AdministratorWho sold Qld motorways?
The business has been sold to a consortium of investors from Australia and the United Arab Emirates for $7.057 billion. The consortium consists of Transurban, Australian Super and Tawreed Investments Limited.
Who owns toll roads in Qld?
All toll roads in Brisbane are operated by Transurban Queensland. The Gateway and Logan motorways and AirportlinkM7 are operated under long term concession agreements with the state.
Who owns the Gateway Motorway?
Transurban Queensland
Transurban Queensland bought this road in 2014. It is 62.5 per cent Transurban owned and is under concession until 2051.
Is transurban owned by China?
Transurban Group is an Australia-based toll-road operator.
Who owns the Logan Motorway?
The road is operated and owned by Transurban Queensland. The state continued to own the road and bridge infrastructure. Electronic free-flow tolling was implemented in 2009. Tolls on the Logan Motorway were originally due to expire 30 years after opening, in 2018.
Who owns Legacy Way tunnel?
The M5 Legacy Way (formerly Northern Link Tunnel) is a 4.6 kilometres (2.9 mi) long tunnel linking the Western Freeway at Toowong and the Inner City Bypass at Kelvin Grove, Brisbane….Legacy Way.
| Overview | |
|---|---|
| Constructed | Transcity – $1.5 billion |
| Opened | 25 June 2015 |
| Owner | Brisbane City Council |
| Operator | Transurban |
Who is Linkt owned by?
Transurban
Linkt is Transurban’s e-TAG toll brand and can be used in all toll roads in Australia. In the United States, Transurban has ownership interests in the 495 Express Lanes on a section of the Capital Beltway around Washington, DC.
Who are the major shareholders of Transurban?
Transurban Group is not owned by hedge funds. UniSuper Management Pty Limited is currently the largest shareholder, with 12% of shares outstanding. BlackRock, Inc. is the second largest shareholder owning 7.1% of common stock, and The Vanguard Group, Inc. holds about 6.0% of the company stock.
Who owns toll roads in Australia?
Transurban operates all of Australia’s 21 toll roads, with the exception of the Sydney Harbour Bridge and Tunnel and Melbourne’s EastLink motorway.
Is the Clem7 underwater?
The Clem7, which runs up to 60 metres underground from the RNA Exbition Grounds at Bowen Hills to Ipswich Road at Woolloongabba, won’t officially open until early-to-mid-March.
Why is it called Legacy Way?
The tunnel was named to honour the men and women of the Australian Defence Force and their families. One cent from every toll collected is donated to the Legacy charity.
Is Linkt a government company?
Linkt is Transurban’s e-TAG tolling brand in Australia….Linkt.
| Type | Public |
|---|---|
| Parent | Transurban |
| Website | www.linkt.com.au |