Northern Virginia Toll Operator Transurban To Sell Half Of Its U.S. Toll Roads

(DC)- Toll road operator Transurban is selling half of its American toll roads. The Australian company’s roadways are all in Northern Virginia and they say bringing in three investment partners will help boost its finances and put it in a place to pursue new projects. The company currently operates more than 50 miles of express lanes on I-95 and I-395 as well as the Capital Beltway. It is expanding Virginia’s express toll lanes on 95 south to Fredericksburg and north on the Beltway to the Maryland state line.