Company type | Public |
---|---|
ASX: TCL | |
Industry | Infrastructure and development |
Founded | 14 March 1996, Melbourne |
Headquarters | |
Area served | |
Key people | Michelle Jablko (CEO) |
Brands | Linkt (Australia) |
Number of employees | 672[1] |
Website | transurban |
Transurban is a road operator company that manages and develops urban toll road networks in Australia, Canada and the United States. It is listed on the Australian Securities Exchange (ASX), and is the world’s largest toll road operator.[2][3]
Transurban is the full owner of CityLink in Melbourne, which connects three of the city's major freeways. When Transurban was founded in March 1996, it was only limited to the operation of CityLink, under a 'single purpose' restriction. However, in September 2001, an agreement was reached with the Victoria State Government on a corporate restructure to allow Transurban to undertake other activities outside of CityLink and pursue new business.[4][5] Since then, Transurban has grown and currently has stakes in six tolled motorways in Sydney and six tolled motorways in Brisbane. Linkt is Transurban's e-TAG toll brand and can be used in all toll roads in Australia. In the United States, Transurban has ownership interests in the 495 Express Lanes on a section of the Capital Beltway around Washington, DC. It also has an interest in the connecting 95 Express Lanes project on Interstate 95. In Canada, Transurban holds an interest in the A25 Motorway.[6]
Transurban was included on the Dow Jones Sustainability Index (DJSI) World List from 2006 to 2010 and on the DJSI Asia Pacific List from 2011 to 2015.