ABB books $80 mln orders for Spanish commuter train tech – Reuters

The logo of Hitachi ABB is seen at an office building in Zurich, Switzerland September 10, 2020. REUTERS/Arnd Wiegmann
BERLIN, Feb 7 (Reuters) – ABB (ABBN.S) said on Monday that it had secured orders worth $80 million from Stadler Rail (SRAIL.S) for traction and battery technologies for commuter trains in Spain.
The orders include compact traction converters and high-power lithium-ion battery to power 59 double-decker commuter trains for Spain's state-owned rail operator Renfe.
ABB added that the orders were booked in the fourth quarter of 2021.
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