NEW YORK CITY, New York: Spanish infrastructure group Ferrovial is set to deepen its footprint in U.S. capital markets, becoming the first company from Spain's benchmark IBEX 35 index to join the Nasdaq-100.

Ferrovial will be added to the Nasdaq-100 index on December 22, according to a Reuters calculation, marking a significant milestone for the construction and infrastructure firm. The move comes about 18 months after Ferrovial made its U.S. stock market debut in May 2024.

The Nasdaq-100 index tracks the 100 largest non-financial companies listed on the Nasdaq stock exchange by market capitalisation. While it is best known for its heavy weighting toward technology and innovation-driven firms, the index also includes companies from a range of other sectors.

"This milestone enhances our visibility with U.S. and global investors, broadens our shareholder base, and reflects market confidence in our ability to develop high-value projects that drive economic growth and help the communities where we operate thrive," Chief Executive Ignacio Madridejos said.

Ferrovial has steadily expanded its North American operations over the past two decades. The company is a major player in managing express lanes across several U.S. states and in Ontario, Canada, and has positioned the region as a core pillar of its long-term strategy.

In the United States, Ferrovial is also involved in the construction of the New Terminal One at New York City's John F. Kennedy International Airport, one of the largest airport redevelopment projects currently underway in the country.

The addition to the Nasdaq-100 underscores Ferrovial's growing profile among U.S. and international investors and reflects its increasingly global orientation, even as it remains a constituent of Spain's blue-chip IBEX 35 index.