Historically, the Pennsylvania Turnpike is credited with being the
first stoplight-free
Recent talks of funding shortfalls and profit studies, particularly on an unfinished 100-mile stretch of the Mon-Fayette Expressway, could mean at least part of the turnpike is headed for privatization.
The Pennsylvania Turnpike Commission has OK’d a study by Australian toll operator and banking conglomerate Macquarie Group of Sydney, on whether the road could be profitable, commission officials told local media.
Macquarie is funding the study on its own dime as
Gov. Ed Rendell’s administration has talked with private investors before, according to The Associated Press, on topics that include the possible lease of the turnpike.
Macquarie is a principal in several privatization deals for
Partnered with Cintra from
Macquarie, in a recent move to appease shareholders, put a portion of
its
Any possible future deals in