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Alstom Signs Contracts With TransPennine Express For Supply, Maintenance Of Battery-electric Trains
Source: Nasdaq
Transportation & LogisticsRenewable Energy TransitionCompany Fundamentals
Alstom signed €1.2 billion of contracts with TransPennine Express to supply and provide long-term maintenance for a new battery-electric train fleet. The package includes a rolling-stock contract worth about €930 million for 29 trains, supporting Alstom's order backlog and exposure to rail electrification.
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