Alstom S.A. : Alstom secures long-term train services and refurbishment contracts for £330 million1 (€380 million) with ScotRail and Beacon

Core Points - Alstom has secured a long-term contract worth £330 million (€380 million) with ScotRail and Beacon for train services and refurbishment [1] - The agreement includes a 10-year Technical Support and Spares Supply Agreement (TSSSA) valued at approximately £250 million, with an option to extend until March 2042 [2] - The refurbishment contract with Beacon is valued at around £80 million, focusing on enhancing the Class 222 fleet's reliability and passenger comfort [3] Contract Details - The TSSSA covers the operation, maintenance support, and refresh of 22 five-car Class 222 trains [2] - The refurbishment program includes extensive interior and exterior upgrades, such as new seating, LED lighting, and improved accessibility features [3][4] - Initial maintenance activities will be conducted across multiple locations, including Polmadie, Haymarket, and Inverness, with a focus on technician and engineer support [5] Sustainability and Strategic Alignment - The program aligns with Alstom UK & Ireland's Sustainability Strategy and ScotRail's sustainability goals, emphasizing climate action and inclusive economic growth [7] - Sustainability performance will be monitored against agreed targets and reviewed regularly by Alstom's senior leadership [7] Industry Impact - The agreement reinforces Alstom's position as a leading provider of long-term rolling stock services in the UK, combining engineering expertise and digital capabilities [12] - The investment is expected to enhance the passenger experience and support ScotRail's efforts to promote rail travel over car usage [9][10]