastern region of Catalonia.