CAF Consortium Gets 15-Year Australia Train Contract
14 Février 2019 - 9:21AM
Dow Jones News
By Nathan Allen
Construcciones & Auxiliar de Ferrocarriles SA (CAF.MC) said
Thursday that its Momentum Trains Consortium has signed a 15-year
contract to supply and maintain a regional train fleet for the
Australian state of New South Wales.
CAF said its share of the contract exceeds 500 million euros
($565.2 million) and comprises the supply of 29 diesel-electric
trains, two simulators and the construction of a maintenance
facility.
The first trains should enter operations in 2022, CAF said.
Momentum Trains also includes the DIF Infrastructure fund and
CIMIC Group Ltd.'s (CIM.AU) Pacific Partnerships subsidiary.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
February 14, 2019 03:06 ET (08:06 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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