Spanish infrastructure company Ferrovial has revealed its intention to construct a 250MW solar photovoltaic (PV) facility in Texas, US.
The project, located in Milam County, is expected to cost approximately $355m, inclusive of debt financing.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Ferrovial will oversee the construction, operation, and maintenance of the facility, which aims to supply electricity to the Texas grid and long-term economic growth in the region.
Ferrovial Energy CEO María José Esteruelas said: “This project is a strong example of how infrastructure investment can directly benefit communities.
“As data centres 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.”
The construction of the facility is set to commence in the coming months.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataThe project is expected to create nearly 300 jobs during the building phase, the company said in its press statement.
The plant is expected to be operational by 2027.
Once completed, the plant will deliver around 450GWh of electricity annually, which is sufficient to power approximately 43,000 homes.
Ferrovial added that this project will expand its energy portfolio in Texas, complementing its existing 257MW DC plant in Leon County.
Additionally, the company is nearing the completion of a 72MW PV plant in the Houston area for its client, X-Elio.
This July, Ferrovial unveiled plans to construct three new PV plants in Spain’s Murcia region, in collaboration with integrated energy company TotalEnergies and solar energy solutions provider Soltec.
With a combined capacity of 116MWp, the facilities are expected to generate electricity for more than 30,500 homes.
