Alstom reaches financial close on Israel Haifa-Nazareth light rail project, share valued at EUR 750 million

Reuters2026/07/28 06:31

By:Reuters

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Alstom reached financial close with Electra and Minrav for Israel’s Haifa-Nazareth (NofiT) light rail project.
Turnkey contract value about EUR 2 billion; Alstom share about EUR 750 million, including rolling stock and long-term maintenance.
Project awarded in 2024; 41-km line with 20 stations; expected to carry about 100,000 passengers a day.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alstom SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607280230OMX_____CNEWS_EN_GNW1001254736_en) on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Alstom reaches financial close on Israel Haifa-Nazareth light rail project, share valued at EUR 750 million

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