Ferrovial appoints new energy & infra chief

Ferrovial has appointed Gonzalo Nieto as its new chief executive officer of its energy, infrastructure and mobility business.

Ferrovial has appointed Gonzalo Nieto as its new chief executive officer of its energy, infrastructure and mobility business.

Nieta has worked for the firm for over 17 years, including most recently as the managing director of its services arm, but has also worked at industry names such as Amey, Merrill Lynch and McKinsey.

The Spanish giant is in the midst of a major repositioning called Horizon 24, which looks to target sustainable infrastructure development around the world. As part of this plan, Ferrovial today announced it has sold its Spanish services arm, and it’s US, UK and Chilean services arms are currently up for sale.

Ignacio Madridejos, chief executive officer of Ferrovial said that Nieto’s “knowledge of the organization and its transformation process also make him the right person to take the helm at Services at this juncture”.

Also announced at the same time, Armando Zuluaga has been appointed as the firm's new head of energy infrastructure. He joins from Abengoa, where he served as chief executive of Bengoa-Algonquin Global Energy Services.

Earlier this week, Ferrovial appointed a new chief executive for its vertiports business, an aviation arm looking to establish the low carbon technology.