Atlas Arteria Faces Toll Hike Rejection

Atlas Arteria (AU:ALX) has released an update.

Atlas Arteria (ASX:ALX), a global toll road owner and operator, has been denied a proposed toll increase for the Dulles Greenway by the Virginia State Corporation Commission. The company had sought to raise peak and off-peak toll rates by 39.7% and 21.9% respectively, but is now considering its options following the decision. Information regarding the case and Atlas Arteria’s portfolio, including their interests in toll roads across France, the US, and Germany, can be found on their website.

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