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Appendix I. Subsidiaries (fully-consolidated companies) (million euro)

12 Months Ended

Dec. 31, 2024

Disclosure of subsidiaries [abstract]

Disclosure of subsidiaries [text block]

Appendix I. Subsidiaries (fully-consolidated companies) (million euro)

Entity			Type			Parent			% Ownership			Net Cost Ownership			Audit
CONTINUING OPERATIONS
CORPORATION
NETHERLANDS (Registered Office: Amsterdam)
Ferrovial Netherlands B.V.						Ferrovial SE			100.0%			80			1
Ferrovial Ventures Netherlands B.V.						Ferrovial SE			100.0%			9
SPAIN (Registered Office: Madrid)
Ferrovial Inversiones, S.A. (a)						Ferrovial SE			100.0%			2
Ferrovial Emisiones, S.A. (a)						Ferrovial SE			100.0%			0			1
Ferrovial Corporación, S.A. (a)						Ferrovial SE			100.0%			5			1
Ferrofin, S.L. (a)						Ferrovial Construcción, S.A. (a)			52.0%			40			1
						Ferrovial SE			48.0%			33			1
Temauri, S.L. (a)						Ferrovial SE			100.0%			5
Ferrovial 008, S.L.U (a)						Ferrovial SE			100.0%			0
Ferrovial 009, S.L.U (a)						Ferrovial SE			100.0%			0
Ferrovial 011, S.A						Ferrovial SE			100.0%			0
Ferrovial 012, S.A						Ferrovial SE			100.0%			0
Ferrovial 013, S.A						Ferrovial SE			100.0%			0
Ferrovial 014, S.A						Ferrovial SE			100.0%			0
Ferrovial 015, S.L.						Ferrovial SE			100.0%			0
Ferrovial 016, S.L.						Ferrovial SE			100.0%			0
Ferrovial 017, S.L.						Ferrovial SE			100.0%			0
Ferrovial Venture VI, S.A.U. (a)						Ferrovial SE			100.0%			6
Ferrovial Ventures, S.A.U. (a)						Ferrovial SE			100.0%			15
UNITED KINGDOM (Registered Office: Oxford)
Ferrocorp UK Ltd.						Ferrovial SE			100.0%			1			1
UNITED KINGDOM (Registered Office: London)
Ferrovial Ventures, Ltd.						Ferrovial SE			100.0%			7			1
IRELAND (Registered Office: Dublin)
Landmille, Ltd**						Ferrovial SE			100.0%			1			3
LUXEMBOURG (Registered Office: Luxembourg)
Krypton RE, S.A.						Ferrovial SE			100.0%			8			1
UNITED STATES (Registered Office: Austin)
Landmille US LLC						Ferrovial Holding US Corp			100.0%			0			3
UNITED STATES (Registered Office: New York)
Ferrovial IT US, LLC						Ferrovial Holding US Corp			100.0%			0
CONSTRUCTION
GERMANY (Registered Office: Cologne)
Budimex Bau GmbH						Budimex, S.A.			100.0%			0
RailBX GmbH						Budimex, S.A.			100.0%			6
ARABIA (Registered Office: Riyadh)
Ferrovial Agroman Company *						Ferrovial Construcción, S.A. (a)			97.5%			3			7
AUSTRALIA (Registered Office: Sydney)
Ferrovial Construction (Australia) PTY LTD						Ferrovial Construction Holdings Ltd			100.0%			46			1
BRASIL (Registered Office: Bela Vista, Sao Paulo)
Constructora Ferrovial Ltd. (Brazil) *						Ferrovial Construction International S.E.			99.0%			1
CANADA (Registered Office: Alberta)
Webber Infrastructure Management Alberta Ltd						Webber Infrastructure Management Canada Holdings Ltd			100.0%			0
CANADA (Registered Office: Markham - Ontario)
Ferrovial Construction CANADA Inc.						Ferrovial Construction International S.E.			100.0%			66			1
Ontario Transit FCCI (Hold Co) Inc.						Ferrovial Construction CANADA Inc.			100.0%			0
Webber Infrastructure Management Canada Ltd						Webber Infrastructure Management Canada Holdings Ltd			100.0%			6
Webber Infrastructue Management Ontario Limited						Webber Infrastructure Management Canada Holdings Ltd			100.0%			30
CANADA (Registered Office: Toronto)
Webber Infrastructure Management Canada Holdings Ltd						Ferrovial Construction International S.E.			100.0%			0
CHILE (Registered Office: Santiago de Chile)
Constructora Ferrovial Ltda. *						Ferrovial Empresa Constructora Ltda.			97.2%			0			1
Ferrovial Construcción Chile S.A.						Ferrovial Empresa Constructora Ltda.			100.0%			63			1
Ferrovial Empresa Constructora Ltda.						Ferrovial Construction International S.E.			100.0%			0			1
Ferrovial Energía Construcción SpA						Ferrovial Energía, S.A. (a)			100.0%			0			1

