How Northrail Locomotive Deal Will Impact Alstom (ENXTPA:ALO) Investors

Alstom and Northrail signed a framework agreement for up to 100 Traxx Shunter locomotives, valued at up to €700 million. First deliveries are scheduled for late 2029. The firm order covers Germany, with options for France. Alstom will design and assemble the locomotives in France. Northrail is majority-owned by RIVE Private Investment.

Portugal's Comboios de Portugal (CP) has shortlisted Alstom and Talgo for a €504 million tender to supply and maintain 12 high-speed trains, with an option for 8 more. The contract, expected to be signed in Q1 2027, includes spare parts and is part of CP's fleet modernization. CP aims to start high-speed rail services as Portugal expands its network. CP's chairman highlighted the tender's importance for future mobility needs.

Alstom has secured a $90 million contract to maintain Panama's metro network as it expands. The deal involves the French multinational company providing services for the growing transit system in Panama.

VIA Rail Canada ordered 45 hybrid locomotives from Stadler and 313 passenger cars from Alstom. Alstom won't bid on Amtrak's fleet due to capacity constraints. Stadler's locomotives will be built in Spain, with peak power of 4 MW. Alstom's cars will take a decade to build, with 40% local content.

Alstom and Northrail signed a framework agreement for up to 100 Traxx Shunter locomotives, valued at EUR 700M. First deliveries are scheduled for late 2029. The initial order, worth EUR 100M, includes locomotives with electric and diesel propulsion, plus 10-year maintenance services. The locomotives will be designed and assembled in France, with potential expansions into France and extended maintenance periods.

Alstom and Northrail signed a framework agreement for up to 100 Traxx Shunter locomotives, marking the start of production for a new generation of medium to heavy duty shunting locomotives, according to the leasing company.