CPP Investments Buys a Stake in Virginia Express Lane Toll Roads

Posted on 12/17/2020

Canada Pension Plan Investment Board (CPP Investments) is investing US$ 624 million for a 15% stake in the Transurban Chesapeake, a toll-road located in the Washington, D.C. area, from Australia’s Transurban Limited. The toll road entity operates Virginia’s 495, 95, and 395 Express Lanes. The transaction is expected to be completed by the end of […]

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