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CAF Wins €400M Metro Madrid Train Contract

CAF Wins €400M Metro Madrid Train Contract

Construcciones y Auxiliar de Ferrocarriles (ES:CAF) has released an update.

Confident Investing Starts Here:

Construcciones y Auxiliar de Ferrocarriles (CAF) has secured a significant contract with Metro Madrid for 400 million euros to provide 40 new trains aimed at renewing and expanding Madrid’s metro fleet. These wide-gauge, single-voltage trains will serve lines 6 and 8, with a focus on high capacity and energy efficiency, supported by European Investment Bank loans. The deal also includes a life cycle optimization program, reinforcing a long-standing partnership between CAF and Metro Madrid.

For further insights into ES:CAF stock, check out TipRanks’ Stock Analysis page.

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