COLOMBIA (Registered Office: Bogotá)
Ferrovial Construcción Colombia, S.A.S						Ferrovial Construction International S.E.			100.0%			0
SLOVAKIA (Registered Office: Bratislava)
D4R7 Construction S.R.O.						Ferrovial Construction Slovakia S.R.O.			65.0%			0			3
Ferrovial Construction Slovakia S.R.O. *						Ferrovial Construction Holdings Ltd			99.0%			(2)			3
Budimex Slovakia s.r.o.						Budimex, S.A.			100.0%			0
SPAIN (Registered Office: Barcelona)
Conc. Prisiones Lledoners,S.A. (a)			P			Ferrovial Construcción, S.A. (a)			100.0%			16			1
SPAIN (Registered Office: Bilbao)
Cadagua, S.A. (a) *						Ferrovial Construcción, S.A. (a)			99.95%			70			1
SPAIN (Registered Office: Madrid)
Cocsa, S.A. (a)*						Ferrovial Construcción, S.A. (a)			99.95%			8			1
Ditecpesa, S.A. (a) *						Ferrovial Construcción, S.A. (a)			99.95%			1			1
Ferroconservación, S.A. (a)						Ferrovial Construcción, S.A. (a)			99.0%			19			1
Ferrovial Construcción, S.A. (a) *						Ferrovial SE			99.99%			386			1
Ferrovial Medio Ambiente y Energía, S.A. (a) *						Ferrovial Construcción, S.A. (a)			99.95%			1
Ferrovial Railway S.A. (a) *						Ferrovial Construcción, S.A. (a)			98.8%			0
Urbaoeste, S.A. (a) *						Ferrovial Construcción, S.A. (a)			99.0%			0
Cimentaciones Especiales y Estructurales CIMSA, S.A. *						Ferrovial Construcción, S.A. (a)			99.0%			0			1
Arena Recursos Naturales, S.A.U. (a)						Ferrovial Construcción, S.A. (a)			100.0%			0
Tecpresa Structural Solutions SA (a) *						Ferrovial Construcción, S.A. (a)			99.1%			2
SPAIN (Registered Office: Zaragoza)
Depusa Aragón S.A. (a)			P			Cadagua, S.A. (a)			51.7%			2			1
						Ferrovial Construcción, S.A. (a)			42.3%			0			1
UNITED STATES (Registered Office: Atlanta)
Ferrovial Construction East, LLC						Ferrovial Construction US Corp.			100.0%			457
UNITED STATES (Registered Office: Austin)
Cadagua US LLC						Webber, LLC			100.0%			14
Ferrovial Agroman 56, LLC						Ferrovial Construction Texas, LLC			100.0%			35
Ferrovial Agroman Indiana, LLC						Ferrovial Construction US Corp.			100.0%			0
Ferrovial Construction Texas, LLC						Ferrovial Construction US Corp.			100.0%			74
Ferrovial Construction US Corp.						Ferrovial Construction US Holding Corp.			100.0%			1,010			1
Ferrovial Construction US Holding Corp.						Ferrovial Holding US Corp.			100.0%			1,168			1
Grand Parkway Infrastructure LLC						DBW Construction LLC			30.0%			0			1
						Ferrovial Construction Texas, LLC			40.0%			0			1
Ferrovial Energy Solutions, LLC						Ferrovial Energy US, LLC			100.0%			0
Webber Infrastructure Management US Inc.						Webber, LLC			100.0%			308			1
Webber Infrastructure Management Inc.						Webber Infrastructure Management US			100.0%			39			1
Webber Infrastructure Management Holding US Corp						Ferrovial Holding US Corp			100.0%			(3)			1
Ferrovial Construccion JFK T1 LLC						Ferrovial Construction US Corp.			100.0%			0
Tecpresa Structural Solutions, LLC						Ferrovial Construction US Holding Corp.			100.0%			0
UNITED STATES (Registered Office: Charlotte)
Sugar Creek Construction LLC						Ferrovial Construction East, LLC			70.0%			64
UNITED STATES (Registered Office: Dallas)
Trinity Infrastructure LLC						DBW Construction LLC			40.0%			0
						Ferrovial Construction Texas, LLC			60.0%			0
UNITED STATES (Registered Office: Fort Worth)
North Tarrant Infrastructures						DBW Construction LLC			25.0%			0			1
						Ferrovial Construction Texas, LLC			75.0%			0			1
UNITED STATES (Registered Office: Georgia)
North Perimeter Contractors LLC						Ferrovial Construction East, LLC			100.0%			387			1
Webber - United LLC						Webber, LLC			60.0%			0
UNITED STATES (Registered Office: Los Angeles)
California Rail Builders						Ferrovial Construction West, LLC			80.0%			0			1
Ferrovial Construction West, LLC						Ferrovial Construction US Corp.			100.0%			0			1
UNITED STATES (Registered Office: North Richland Hills)
Bluebonnet Contractor, LLC						DBW Construction LLC			40.0%			0
						Ferrovial Construction Texas, LLC			60.0%			0
UNITED STATES (Registered Office: The Woodlands)
DBW Construction LLC.						Webber, LLC			100.0%			(2)			1
Webber Waterworks, LLC						Cadagua US, LLC			50.0%			0			1
						Webber, LLC			50.0%			0			1
Webber Materials, LLC						Webber Equipment & Materials LLC			100.0%			88			1
Webber, LLC						Ferrovial Construction US Holding Corp.			100.0%			653			1
Webber Barrier Services						Webber, LLC			100.0%			5			1
Webber Commercial Construction LLC						Webber, LLC			100.0%			0			1

