Renfe Picks Siemens for 1.36B High-Speed Train Order

Spanish railway operator Renfe has chosen Siemens as the preferred supplier for thirty high-speed trains. The contract and maintenance agreement totals 1.36 billion dollars.

Insights:
The logo of Siemens is pictured at Global Industrie exhibition in Villepinte near Paris, France, March 26, 2024. REUTERS/Benoit Tessier

Spain state-owned railway operator Renfe selected Siemens as the preferred supplier for 30 high-speed trains in a deal valued at $1.36B. The agreement includes comprehensive maintenance services and an option for 10 additional rail units. The rolling stock upgrade positions the manufacturer to expand its high-speed footprint across southern Europe.