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The First Expansion on Renfe, Blackrock, Sofitec, Rare Earths, Wall Street and Meta

Summary by Expansión
Renfe and its partners agree with Arabia to extend the business of AVE to Mecca. The Spanish consortium reaches an agreement to extend the operation phase in five years, until 2038. The customer exercises the option of 20 more trains, valued at about 800 million. Read
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Renfe and its partners agree with Arabia to extend the business of AVE to Mecca. The Spanish consortium reaches an agreement to extend the operation phase in five years, until 2038. The customer exercises the option of 20 more trains, valued at about 800 million. Read

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Expansión broke the news in on Friday, December 5, 2025.
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