CAF participates in tender for largest train order in UK history

CAF factory

Link Securities | CAF is among the major international manufacturers invited by Northern Trains, the UK’s second largest rail operator, to participate in the supply and maintenance of more than 450 new public service train units, the largest order in the UK’s history, valued at around €9 billion, Expansión reports today. The British company wants to make the purchases in different phases, although a third of the fleet must be in service by 2030 to replace its current fleet. In addition to CAF, other bidders include Alstom (ALO-FR), Siemens (SIE- DE), Stadler (SRAIL-CHF) and Hitachi. The contract is expected to be awarded to the winners in 2026, the British company said in a statement.

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.