Pennsylvania Turnpike Lease Proposal
Sector: Road • Location: Pennsylvania, United States
Source: Reuters
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
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Project Information
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 |
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