How much of Heathrow does Ferrovial own?

Ferrovial Exits Majority Stake in Heathrow Airport

In a major shift for one of Europe’s most iconic infrastructure holdings, Ferrovial has finalized the sale of its 19.75% stake in Heathrow Airport for 2 billion euros. The move, officially announced in a press release on 14 June 2024, marks the end of an era for the Spanish infrastructure giant, which had been a cornerstone shareholder in the UK’s busiest airport for nearly two decades.

This transaction is part of a broader divestment by Ferrovial and other shareholders in FGP Topco Ltd., the holding company that controlled the stake. While Ferrovial once held a dominant position—peaking at over 25%—this latest sale effectively reduces its influence, signaling a strategic pivot toward other global infrastructure and renewable energy projects.

The 2 billion euro deal reflects strong investor confidence in Heathrow’s long-term value, despite ongoing debates over expansion plans and environmental concerns. The airport remains a critical hub for international travel, and its ownership continues to attract sovereign wealth funds and institutional investors seeking stable, long-term assets.

Though Ferrovial is stepping back, the sale underscores the enduring appeal of major aviation infrastructure. For Heathrow, the transition brings fresh capital at a pivotal time, as it navigates post-pandemic recovery, sustainability mandates, and the potential for a third runway.

Meanwhile, Ferrovial can now redirect resources toward growth markets, particularly in North America and digital infrastructure. The exit from Heathrow may mark the close of a significant chapter—but for both the company and the airport, the future remains firmly in motion.