Ferrovial has reached an agreement to acquire a 96% stake in the New Terminal One consortium from Carlyle Global Infrastructure Fund. The transaction is valued at US$1.14 billion.
Carlyle Global Infrastructure Fund holds a 51% stake in the concessionaire appointed to design, build and operate the new Terminal 1 at JFK International Airport in New York until the year 2060. The concession also includes the operation of former Terminals 1, 2 and 3 at the airport.