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Provider: Reuters Investment Profile

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Alstom SA to Provide 34 Light Rail Vehicles and Maintenance Services for Ottawa

Thursday, 14 Feb 2013 08:05am EST 

Alstom SA announced that it has finalized a contract to provide 34 light rail vehicles and 30 years of maintenance services to the Rideau Transit Group (RTG) consortium that was selected to design, build, finance, and maintain the first line of the Ottawa Light Rapid Transit (OLRT) system worth over EUR 1.5 billion (CAD 2.1 billion). Alstom's portion of the contract is worth approximately EUR 400 million. 

Company Quote

-0.095 -0.35%
24 Dec 2014