Business · Companies · 11 hrs ago
Siemens selected for €1.22 billion Spanish train contract
Renfe selected Siemens as preferred bidder for 30 high-speed trains in Spain.
The proposed contract is worth €1.22 billion, including maintenance, and includes an option for 10 additional trains.
The trains would be Siemens Velaro Novo models, each with 520 seats.
Renfe launched the tender in April and required trains able to reach at least 350 kilometres per hour.
The choice follows recent problems Renfe has had with delivery reliability.
The first five trains are due within three years and four months, with the final trains expected within five years and two months.
Siemens and Renfe still need to settle the contract details.
Renfe selected Siemens as preferred bidder for 30 new Velaro Novo high-speed trains.
The contract, including maintenance, is valued at €1.218 billion, while Handelsblatt reports the amount as €1.22 billion.
The trains are to reach speeds of 350 km/h and have 520 seats each.
Renfe can add an option for 10 more trains.
The purchase is part of a fleet renewal after delays and reliability problems with earlier Talgo trains.
- Who
- Renfe selected Siemens as the preferred bidder.
- What
- The contract covers 30 Velaro Novo trains and maintenance, with an option for 10 additional trains.
- When
- Renfe announced the selection on Tuesday, October 27, 2026.
- Where
- Spain.
- Why
- Renfe is renewing its high-speed fleet amid concerns about ageing trains and problems with earlier deliveries.
This story does not have two clearly opposing sides.
Renfe launched the tender for new trains.
Renfe received 15 Talgo trains that had been contracted in 2015, after delays.
A locomotive of one of the early trains to run on Spanish tracks caught fire, disrupting traffic between Madrid and Barcelona for several days.
Renfe selected Siemens as the preferred bidder for 30 Velaro Novo trains.
The first five units are due to be delivered, according to El Mundo.
- Contract value
- €1.218 billion, including maintenance
- Initial order
- 30 Velaro Novo trains
- Additional option
- 10 trains
- Maximum speed
- 350 km/h
- Seats per train
- 520
2 sources
What people are saying
The Velaro Novo combines significantly reduced energy consumption with higher passenger capacity and lower costs over its entire life cycle.
Renfe cannot afford to suffer delivery delays from manufacturers again, as it has in recent acquisitions.