Renfe joins US high-speed association
Spanish operator Renfe has joined the United States High Speed Association (USHSR), the main association dedicated to the development of high-speed rail in the country. By becoming a VIP member, the company further develops its international ambition.
By joining the USHSR, Renfe makes itself known among companies in the sector in North America. It has various benefits for Renfe, among which are better access to information on the new legislation in relation to high-speed in the country, participation in various forums and seminars of interest or collaboration in the negotiations that USHSR maintains in legislative, financial or technical matters.
The USHSR was founded in 2009 as an independent non-profit organisation with the objective to achieve broad public, business and political support so that high-speed rail in the country receives greater investment from the federal government.
High-speed in the US
For its part, the Association exerts influence in federal, state and local governments, supporting the main high-speed projects under development (California, Texas, Florida or Las Vegas, among others) and promoting the development of new lines. Among its members are also the US Division of FS Italiane, Deutsche Bahn, Hitachi Rail and Alstom.
The president of the USHSR, Andy Kunz, has expressed his satisfaction with Renfe becoming a member of the Association. In his statements, Kunz calls Renfe a world leader in high-speed rail operation, and said that the USHSR highly values its first-rate experience to contribute to the construction of ‘a benchmark high-speed network In America’.
Renfe’s incorporation into USHSR is another step in the Company’s internationalisation strategy, which already has a presence in the United States, where it has just signed a contract with Central Texas, the private consortium that develops high-speed rail between Dallas and Houston, Texas. The signing of this contract makes Renfe the ‘early operator’ of the project, after several years providing advisory and consulting services in the contracting, final design, execution, construction, testing and commissioning of the future high-speed line.
Outside Spain’s borders, Renfe is part of the consortium of companies that has built and operates the high-speed line between Mecca and Medina in Saudi Arabia, called Haramain Highspeed Railway, a service that in 2020 exceeded the first million travelers.
Renfe’s objective is that 10 percent of the company’s total revenues come from foreign operations, both in high-speed and in public service, within a period of 10 years. The operator continues to analyse international growth opportunities, both in Europe and in the United States and Latin America.