La Caisse has agreed to acquire Transurban’s remaining 50% interest in the A25 Concession for $280 million, increasing its ownership stake to 100% from 50% and becoming the sole owner of the Greater Montreal transportation asset.

The transaction follows La Caisse’s initial investment in 2023, when it acquired a 50% stake in the concession from Transurban. The A25 Concession consists of a 7.2-kilometre highway and toll bridge linking Montreal’s east end with communities on the North Shore and serves as a key component of the Greater Montreal transportation network.

“By becoming sole owner, La Caisse strengthens its position in a Québec asset it knows well, while gaining greater flexibility in its management,” said Emmanuel Jaclot, executive vice-president and head of infrastructure and sustainability at La Caisse. As one of only two public-private partnership toll roads in Québec, the A25 Concession plays an important role in mobility across Greater Montreal by connecting the east end of Montreal to fast-growing economic areas on the North Shore.”

Following the acquisition, Plenary Americas, a La Caisse portfolio company, will support the concession’s day-to-day operations. The company develops, manages and operates infrastructure assets across North America, with expertise in public-private partnership projects.

La Caisse said the ownership change will not affect A25 customers. Payment methods, customer service channels, the website and service centre will continue to operate as usual.

Pictured: A25 Concession toll road and bridge in Greater Montreal.

Photo: A25

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