Alstom, Siemens and CAF prepare to bid for Spanish high-speed train extension

tren alta velocidad

Link Securities| Alstom, Siemens and CAF (CAF) are preparing to bid for the extension of the Spanish high-speed train (AVE) network, according to Expansión newspaper.

The newspaper points out that on this occasion it will be key to have trains with variable gauge (they will have to be able to run on UIC and Iberian track) to reach, for example, from Madrid to the main destinations in Galicia and Asturias.

About the Author

The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.