Webber Equipment & Materials LLC						Webber, LLC			100.0%			227			1
Webber Management Group LLC						Webber Equipment & Materials LLC			100.0%			41			1
UNITED STATES (Registered Office: Virginia)
FAM Construction LLC (I-66)						Ferrovial Construction US Corp.			70.0%			337			1
FRANCE (Registered Office: Paris)
Ferrovial Construction France, S.A.						Ferrovial Construction International S.E.			100.0%			12
NETHERLANDS (Registered Office: Amsterdam)
Ferrovial Construction International S.E.						Ferrovial SE			100.0%			761			1
IRELAND (Registered Office: Dublin)
Ferrovial Construction Ireland Ltd						Ferrovial Construction Holdings Ltd			100.0%			8
MEXICO (Registered Office: México DF)
Cadagua Ferr. Industrial MEXICO						Cadagua, S.A. (a)			75.1%			0
						Ferrovial Medio Ambiente y Energía, S.A. (a)			24.9%			0
NEW ZEALAND (Registered Office: Wellington)
Ferrovial Construction (New Zealand) Limited						Ferrovial Construcción Australia PTY LTD			100.0%			2
PERU (Registered Office: Lima)
Ferrovial Construcción Perú, S.A.C. *						Ferrovial Construction International S.E.			99.99%			0
POLAND (Registered Office: Cracow)
Mostostal Kraków S.A.						Budimex, S.A.			100.0%			3			1
Mostostal Kraków Energetyka sp. z o.o.						Mostostal Kraków SA			100.0%			0			1
Fotowoltaika HIG XIV Sp. z o.o.						Budimex, S.A.			100.0%			2
POLAND (Registered Office: Kamieńsk)
FBSerwis Kamieńsk Sp. z o.o.						FBSerwis SA			80.0%			0			1
FBSerwis Zielony Kamieńsk Sp. z o.o.						FBSerwis Kamieńsk Sp. z o.o.			100.0%			0
POLAND (Registered Office: Kąty Wrocławskie)
FBSerwis Wrocław Sp. z o.o.						FBSerwis SA			100.0%			0			1
FBSerwis Zielony Wrocław Sp. z o.o.						FBSerwis Wrocław Sp. z o.o.			100.0%			0
POLAND (Registered Office: Ścinawka Dolna)
FBSerwis Dolny Sląsk Sp. z o.o.						FBSerwis SA			100.0%			0			1
FBSerwis Zielony Dolny Śląsk Sp. z o.o.						FBSerwis Dolny Sląsk Sp. z o.o.			100.0%			0
POLAND (Registered Office: Tarnów)
FBSerwis Karpatia Sp. z o.o.						FBSerwis SA			100.0%			0			1
