Toll roads giant Transurban can smell a rare piece of fresh meat.
Having conquered Queensland and NSW, hit a roadblock in its home state of Victoria, and expanded to North America, Transurban is going all-in on New Zealand.
New Zealand is flirting with setting up and selling toll road concessions, and big friendly giant Transurban is keen to make the short leap across the ditch.
But how do we know it is going all-in? Transurban has locked up the country’s biggest, most important, most sophisticated and most influential investor, NZ Super – the $80 billion-odd sovereign wealth fund – to be part of its consortium should the Kiwis’ market soundings progress to an actual sale.
Source: https://www.afr.com/chanticleer/transurban-s-secret-weapon-for-nz-toll-roads-talks-20250923-p5mx7s