Ferrovial (FER) Wins Another Major U.S. Infrastructure Project

Ferrovial N.V. (NASDAQ:FER) is one of the 9 Best Stocks to Buy in Chris Hohn’s TCI Fund Portfolio.

Ferrovial (FER) Wins Another Major U.S. Infrastructure Project

Forming almost 3% of the TCI Fund portfolio, Ferrovial SE officially completed its conversion into a Dutch public limited liability company, legally changing its name to Ferrovial N.V. (NASDAQ:FER) on April 30, 2026.  On June 8, 2026, Ferrovial N.V. (NASDAQ:FER) was awarded a $1.079 billion contract by the U.S. Army Corps of Engineers (USACE). This newly awarded contract marks the second contract with USACE under the Puerto Nuevo flood control project and aims at expanding and upgrading a section of the Río Piedras channel in San Juan. Ignacio Gaston, Ferrovial Construction CEO, stated:

We are proud to continue working with the U.S. Army Corps of Engineers to deliver complex projects that will strengthen resilience, reduce flood risk, and provide long-term benefits for the local economy and community.

In a more recent development, on June 24, 2026, Dalaman Airport, managed by Ferrovial N.V. (NASDAQ:FER), became the first global terminal to meet 100% of its electricity demand using rooftop solar power. Phase 2 completion marks a major milestone in Ferrovial N.V.’s (NASDAQ:FER) strategy for low-carbon infrastructure.

Founded in 1952, Ferrovial N.V. (NASDAQ:FER) is a global infrastructure giant with headquarters in the Netherlands. The company manages high-concession toll roads, airports, and construction assets, with North America serving as its primary long-term corporate growth engine.

While we acknowledge the risk and potential of FER as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FER and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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