History of Ferrovial Airports
Get to know the history of Ferrovial Airports, from the division’s formation in 1998 to today.
Ferrovial Airports leads the consortium which has been shortlisted to negotiate a project for renovation and improvement of Denver Airport’s main terminal.
First experience in the electricity transmission market with the acquisition of Transchile in Chile.
Increase in UK participation
Ferrovial, with an indirect 25% stake in Glasgow, Aberdeen and Southampton airports through its investment in HAH, signs an agreement to acquire 100% of assets in a 50% consortium with Macquarie’s MEIF4 fund.
- Sale of Stansted Airport.
HAH is born
- BAA changes its registered name to create Heathrow Airport Holdings Limited (HAH), covering all of the group’s airports.
- Sale of Edinburgh Airport to Global Infrastructure Partners (GIP).
Concession for the Cerro Moreno Airport in Antofagasta (Chile) expires.
Sale of BAA’s stake in Naples Airport to the entity controlled by F2i SGR, as well as its stake in Washington, Boston, Cleveland and Pittsburgh airports.
Sale of Gatwick to a consortium controlled by Global Infrastructure Partners (GIP).
Sale of BAA’s assets corresponding to the non-industrial portfolio of Airport Property Partnership (APP).
Disposal of the Word Duty Free Europe Limited (WDF) division.
Sale of the entire stake in Belfast City Airport to ABN Amro Global Infrastructure Fund, with the participation of Faros Infrastructure Partners.
- Disposal of BAA’s stake in Budapest Airport to Airport Holding Kft, the stake in Sydney Airport to Macquarie, and interest in the other six Australian airports to the holding company of Hastings Fund Management Limited.
- Expiry of the concession for Indianapolis Airport.
The sale of its stake in Budapest Airport to Airport Holding Kft, a consortium led by Hochtief AirPort GmbH, was for 1,309 billion pounds sterling.
Airports in the United Kingdom
- With the acquisition of HAH (previously BAA) by a Ferrovial-led consortium comprising Caisse de dépôt et placement du Québec and the Sovereign Fund of the Government of Singapore (GIC), Ferrovial becomes the leading private infrastructure operator in the world. This acquisition includes seven UK airports (Heathrow, Gatwick, Stansted, Southampton, Aberdeen, Glasgow and Edinburgh), Naples and Budapest airports, a 19.8% stake in the Australian airports of Melbourne and Lauceston, a 15% stake in Perth airport, and a 10% stake in three Northern Territory airports (Darwin International Airport, Alice Springs Airport and Tennant Creek), as well as five airports in the US (Cleveland, Boston, Pittsburgh, Baltimore and Indianapolis).
- Disposal of the company’s stake in Bristol Airport.
Disposal of the company’s stake in Aeropuertos del Sureste de México.
Acquisition of Belfast City Airport in Northern Ireland from Bombardier. The concession was for 111 years.
Acquisition of a 21% stock in Sydney Airport, with a concession for 95 years.
Acquisition of Bristol International Airport, as part of a 50% consortium with Macquarie. Ferrovial becomes the first Spanish company to win a tender for an airport in Europe.
Award of a contract for execution, maintenance and operation of the passenger terminal of
Cerro Moreno Airport in Antofagasta, Chile. The concession was granted for a period of 10 years.