Ferrovial stock adds $538 million Texas water project

Ferrovial's U.S. subsidiary Webber has secured a major water infrastructure contract in Texas, adding a long-duration project to the group's North American construction portfolio. Ferrovial announced the award on Thursday, November 5, 2026, in a Ferrovial press release.

Webber takes Fort Worth delivery role

Webber will build the Mary's Creek Water Reclamation Facility in Fort Worth for a contract worth 537.9 million US dollars. Ferrovial calls it the company's largest U.S. water infrastructure project to date.

The greenfield facility is designed to process 10 million US gallons of water per day and expand wastewater treatment capacity in western Fort Worth. Once operational, it is expected to provide reclaimed water for industrial and irrigation uses.

Multi-year construction timetable

The planned scope includes equalization and peak-flow storage basins, screening and grit removal, bioreactors, advanced wastewater treatment, solids handling, odor control, and electrical and control systems. The design also uses advanced nutrient removal and membrane bioreactor technology.

Construction is scheduled to begin in November 2026 and is expected to finish by summer 2030. The contract adds execution visibility for Webber, although the announcement did not include a group earnings or cash-flow forecast for the project.

What has changed since our last report

Ferrovial stock traded at 55.50 euros on Lang & Schwarz at 18:03 CET on Thursday, November 12, 2026, 5.23 percent above the 52.74-euro Lang & Schwarz quote in our November 4 report. This comparison is separate from the regular daily exchange comparison.

The broader Dutch market backdrop is covered in the AEX market overview.

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