FBSerwis Zielona Karpatia Sp. z o.o.						FBSerwis Karpatia Sp. z o.o.			100.0%			0
POLAND (Registered Office: Warsaw)
Budimex, S.A.						Ferrovial Construction International S.E.			50.1%			83			1
Bx Budownictwo Sp. z o.o.						Budimex, S.A.			100.0%			0			1
Bx Kolejnictwo SA						Budimex, S.A.			100.0%			26			1
Budimex Parking Wrocław Sp. z o.o.			P			Budimex, S.A.			51.0%			1			1
FBSerwis SA						Budimex, S.A.			100.0%			69			1
FBSerwis A Sp. z o.o.						FBSerwis SA			100.0%			0
FBSerwis B Sp. z o.o.						FBSerwis SA			100.0%			0
FBSerwis Odbiór Sp. z o.o.						FBSerwis SA			100.0%			0
FBSerwis Paliwa Alternatywne Sp. z o.o.						FBSerwis SA			100.0%			0
JZE Sp. z o.o.						FBSerwis SA			100.0%			0
Zaklad, Przetworstwa Odpadow Zawisty Sp. Z.o.o.						JZE Sp. z.o.o.0			100.0%			0
Konstalex Sp. z o.o.						Mostostal Kraków SA			100.0%			0
Budimex Most Wschodni S.A.						Budimex, S.A.			100.0%			0			1
Circular Construction SA						Budimex Most Wschodni SA			100.0%			0			1
Magnolia Energy Sp. z o.o.			P			Budimex, S.A.			100.0%			9			1
Budimex PPP SA						Budimex, S.A.			100.0%			4			1
Budimex F Sp. z o.o.						Budimex, S.A.			100.0%			0
Budimex A Sp. z o.o.						Budimex, S.A.			100.0%			0
Budimex O Sp. z o.o.						Budimex, S.A.			100.0%			0
Budimex P Sp. z o.o.						Budimex, S.A.			100.0%			0
Budimex R Sp. z o.o.						Budimex, S.A.			100.0%			0
Budimex D Sp. z o.o.						Budimex SA			76.0%			0
Budimex SA Sygnity SA sj						Budimex, S.A.			67.0%			0
Budimex SA Cadagua SA IV sc						Budimex, S.A.			99.9%			0
Budimex SA Cadagua SA V sc						Budimex, S.A.			99.9%			0
Budimex SA Tecnicas Reunidas SA - Turów s.c.						Budimex, S.A.			50.0%			0
Green Waste Management 5 Sp. z o.o.						FBSerwis SA			100.0%
Green Waste Management 6 Sp. z o.o.						FBSerwis SA			100.0%
PUERTO RICO (Registered Office: San Juan)
Ditecpesa PR, LLC						Ferrovial Construction International S.E.			100.0%			1
Ferrovial Construcción Puerto Rico, LLC						Ferrovial Construction International S.E.			100.0%			25
UNITED KINGDOM (Registered Office: London)

