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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Transurban Group | ASX:TCL | Australian Stock Exchange | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.15 | -1.18% | 12.53 | 12.50 | 12.60 | 12.65 | 12.50 | 12.62 | 7,537,269 | 09:50:00 |
From Jun 2019 to Jun 2024
By Inti Landauro
PARIS--Australian toll road operator Transurban (TCL.AU) has picked a group formed by French construction firm Bouygues SA (EN.FR) and Lend Lease (LLC.AU) to build a twin motorway tunnel that will require an investment of A$2.65 billion ($1.7 billion).
Transurban said the joint venture between Bouygues and Lend Lease was selected as preferred contractor for the project, in a statement on its website. The contract still needs planning approval, the company said.
The project, dubbed NorthConnex, will be a 9-kilometer tunnel outside Syndey, the country's largest city, linking two of its main highways.
Transurban picked the Bouygues group after a competitive bidding process that attracted several bidders, the company said.
A Bouygues official confirmed the Transurban decision.
Write to Inti Landauro at inti.landauro@wsj.com
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