Ferrovial Reaches Commercial Close on $Tennessee's Largest PPP for I-24 Lanes
Image
Amsterdam – – September 30, 2026 -- Ferrovial has reached commercial close with the Tennessee Department of Transportation for the I-24 Southeast Choice Lanes, marking the state's largest single capital investment and its first public-private partnership.
DriveTN consortium secures 50-year concession for Nashville corridor
The Ferrovial-led DriveTN consortium, which also includes Transurban and Tikehau Star Infra, will finance, design, build, operate and maintain the new lanes under a 50-year concession beginning once the roadway opens to traffic. TDOT selected the consortium for the project in August 2026.