Ferrovial Construction (UK) Limited						Ferrovial Construction Holdings Ltd			100.0%			9			1
Ferrovial Construction Holdings Limited						Ferrovial Construction International S.E.			100.0%			74			1
FC Civil Solutions Limited						Ferrovial Construction Holdings Ltd			100.0%			0
TOLL ROADS
SPAIN (Registered Office: Madrid)
Cintra Infraestructuras España, S.L. (a)						Ferrovial, SE			100.0%			101			1
Cintra Inversora Autopistas de Cataluña, S.L. (a)			P			Cintra Infraestructuras España S.L. (a)			100.0%			0			1
Inversora Autopistas de Cataluña, S.L. (a)			P			Cintra Inversora Autopistas de Cataluña, S.L. (a)(a)			100.0%			0			1
Cintra Inversiones, S.L.U. (a)						Cintra Infraestructuras España S.L. (a)			100.0%			0
Cintra Servicios de Infraestructuras, S.A. (a) *						Cintra Infraestructuras España S.L. (a)			99.99%			0			1
Autopista Alcalá-O'Donnell, S.A. (a)						Cintra Infraestructuras España S.L. (a)			100.0%			3
Autovía de Aragón, Sociedad Concesionaria, S.A.			P			Ferrovial Construcción, S.A. (a)			55.0%			23			1
						Cintra Infraestructuras España S.L. (a)			30.0%			15			1
						Ferrovial, SE			15.0%			3			1
Pilum, S.A. *			P			Ferrovial SE			94.1%			0
Ferrovial Aravia, S.A.			P			Ferrovial Construcción, S.A. (a)			55.0%			1			1
						Cintra Infraestructuras España S.L. (a)			30.0%			1			1
						Ferrovial, SE			15.0%			0			1
SPAIN (Registered Office: Barcelona)
Autema, S.A. (a)			P			Inversora Autopistas de Cataluña, S.L. (a)			76.3%			426			1
AUSTRALIA (Registered Office: Melbourne)
Cintra OSARS (Western) Holdings Unit Trust						Cintra OSARS Western Ltd			100.0%			23
Cintra OSARS Western Unit Trust						Cintra OSARS (Western) Holdings Unit Trust			100.0%			(3)
AUSTRALIA (Registered Office: Sydney)
Cintra Developments Australia PTY, Ltd						Cintra Infrastructures UK Ltd			100.0%			1			1
Cintra OSARS (Western) Holdings PTY Ltd						Cintra OSARS Western Ltd			100.0%			0			1
Cintra OSARS Western PTY Ltd						Cintra OSARS (Western) Holdings PTY Ltd			100.0%			0			1
CANADA (Registered Office: Toronto)
Cintra 4352238 Investments INC						407 Toronto Highway B.V.			100.0%			0
COLOMBIA (Registered Office: Bogotá)
Cintra Infraestructuras Colombia, S.A.S. (a)						Cintra Global SE			100.0%			23			1
UNITED STATES (Registered Office: Austin)
Ferrovial Holding US Corp						Cintra Infrastructures, S.E.			100.0%			3,102
