Alstom S.A.: Alstom and its partners reach financial close for Israel’s Haifa-Nazareth light rail project

Alstom and its consortium partners have achieved financial close for Israel's Haifa-Nazareth light rail project, a €2 billion initiative. Alstom's share is valued at approximately €750 million, covering rolling stock design, engineering, supply, integration, testing, commissioning and long-term maintenance. The 41-kilometre light rail line will connect Haifa, Nazareth and surrounding communities through 20 stations, expected to serve around 100,000 passengers daily.