Sulayman BowlesIndependent research / Texas
← Texas Infrastructure Ownership Atlas

Selected toll-road research / reviewed 2026-10-22

SH 130 Segments 5 & 6

The 2017 restructuring changed financial claims while the concession continued.

Explore on map ↗

Ownership & control

01 / Public title & project rights

The asset and the business are different claims.

State holds roadway and right-of-way title. SH 130 Concession Company operates the southern concession.

Scope of this record

Mustang Ridge / SH 45SE to I-10 near Seguin; separate from CTTS Segments 1–4.

legal titleState of Texas / TxDOT

Public highway title retained by Texas

Snapshot 2026-10-22Executed facility agreement; project title and handback provisions ↗
concessionSH 130 Concession Company, LLC

Finite concession and toll-revenue rights

Snapshot 2026-10-22Executed agreement and amendments; termination year separately sourced ↗
operatorSH 130 Concession Company, LLC

Operation and maintenance under concession

Snapshot 2026-10-22Executed agreement ↗
public contract controlTexas Transportation Commission

Public agreement oversight; pricing and enforcement are contract-specific

Snapshot 2026-10-22CDA / facility agreement ↗
equity controlStrategic Value Partners-managed investors→ SH 130 Concession Company, LLC

Majority interest reported by concession company; exact current percentage unverified

Snapshot 2026-10-22 · Effective from 2017Ownership FAQ ↗
equity interestU.S. Department of Transportation / federal interest→ SH 130 Concession Company, LLC

Minority federal equity interest; exact current percentage unverified

Snapshot 2026-10-22 · Effective from 2017Ownership FAQ ↗
billingHarris County Toll Road Enterprise Fund / HCTRA

Billing and payment processor

Snapshot 2026-10-22Customer advisory and FAQ ↗

Financial record

USDOT reports subordinated debt and equity received in 2017. Current total project debt and exact current equity percentages remain unverified.

No verified entity financial series in this release. Missing debt and revenue are not zero.

Public audited carrying values and rounded sponsor-reported project debt use different definitions. No statewide total, leverage ranking or return estimate is calculated.

Historical changes

The reported concession termination year is 2062. The Atlas records year precision; it does not invent a day or month.

Table 4, PDF p7 · termination year ↗
  1. Chapter 11 filing

    The concession company entered reorganization. This was not a bankruptcy of the State of Texas.

    U.S. DOT Build America Bureau: SH 130 Segments 5 and 6 ↗
  2. Reorganization effective

    USDOT received subordinated debt and equity; concession operation continued.

    U.S. DOT Build America Bureau: SH 130 Segments 5 and 6 ↗

HISTORICAL · U.S. Department of Transportation / federal interest
Subordinated debt and equity received in reorganizationFinancial Status ↗

Evidence for this profile (4 records)
  1. TxDOT SH 130 executed agreements ↗

    Facility concession agreement and amendments

    Reviewed 2026-10-22 · Primary source reviewed
  2. SH 130 Concession Company: company history and ownership FAQ ↗

    Ownership and Financial Restructuring; titleholder FAQ. Sponsor statement; exact current equity percentages are not supplied.

    Reviewed 2026-10-22 · Primary source reviewed
  3. U.S. DOT Build America Bureau: SH 130 Segments 5 and 6 ↗

    Financial Status: plan effective June 28, 2017; USDOT received subordinated debt and equity. Original financing is historical.

    Reviewed 2026-10-22 · Primary source reviewed
  4. TxDOT FY2025 HB 803 toll-project report ↗

    Reviewed 2026-10-22 · Original PDF retrieved and checked in this release

Geography: Region anchor is an editorial locator. It is not a facility coordinate, alignment or asset boundary. Reviewed 2026-10-22. Source dates and financial periods are stated separately.