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Talgo negotiates financial terms for delivery and maintenance of 20 new high-speed trains for Saudi Arabia with Alstom

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Posted By: The Corner 20th February 2026

Link Securities | The train manufacturer, owned by SEPI and the Basque Government, must agree on the financial terms for delivery and maintenance with French powerhouse Alstom, after Saudi Arabia Railways exercised its option on 20 new trains identical to the original 2012 order, valued at €1.332 billion, which are an adaptation of the 112 series (Pato) that Talgo manufactured for Renfe with Bombardier technology, in the new AVE trains in Saudi Arabia.

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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.