Cintra Holding US Corp						Ferrovial Holding US Corp			100.0%			22
Cintra Texas Corp						Cintra Holding US Corp			100.0%			(22)
Cintra US Services LLC						Cintra Texas Corp			100.0%			1
Cintra ITR LLC *						Cintra Holding US Corp			49.0%			78
						Ferrovial Construction US Corp.			44.0%			23			1
Cintra LBJ LLC						Cintra Holding US Corp			100.0%			303
Cintra NTE LLC						Cintra Holding US Corp			100.0%			240
Cintra NTE Mobility Partners Segments 3 LLC						Cintra Holding US Corp			100.0%			4
Cintra Toll Services LLC						Cintra Holding US Corp			100.0%			0
Cintra I-77 Mobility Partners LLC						Cintra Holding US Corp			100.0%			142
Cintra 2 I-77 Mobility Partners LLC						Cintra Holding US Corp			100.0%			66
Cintra 2 I-66 Express Mobility Partners						Cintra Holding US Corp			100.0%			679
I-66 Express Mobility Partners Holdings LLC			P			Cintra 2 I-66 Express Mobility Partners			50.0%			0
I-66 Express Mobility Partners LLC			P			I-66 Express Mobility Partners Holdings LLC			100.0%			1,437
Cintra 3I-66 Express Mobility Partners LLC						Cintra Holding US Corp			100.0%			200
Cintra 3 I-77 Mobility Partners LLC						Cintra Holding US Corp			100.0%			104
Cintra Digital Business Ventures LLC			P			Cintra Holding US Corp			100.0%			0
Cintra North Corridor Transit Partners LLC			P			Cintra Holding US Corp			100.0%			0
UNITED STATES (Registered Office: Charlotte)
I-77 Mobility Partners Holding LLC *			P			Cintra I-77 Mobility Partners LLC			50.1%			108
						Cintra 2-I77 Mobility Partners Holding LLC			15.0%			68
I-77 Mobility Partners LLC			P			I-77 Mobility Partners Holding LLC			100.0%			218			1
UNITED STATES (Registered Office: Dallas)
LBJ Infrastructure Group Holding LLC			P			Cintra LBJ LLC			54.6%			0
LBJ Infrastructure Group LLC			P			LBJ Infrastructure Group Holding LLC			100.0%			521			1
UNITED STATES (Registered Office: North Richland Hills)
NTE Mobility Partners Holding LLC			P			Cintra NTE LLC			63.0%			240			1
NTE Mobility Partners LLC			P			NTE Mobility Partners Holding LLC			100.0%			322			1
NTE Mobility Partners Segments 3 Holding LLC			P			Cintra NTE Mobility Partners Segments 3 LLC			53.7%			276			1
NTE Mobility Partners Segments 3 LLC			P			NTE Mobility Partners Segments 3 Holding LLC			100.0%			436			1
NETHERLANDS (Registered Office: Amsterdam)
Cintra Infrastructures SE						Ferrovial SE			100.0%			3,021			1

