Skanska sells 50% stake in I-4 Ultimate project for USD 75 million
- Skanska sold its 50% stake in I-4 Mobility Partners, owner-operator of I-4 Ultimate highway project in Orlando, for about USD 75 million.
- Buyer John Laing acquired Skanska’s full interest in the holding company for the public-private partnership with Florida Department of Transportation.
- Transaction closed with required approvals, with Skanska to book it under Central in Q2 2026.
- I-4 Ultimate reached substantial completion in February 2022, with Skanska-led joint venture delivering the build.
- Skanska’s subordinated loan of USD 43 million tied to the project was repaid in 2023.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Skanska AB published the original content used to generate this news brief via Cision (Ref. ID: 202604020130BITN____UKPR__SV_20260402-BIT-4265-0) on April 02, 2026, and is solely responsible for the information contained therein.
