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

• 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.

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