Cintra Global SE						Ferrovial SE			100.0%			3,242			1
407 Toronto Highway B.V.						Cintra Global SE			100.0%			2,664			2
Cintra INR Investments B.V.						Cintra Global SE			100.0%			369			5
Cintra Projects B.V.						Cintra Global SE			100.0%			0
Cintra IM Investments B.V.						Cintra Global SE			100.0%			0			1
Cintra INVIT Investments B.V.						Cintra Global SE			100.0%			718
Cintra Development BV						Cintra Global SE			100.0%			0			1
INDIA (Registered Office: Mumbai)
Ciinfra India Private Limited*						Cintra INR Investments BV			99.99%			0			1
PORTUGAL (Registered Office: Lisbon)
Vialivre, S.A.			P			Cintra Infrastructures SE			84.0%			0			1
UNITED KINGDOM (Registered Office: London)
Cintra Silvertown Ltd						Cintra Infrastructures UK Ltd			100.0%			1			1
UNITED KINGDOM (Registered Office: Oxford)
Cintra Infrastructures UK Ltd						Cintra Global SE			100.0%			42			1
Cintra Toowoomba Ltd						Cintra Infrastructures UK Ltd			100.0%			0
Cintra Slovakia Ltd						Cintra Global SE			100.0%			1
Cintra OSARS Western Ltd						Cintra Infrastructures UK Ltd			100.0%			23			1
CHILE (Registered Office: Santiago de Chile)
Cintra Infraestructuras Chile, S.p.A						Cintra Global SE			100.0%			0
PERU (Registered Office: LIMA)
Cintra Infraestructuras Perú, S.A.C*						Cintra Infrastructures SE			99.9%			0
DIGITAL INFRASTRUCTURES
SPAIN (Registered Office: Madrid)
Ferrovial MAD 01, S.A.						Ferrovial SE			100.0%			91
AIRPORTS
SPAIN (Registered Office: Madrid)
Ferrovial Aeropuertos España, S.A. (a)						Ferrovial SE			100.0%			28
UNITED STATES (Registered Office: Austin)
Ferrovial Airports Holding US Corp						Ferrovial Holding US Corp			100.0%			799
UNITED STATES (Registered Office: Denver)
Ferrovial Airports O&M Services LLC						Ferrovial Airports Holding US Corp			100.0%			0
Ferrovial Airports US Terminal One LLC.						Ferrovial Airports Holding US Corp			100.0%			734
UNITED STATES (Registered Office: New York)
MARS NTO LLC.						Ferrovial Airports US Terminal One LLC.			96.1%			742
Ferrovial Airports CHS MSA LLC						Ferrovial Airports Holding US Corp			100.0%			0
NETHERLANDS (Registered Office: Amsterdam)
Hubco Netherlands B.V.						Ferrovial Airports International, SE			100.0%			807
FERROVIAL AIRPORTS FMM BV						Ferrovial Airports International, SE			100.0%			5
Ferrovial Airports Turkey B.V.						Ferrovial Airports International, SE			100.0%			152
UNITED KINGDOM (Registered Office: Oxford)
Faero UK Holding Limited			P			Hubco Netherlands B.V.			100.0%			255			1
Ferrovial Airports International, SE						Ferrovial SE			100.0%			1,372			1
TURKEY (Registered Office: Ankara)
YDA HAVALIMANI YATIRIM VE (Dalaman)			P			Ferrovial Airports Turkey B.V.			60.0%			145			1
ENERGY
SPAIN (Registered Office: Madrid)
Ferrovial Transco España , S.A.U. (a)			P			Ferrovial Transco International, B.V.			100.0%			14
Ferrovial Infraestructuras Energéticas, S.A.U. (a)						Ferrovial SE			100.0%			21
Parque Solar Casilla, S.L.U. (a)			P			Ferrovial Infraestructuras Energéticas, S.A.U. (a)			100.0%			9			1
Ferrovial Mobility, S.L. (a)						Ferrovial SE			100.0%			15
Cea Infraestructuras Energéticas (a)			P			Ferrovial Infraestructuras Energéticas, S.A.U. (a)			100.0%			0
Jucar Infraestructuras Energéticas (a)			P			Ferrovial Infraestructuras Energéticas, S.A.U. (a)			100.0%			0
Pisuerga Infraestructuras Energéticas, S.A.U. (a)			P			Ferrovial Infraestructuras Energéticas, S.A.U. (a)			100.0%			0
Ferrovial Growth VI, S.L. (a)						Ferrovial Infraestructuras Energéticas, S.A.U. (a)			100.0%			10
Roland Servicios Empresariales, S.L.U.						Ferrovial Mobility, S.L. (a)			100.0%			15
Ferrovial 004, S.A. (a)						Ferrovial SE			100.0%			17
Siemsa Control y Sistemas S.A.U. (a)						Ferrovial Energía S.A. (a)			100.0%			1			1
Ferrovial Energía S.A. (a)						Ferrovial Construcción, S.A. (a)			100.0%			16			1
CHILE (Registered Office: Santiago)
Ferrovial Power Infrastructure Chile, SpA						Ferrovial Transco International, B.V.			100.0%			65			1
Ferrovial Transco Chile II SpA			P			Ferrovial Power Infraestructure Chile, SpA			100.0%			0

