​​Image by courtesy of Fundación Consejo España Australia
Ferrovial and Plenary create a consortium in Australia
2/24/2017
​Ferrovial, through its subsidiary Cintra, has created a consortium with the Australian infrastructure operator Plenary to jointly compete in the motorway and concessions markets in Australia and New Zealand.
 
The new consortium, called Netflow, integrates the international experience of both companies in the sector. According to Enrique Diaz-Rato, CEO of Cintra, "Plenary has found a partner with whom we share our vision of infrastructure development and management and with whom we hope to create a solid portfolio of projects."

Both companies are currently part of the ‘Nexus Infrastructure’ consortium, which develops the Toowoomba Second Range Crossing highway, valued at around 1,100 million euros.
 
Ferrovial continues to consolidate its presence in the country, where it also has two sections of the Pacific Highway. Cintra currently manages more than 1,880 kilometers of freeways, distributed in 26 concessions in Canada, USA, Europe, Australia and Colombia.

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