Transurban (ASX:TCL) finalises sale of US toll road assets

Company News

by Melissa Darmawan

Transurban (ASX:TCL) has closed the sale of its 50 per cent interest in its Transurban Chesapeake assets to AustralianSuper, Canada Pension Plan Investment Board and UniSuper.

The partnership deal is valued at $2.8 billion.

Transurban Chesapeake comprises of the US Greater Washington Area toll roads, as well as projects in Virginia.

Shares in Transurban (ASX:TCL) are trading 2.1 per cent lower at $13.04