• Covering 870 km of railway across the three Baltic countries
  • One of the largest rail electrification projects currently underway in Europe
  • Contract valued at €1.77 billion

A consortium formed by COBRA IS (through Grupo Cobra) and Elecnor has been awarded the electrification contract for the Rail Baltica project in Estonia, Lithuania, and Latvia. COBRA IS’s share is valued at €885 million.

The consortium will electrify 870 km of railway across the three countries. The works will be carried out in two phases, the first of which (worth €950 million) will begin on October 1st and be completed by 2030.

This is the largest rail electrification project currently underway in Europe and will connect the Baltic railway system with the rest of the continent. At the contract signing ceremony, high-level representatives from the European Union and the Baltic nations emphasized the importance of building a unified and interoperable network to enable seamless transport services for passengers and goods.

This will be the first large-scale deployment of Static Frequency Converter (SFC) technology. Powered by 10 substations, this technology will make the rail network more reliable, efficient, and environmentally friendly.