Transchile Charrúa Transmisión, S.A.*			P			Ferrovial Power Infraestructure Chile, SpA			99.9%			0			1
Ferrovial Transco Chile III SPA			P			Ferrovial Transco International, B.V.			100.0%			0
Ferrovial Transco Chile IV SpA			P			Ferrovial Power Infraestructure Chile, SpA			100.0%			0
Centella Transmisión, S.A.*			P			Ferrovial Power Infrastructure Chile, SpA			99.99%			50			1
Centella Transmisión II, S.A.			P			Ferrovial Power Infrastructure Chile, SpA			50.1%			0			1
						Ferrovial Transco Chile III SPA			49.9%			0			1
Alto Huemul Transmisión SPA			P			Ferrovial Power Infrastructure Chile, SpA			100.0%			0
Alto Huemul II SPA			P			Ferrovial Power Infrastructure Chile, SpA			100.0%			0
UNITED STATES (Registered Office: Austin)
Ferrovial Mobility U.S., LLC						Ferrovial Holding US Corp			100.0%			1
Ferrovial Energy US, LLC						Ferrovial Holding US Corp			100.0%			13
Ferrovial Energy US 1, LLC						Ferrovial Energy US, LLC			100.0%			0
Misae Solar IV			P			Ferrovial Energy US, LLC			100.0%			66
NETHERLANDS (Registered Office: Amsterdam)
Ferrovial EG SE						Ferrovial SE			100.0%			76			2
Thalia Waste Treatment B.V.						Ferrovial SE			100.0%			1
Ferrovial Transco International B.V.						Ferrovial SE			100.0%			89
Ferrovial Services Netherlands B.V.						Ferrovial SE			100.0%			26			1
UNITED KINGDOM (Registered Office: London)
Thalia Waste Management Limited						Thalia Waste Treatment BV			50.0%			0			1
Thalia MK ODC Limited						Thalia Waste Management Limited			100.0%			0			1
Thalia AWRP ODC Limited						Thalia Waste Management Limited			100.0%			0			1
Thalia WB HoldCo Limited						Thalia Waste Management Limited			100.0%			0			1
Thalia WB ODC Limited						Thalia WB HoldCo Limited			100.0%			0			1
Thalia WB Services Limited						Thalia WB ODC Limited			100.0%			0			1
Thalia WB SPV Limited			P			Thalia WB Services Limited			100.0%			0			1
Thalia IOW SPV Limited						Thalia Waste Management Limited			100.0%			0			1
Thalia Services Limited						Thalia Waste Management Limited			100.0%			0			1
Thalia MK HoldCo Limited			P			Thalia Waste Management Limited			100.0%			0			1
Thalia MK SPV Limited						Thalia MK HoldCo Limited			100.0%			0			1
Thalia Ventures Limited						Thalia Holdco Ltd			100.0%			0			1
Thalia IOW ODC Ltd						Thalia Waste Management Limited			100.0%			0			1
Thalia Holdco Ltd						Thalia Waste Treatment BV			100.0%			0			1
CHILE (Registered Office: Antofagasta)
Berliam S.p.A.*						Veltis, SpA			65.1%			0			1
						Inversiones Chile Ltda			34.9%			0			1
CHILE (Registered Office: Los Andes)
Steel Ingenieria, S.A.*						Veltis, Sp.a			99.99%			31			1
Veltis, S.p.A						Ferrovial EG SE			100.0%			0			1
CHILE (Registered Office: Santiago)
Walvis, S.A.*						Berliam S.p.A.			99.7%			0			2
Inversiones (Chile) Holdings Limitada*						Veltis, Sp.a			99.99%			3			1
Inversiones (Chile) Limitada*						Inversiones (Chile) Holding Limitada			99.99%			0
Veltis Servicios, SpA						Veltis, S.p.A			100.0%			0
POLAND (Registered Office: Warsaw)
BXF Energía Sp. z.o.o.						Budimex, S.A.			51.0%			7
						Ferrovial EG SE			49.0%			7
Azalia, Sp.z.o.o.			P			BXF Energía SP ZOO			100.0%			8
AUSTRALIA (Registered Office: Sydney)
Ferrovial Energy PTY LTD						Ferrovial EG SE			100.0%			0

Auditor Key:

Auditors: (1) Ernst & Young, S.L., Madrid, Spain, Auditor Firm ID 1461; (2) Deloitte; (3) BDO; (4) PWC; (5) KPMG; (6) Vir Audit; (7) Elayouty

(a) Form part of the tax scope of Ferrovial SE and subsidiaries.

(*) The remaining percentage to complete the 100% Ownership in the company belongs to minority shareholders of the Ferrovial Group.

(**) In Members Voluntary Liquidation

(P) Project Company

(Net Cost Ownership: Net Cost of the parent company over subsidiary)

X

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- Definition

The disclosure of subsidiaries. [Refer: Total for all subsidiaries [member]]

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