ConnectEast
EastLink tollway Part of Ringwood Bypass | |
| Revenue | $350 million (2019) |
|---|---|
Number of employees | Approx 200 (2014) |
| Website | www.connecteast.com.au |
ConnectEast is an Australian company responsible for the finance, design, construction and operation of the
EastLink toll road in Melbourne
.
Previously listed in the
Thiess and John Holland and completed five months ahead of schedule with the tollway opening in June 2008.[2]
In late 2011, ConnectEast was sold to Horizon Roads (a consortium of eight investors:
Teachers Insurance and Annuity of the US and the Korean Teachers Credit Union[3]) for $2.2 billion and delisted from the ASX.[4][5][6]
ConnectEast's concession expires in 2043.[7]
References
- ^ "ConnectEast wins $2.5b freeway contract". ABC News. 14 October 2004. Retrieved 22 September 2016.
- ^ EastLink successfully opens to traffic ConnectEast 30 June 2004
- ^ Grant-Taylor, Tony (23 July 2011). "Toll road bid watched closely". The Courier-Mail. News Corp Australia. Retrieved 22 September 2016.
- ^ CP2 wins vote to acquire ConnectEast Australian Financial Review 27 September 2011
- ^ Wilson, Neil (27 September 2011). "ConnectEast takeover approved after close vote". Herald Sun. News Corp Australia. Retrieved 30 August 2014.
- ^ ConnectEast Group Removal from Official List Australian Securities Exchange 2 November 2011
- ^ Transurban Says It Wants to Buy Stake in Melbourne’s EastLink Bloomberg News 7 February 2023
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