30 June 2023
30 June 2023
The agreement includes an Enterprise Value of approximately €25m, of which €2m has been paid at the time of signing.
The Masaccio’s hybrid technology allows the train to draw from battery, electric, hybrid, and diesel power.
Following the contract renewal, Arriva Rail London is expected to run the London Overground trains for a further two years until May 2026.
The agreement to modernise and maintain 280 electro-diesel locomotives for ENR marks Škoda's first foray in the African market.
The 140km-long HSR stretch will connect the new CPK airport to the rail network, cutting travel time between Warsaw and Łódź in half.
The US company has now received more than 200 locomotive orders through the programme.
The additional €930m from the Connecting Europe Facility for Rail Baltica brings the project's total funding to roughyl €2.7bn.
Completion of the Orlando extension means that Brightline can commence services this year between Central and South Florida.
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