Tuesday, September 1, 2015

Who'll buy the PA Turnpike?

Gov. Rendell won't say, but WSJ named two Spanish companies with private-highway expertience, Albertis and Cintra, the last in partnership with Australia's Macquarie.

Who'll buy the PA Turnpike?

0 comments

  Gov. Rendell won't say, but WSJ named two Spanish companies with broad private-highway expertise, Albertis and Cintra, the last in partnership with Australia's Macquarie. Story here
  Spain's El Economista newspaper says the road should fetch an estimated 22 billion euros, or $34 billion U.S. Rendell held the auction after lawmakers resisted his plan to raise tolls to pay for almost $1 billion in yearly road improvements. 
  Earlier, Bloomberg said Economista newspaper questioned whether Spanish companies can raise the needed funds. Story here.

0 comments
We encourage respectful comments but reserve the right to delete anything that doesn't contribute to an engaging dialogue.
Help us moderate this thread by flagging comments that violate our guidelines.

Comment policy:

Philly.com comments are intended to be civil, friendly conversations. Please treat other participants with respect and in a way that you would want to be treated. You are responsible for what you say. And please, stay on topic. If you see an objectionable post, please report it to us using the "Report Abuse" option.

Please note that comments are monitored by Philly.com staff. We reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable. Personal attacks, especially on other participants, are not permitted. We reserve the right to permanently block any user who violates these terms and conditions.

Additionally comments that are long, have multiple paragraph breaks, include code, or include hyperlinks may not be posted.

Read 0 comments
 
comments powered by Disqus
About this blog

Joseph N. DiStefano
Also on Philly.com:
letter icon Newsletter