Eastern Distributor (M1)

The Eastern Distributor (M1) is a six-kilometre toll road forming a key link in Sydney’s orbital road network. 
The road links North Sydney via the Sydney Harbour Tunnel and Sydney Harbour Bridge, and Sydney’s CBD with Sydney Airport and the city’s southern suburbs. 

Eastern Distributor M1 2.jpg
Sector Transportation
Asset type Toll Roads
Major asset locations Australia
Initial IFM Investment December 2000
Asset location (city) Sydney, Australia
Ownership stake* 14.4%
Website https://www.linkt.com.au/using-toll-roads/about-sydney-toll-roads/eastern-distributor/sydney

*As at 31 Mar 2024

Asset priorities

The M1 includes a 1.7-kilometre tunnel and enables motorists to bypass 19 sets of traffic lights. Tolls are fully electronic and are only charged for northbound traffic. The M1 benefits from a 48-year concession to 2048. 
In April 2020, management entered into a renewable PPA, which will remain in effect until December 2030 and is expected to enable a substantial reduction in the asset’s emissions.^ This PPA is part of Transurban's broader agreement that includes other NSW toll roads. The PPA is supported by two wind farms and the initiative is in line with IFM’s net zero commitments.  

^ Forecasts are based on reasonable assumptions and are provided for informational purposes as of the date of this material. Such forecasts are not a reliable indicator of future performance and are not guaranteed to occur. Please see our Disclaimer for more information.