Texas Tribune

A private company that operates part of the Texas toll road with the highest speed limit in the country filed for bankruptcy Wednesday, fewer than three years after the section of the road it oversees first opened.

The SH 130 Concession Company, a partnership between Spain-based Cintra and San Antonio-based Zachry American Infrastructure, opened the 41-mile-long southern portion of the State Highway 130 toll road, from north of Mustang Ridge to Seguin, in October 2012 to much fanfare. In addition to the record 85 mile-per-hour speed limit, the company signed an unprecedented deal with the state to build and operate its section of the road for 50 years in exchange for a portion of the toll revenue.

Ooops. Thanks, Rick Perry- from 2009

Looks like North Carolina is a little concerned.

 Spain-based Cintra, which joined in partnership with San Antonio-based Zachry American Infrastructure to build the 41-mile southern portion of SH 130 from north of Mustang Ridge to Seguin, is also signed on to oversee construction of a privately operated toll lane on North Carolina’s Interstate 77, according to the Charlotte Observer.