Spain's Renfe picks Siemens for $1.36 billion high-speed train order

Siemens AG

27/10/2026 15:56

MUNICH, Oct 27 (Reuters) - Spanish state-owned railway operator Renfe said on Tuesday it selected Siemens as the preferred supplier of 30 high-speed trains.
Renfe put the value of the contract including maintenance at €1.22 billion ($1.36 billion)
The rail company has the option to order 10 more trains
The first five "Velaro Novo" trains, which are based on the ICE 3 train generation, are due to be delivered within three years and four months, with the last batch due in five years and two months.

 (Reporting by Alexander Huebner
Writing by Ludwig Burger
Editing by Linda Pasquini)
 ((ludwig.burger@thomsonreuters.com))