Quote:
Originally Posted by Canada 02
An additional $550M could give them an additional 11% stake in the $5B project. The toll bridge could be a cash cow for the Canadian Government. Hope they negotiate favourable loan terms
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Toll projects are always risky in terms of revenue generation, but when they work they pay out pretty impressively. Macquarie has seen the best and worst with their toll roads, it's an interesting sector that I was surprised to learn is dominated by private interests.