August 14, 2022

OsoyoosToday

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CAF enters Canada with $ 300 million deal | Companies

CAF has entered the city of Calgary in Canada with a $ 300 million contract. The Beasain Group (Gipuzkoa) will provide 28 trains for the future Green Line, which will have 29 new stations.

In addition to supplying LRV model units, the order also includes the supply of parts, specialized equipment and test equipment. And most importantly, maintenance services are the most profitable in the railway sector.

The plan with Calgary also includes the option of extending the contract with 24 more trains and extending maintenance work for several more years. The total amount mentioned above is 300 million.

With a population of over one million, Calgary will invest $ 3.4 billion to improve its rail infrastructure and turn the Greenway into a star project. The city is funded by the Government of Canada and the State of Alberta.

CAF trains have a capacity of 288 passengers, of which 73 can be seated. One in Canada, the group is one of 40 projects being implemented worldwide.

On the other hand, Basque Corporation has signed a green guarantee with Société Générale for $ 107.9 million. In particular, to provide 28 trains for the Paris-Toulouse and Paris-Clermont-Ferrand routes. The plan also includes the option of a further 75 units. They are 100% electricity and will be in service in 2024.

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