News: Transurban Group to open 95 Express Lanes

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    Transurban Group (ASX:TCL) expects to open the 95 Express Lanes Project in America this weekend and start tolling by the end of this month. 
     
    The toll road owner and operator holds a 77.5 per cent interest in the asset which it reports is being delivered ahead of schedule and budget. 
     
    CEO Scott Charlton says the completion of the project is a significant development in the company’s network of managed lanes in Northern Virginia. 
     
    Mr Charlton advises 95 Express Lanes will alleviate pressure in a critical corridor and provide more reliable travel times.  
     
    Transurban Group reported a net profit of $252 million in the 2014 financial year.
 
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