logo

Pennsylvania Turnpike Lease Proposal

Sector: Road • Location: Pennsylvania, United States

Source: Reuters

Project
Cancelled

The Pennsylvania Governor Ed Rendell's bid to lease the state Turnpike for $12.8 billion to an Abertis-Citigroup team ended when the companies let their offer lapse. The proposal faced opposition in the legislature and from voters, but there are hopes to revisit the project next year if legislation is enacted to allow the lease.

Status
Closed
Sector
Road, Government
Location
Pennsylvania, United States of America
Updated
22 Jul 2026
Source
Reuters

ConstructChat

Ask ConstructChat about Pennsylvania Turnpike Lease Proposal

Pick a question to edit it, or write your own.

First answer free · no account

I am a

Project Information FAQ

Project Information

5 Q
The project “Pennsylvania Turnpike Lease Proposal” is an infrastructure initiative in the Road sector, located in Pennsylvania, United States. Taiyo aggregates data on it from Reuters.

Participants

Sponsoring Agency

Status

Original status

Cancelled

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Pennsylvania Governor Ed Rendell's bid to lease the state Turnpike for $12.8 billion to an Abertis-Citigroup team ended when the companies let their offer lapse. The proposal faced opposition in the legislature and from voters, but there are hopes to revisit the project next year if legislation is enacted to allow the lease.

Original sector

Transportation

Budget

Location

Country

United States of America (USA)

State

Pennsylvania

Source

Source

Reuters

URL

More Details

Record type

Project

Sector

Road, Government

Article published date

2025-03-20

More on this project

Research

Free account

View all details

You are reading the public part. A free account opens the rest:

  • Every detail on this project
  • News and media coverage
  • Technical research
View all details

Free account · no card · lands you back on this project