Recent Streetsblog USA posts about Privatization

How Macquarie Makes Money By Losing Money on Toll Roads

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This is the second post in a three-part series about privately financed highways. Part one introduced the Indiana Toll Road privatization as an example of shoddily structured infrastructure deals. Part three looks at how faulty traffic projections lead bad projects to get built, and how the public ends up paying for those mistakes. Macquarie Group, the gigantic Australian […]

The Indiana Toll Road and the Dark Side of Privately Financed Highways

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This is the first post in a three-part series on the Indiana Toll Road and the use of private finance to build and maintain highways. Part two takes a closer look at how Australian firm Macquarie manages its infrastructure assets. Part three examines the incentives for consultants to exaggerate traffic projections, making terrible boondoggles look like financial […]