Ferrovial consortium reaches commercial close on Nashville I-24 Choice Lanes concession

  • Ferrovial and DriveTN reached commercial close with Tennessee’s transportation department.
  • A 50-year concession covers Nashville’s I-24 Southeast Choice Lanes project.
  • The consortium will finance, design, build, operate and maintain the lanes.

Ferrovial and its DriveTN consortium reached commercial close with the Tennessee Department of Transportation for the I-24 Southeast Choice Lanes in Nashville. The agreement covers financing, design, construction, operation and maintenance under a 50-year concession (long-term operating agreement).

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