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Challenging the Wisdom of the Trans Texas Corridor.
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Cintra-, Abertis-led groups bid for Pennsylvania toll road lease 05.12.08 Thomson Financial News MADRID - Groups led by Spanish toll-road operator Abertis Infraestructuras SA and Cintra Concesiones de Infraestructuras SA have submitted cash offers for a 75-year U.S. toll road concession, the Wall Street Journal reported. Abertis plus undisclosed financial partners lodged a bid for the Pennsylvania Turnpike lease, as did a partnership of Ferrovial-owned Cintra and Australia's Macquarie Infrastructure Group, the newspaper quoted unnamed sources as saying. Pennsylvania government advisors have estimated the value of the 500-mile highway at $12 billion to $18 billion, it added.
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This Page Last Updated: Monday May 12, 2008