Wabtec Signs $700M-Plus Simandou Rail Services Deal With La Compagnie du TransGuinéen

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Wabtec signed a more than $700M long-term services agreement with La Compagnie du TransGuinéen for its new Evolution Series locomotive fleet. Combined with Wabtec's 2024 locomotive orders, the deal brings the company's total Simandou project value to more than $1.2B. The agreement will support CTG's 600-plus kilometer TransGuinean Railway, which links the Simandou mine with the Port of Morebaya. Services covered include maintenance, parts overhauls, logistics, training, remote diagnostics and parts management, along with workforce development and local partnerships. The contract covers CTG's ES43AC locomotives, which are powered by 4,500-horsepower Evolution Series engines.

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La Compagnie du TransGuinéenPrivate± Mixed
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CTG is the counterparty signing the rail services deal for its TransGuinean Railway, but the article does not assess the impact on CTG itself.

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