Ferrovial invests $355mn in 250 MW solar plant in Texas

Ferrovial will launch a 250 MW solar plant in Texas for $355mn, expanding its US energy portfolio and creating around 300 jobs during the construction phase.

Share:

Subscribe for unlimited access to all energy sector news.

Over 150 multisector articles and analyses every week.

Your 1st year at 99 $*

then 199 $/year

*renews at 199$/year, cancel anytime before renewal.

Ferrovial, a global infrastructure group based in Spain, announced the development of a 250 megawatt (MW) photovoltaic plant in Milam County, Texas, for an estimated investment of $355mn. The project includes the construction, operation, and maintenance of the facility by the company. According to Ferrovial, the plant aims to strengthen the reliability of the Texas power grid amid rising demand.

An investment structured around regional growth

Ferrovial Energy Chief Executive Officer María José Esteruelas said the initiative illustrated the direct impact of infrastructure investment on local communities. The company expects to generate around 300 jobs during the construction phase, which is set to begin in the coming months. The facility is scheduled to come online in 2027 and produce approximately 450 gigawatt hours (GWh) annually, equivalent to the electricity consumption of 43,000 households.

Ferrovial noted that the project will complement its other energy investments in Texas, where the company is already expanding its solar portfolio. Its existing assets include a 257 MWdc facility in Leon County, as well as a 72 MW installation in the Houston area, built for producer X-Elio and nearing commissioning.

Strengthening Ferrovial’s presence in the United States

This initiative confirms the group’s strategy of increasing its capacity in the renewable energy sector in the United States, one of the most dynamic markets for solar power generation. The Milam County project represents a further step in Ferrovial’s positioning in the US market, where growing energy consumption, driven particularly by data centres, is intensifying the need for large-scale investment.

The company stated that these projects not only add generation capacity but also bring local economic benefits through employment and associated services. The Milam County project is part of this broader development of infrastructure designed to meet the region’s growing needs.

The 4.99 MW floating solar power plant in Cebu supplies the Carmen Copper mining site, covering about 10% of its energy needs, with connection to the national grid now effective.
Four photovoltaic plants totaling 50 MW will be built in Benin by Axian Energy and Sika Capital to strengthen the share of renewables in the country’s energy mix.
Developer Qair secures a loan from the Facility for Energy Inclusion to build a 5.8 MWp floating photovoltaic solar plant in Providence Lagoon, the first utility-scale project of its kind in Seychelles.
Israeli group Shikun & Binui begins commercial operation of its first photovoltaic park in Romania, a 71 MW facility located in Satu Mare County.
Canadian Solar reported a gross margin of 29.8% in Q2 2025, exceeding expectations despite a net loss, amid delayed project sales and asset impairments.
Australian distributor OSW secures strategic funding to accelerate U.S. growth and deploy its digital solar project management platform.
According to the Energy Information Administration, solar will represent the leading source of new U.S. power capacity this year.
Two 13 MW solar facilities have been completed at the Fort Polk military site in Louisiana by Onyx Renewables and Corvias as part of a partnership to secure the site’s long-term energy supply.
Photon Energy Group reports quarterly revenue growth driven by solar technology trading, while profitability falls due to a weaker capacity market.
Two photovoltaic projects led by RWE were selected in a federal tender, with commissioning scheduled by the end of 2026, subject to permits.
The public utility Eskom launches a tender to sell long-term solar electricity via PPAs, directly targeting industrial players amid continued pressure on national energy security.
The Norwegian group Scatec strengthens its position in emerging markets with a marked increase in revenue and its portfolio of projects under construction.
The consortium led by Masdar has secured approximately $1.1 billion in financing to build one of the world’s largest solar power plants in Saudi Arabia’s Eastern Province.
The European Bank for Reconstruction and Development is financing the modernization of Enerjisa Enerji’s electricity distribution network in the Toroslar region, affected by the 2023 earthquakes.
Vikram Solar will supply 250 MW of high-efficiency solar modules to the Bondada Group for a project in Maharashtra, with deployment scheduled to begin in fiscal year 2025–2026.
Meta secures its energy supply in South Carolina with a 100-megawatt solar project led by Silicon Ranch and Central Electric Power Cooperative. The site will support the group's future data center in Graniteville.
SolAmerica Energy secures a $100 million revolving credit facility with Deutsche Bank to support its distributed solar assets in the United States.
Diamond Infrastructure Solutions grants Third Pillar Solar exclusive access to its Texas reservoirs to evaluate the potential for 500 MW of floating solar as part of a $700 million investment.
The Jackson County Solar project, valued at 125 megawatts, is expected to generate more than $70 million in direct economic impact for local communities in Michigan.
Empower New Energy commissions a solar power plant in Egypt for L’Oréal, completing a direct investment structured without debt and strengthening its market entry strategy in the African industrial sector.

Log in to read this article

You'll also have access to a selection of our best content.

or

Go unlimited with our annual offer: $99 for the 1styear year, then $ 199/year.