Renta 4 | Talgo (TLGO) has informed the National Securities Market Commission (CNMV) that it has been awarded a contract in Sweden for the supply of 10 locomotives, 9 daytime trainsets and 11 night-time trainsets, as well as their maintenance for 10 years. Under the terms of this contract, the client has the option to extend the initial order by requesting the supply of 9 additional locomotives, 7 additional daytime…
Renta 4 | Talgo (TLGO) has been awarded a contract in Sweden to supply 10 locomotives and 91 passenger carriages worth €485 million, according to press reports. The trains are due to enter service from 2030 and the locomotives could be supplied by Siemens. Assessment: Positive news. The award raises the order book to historic levels of over €6 billion, with the contract value representing around 10% of Talgo’s order…
Alphavalue / Divacons | José Antonio Jainaga, president of Sidenor, Mirai and Talgo, announced significant industrial investments in the railway manufacturer until the end of 2027, along with the creation of 200 new jobs this year at the Rivabellosa plant (Álava), highlighting the project as a benchmark for public-private collaboration in the Basque Country. At the forum promoted by Fundación Vital in Vitoria, Jainaga also acknowledged that the company faces…
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…
Alphavalue/Divacons | The railway company has agreed to renew its promissory note issuance programme on the Alternative Fixed Income Market (MARF) for the 2026 financial year. According to information submitted to the Spanish National Securities Market Commission (CNMV), the railway company maintains a maximum outstanding balance of €150 million for this programme.
Renta 4 | Talgo has informed the CNMV (Spanish National Securities Market Commission) that it has been awarded a contract by the Saudi Arabian government for the manufacture and maintenance of 20 new high-speed trains for the Haramain High-Speed Railway project. The new contract is worth €1.332 billion, bringing Talgo’s order book to a record figure of approximately €6 billion. The 20 new units will be produced with the same…
Alphavalue/Divacons | On Thursday, the Spanish railway company notified the Spanish National Securities Market Commission (CNMV) of the completion of its capital increase, fully subscribed by SEPI (State Industrial Holdings Company). The transaction, which was registered in the Commercial Register on 2 January, consisted of a cash contribution with the exclusion of pre-emptive subscription rights for a nominal amount of €3,187,058.73.
Alphavalue / Divacons | The Spanish railway company has signed an €80 million, ten-year maintenance contract for the high-speed fleet in Uzbekistan, which includes six Talgo 250 trains operated by the public railway company UTY. This is Talgo’s largest maintenance contract in the country, where it has been present since 2009, and reinforces the consolidation of its high-speed technology in Central Asia. Talgo shares rose 6.43% on Friday. The Talgo…
Renta 4 | Talgo has informed the CNMV (Spanish Securities Market Commission) that today it has executed the sale agreement whereby Trilantic, through its vehicle Pegasus International, has transferred its 29.76327% stake in Talgo to the Basque consortium formed by Clerbil, S.L., Finkatze Kapitala Finkatuz, S.A., Fundación Bancaria BBK and Fundación Bancaria Vital – Vital Banku Fundazioa. In addition, the following changes have been made to the composition of the…
Alphavalue / Divacons | Last Friday, the railway company held an Extraordinary General Meeting at which its shareholders approved all the proposals presented by the Board of Directors. These approvals were essential to allow SEPI and the Basque Government to enter the shareholding structure. Firstly, Talgo’s shareholders approved a capital increase of €3.187 billion nominal value through the issue of 10.58 million new ordinary shares, excluding preferential subscription rights. They…