Plans to sell M6 toll road fail

Plans to sell the UK’s M6 toll road have failed, according to a report by the Financial Times. The road’s banker owners announced plans to sell the road in February 2016 and are now said to be considering refinancing the business after struggling to secure a US$2.3 billion (£1.9 billion) sale price. Opened in 2003 and operated by Midland Expressway, a subsidiary of Macquarie, the toll road was designed carry 72m000 vehicles a day, but has failed to live up to expectations, with an average of around 4
February 13, 2017 Read time: 1 min
Plans to sell the UK’s M6 toll road have failed, according to a report by the Financial Times.

The road’s banker owners announced plans to sell the road in February 2016 and are now said to be considering refinancing the business after struggling to secure a US$2.3 billion (£1.9 billion) sale price.

Opened in 2003 and operated by Midland Expressway, a subsidiary of 802 Macquarie, the toll road was designed carry 72m000 vehicles a day, but has failed to live up to expectations, with an average of around 48,000 vehicle using the road.
Charging, Tolling & RUC

Related Content

  • April 30, 2015
    The UK’s busiest crossing adopts free flow charging
    Colin Sowman looks at the transition to free-flow charging on the Dartford Crossing, a notorious congestion blackspot on the UK motorway network. The Dartford Crossing, where London’s orbital M25 motorway crosses the lower reaches of the River Thames 32km (20 miles) to the east of Central London, has long been a major source of congestion. Now, to alleviate the congestion caused by some 50 million crossings per year, the Highways Agency has adopted a free-flow charging system - but the Crossing’s location a
    Read More
  • August 4, 2014
    A431 temporary toll road opens
    A temporary toll road linking Kelston with Bath in Somerset, UK, has opened. Local businessman Mike Watts set up Kelston toll Road Limited to build the 400 metre road, enabling traffic to negotiate the A431 Kelston Road, which has been closed since February because of a landslide. It has cost Kelston Toll Road £150,000 to build the road and Mr Watts estimates it will cost another £150,000 to run the toll road for five months. He plans to charge motorists £2 each way to use the road, which will need to attra
    Read More
  • August 5, 2013
    Travel times halve for tolling converts
    The Port Mann Bridge in Vancouver is a prime example of how the latest ITS systems enable new infrastructures to be built and paid for while still providing additional user benefits. Vancouver has 2.2 million inhabitants and, like so many major cities, is divided into two by a river, the Frazer river. This combination makes Vancouver the second most congested city in North America and the most congested in Canada. Through the middle of the city runs the Trans-Canadian Highway 1 which crosses the Frazer Riv
    Read More
  • February 2, 2012
    Transition to all electronic tolling leads to cost savings
    How a temporary congestion-relief solution resulted in the North Texas Tollway Authority's transition to all-electronic toll collection and potential savings of up to $472 million by 2045. By Carla Kienast, ETC Corporation
    Read More

Highlighted Content