Renfe Inks $6 Bn Deal with Texas Central
February 24th, 2020
February 23, 2020 - Brinkwire -
Spanish train operator Renfe on Thursday said it had signed a $6-billion deal with US rail developer Texas Central to design, build and run a high-speed rail line in the United States.
In a statement, Spain’s transport ministry said the 5.5-billion-euro ($5.9 billion) agreement would see Renfe work alongside its US partner to develop and operate a line between Houston and Dallas that is to become operational in 2026.
The two firms have signed a preliminary agreement but it is still in draft phase, said Renfe, Spain’s national rail operator.
Read more: https://en.brinkwire.com/news/renfe-inks-6-bn-deal-to-build-high-speed-train-in-us/
Spanish train operator Renfe on Thursday said it had signed a $6-billion deal with US rail developer Texas Central to design, build and run a high-speed rail line in the United States.
In a statement, Spain’s transport ministry said the 5.5-billion-euro ($5.9 billion) agreement would see Renfe work alongside its US partner to develop and operate a line between Houston and Dallas that is to become operational in 2026.
The two firms have signed a preliminary agreement but it is still in draft phase, said Renfe, Spain’s national rail operator.
Read more: https://en.brinkwire.com/news/renfe-inks-6-bn-deal-to-build-high-speed-train-in-us/