Renfe Exits U.S. After Texas Central Rail Project Collapses

Renfe has ended its U.S. operations following the failure of the Texas Central Rail Project, writing off €4.5 million in losses and fully liquidating its American subsidiary. This is reported by the railway transport news portal Railway Supply.

The Texas Central Rail Project, once envisioned to link Dallas/Fort Worth and Houston, stalled due to legal issues, construction delays, and loss of government support in April 2025.

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The U.S. Department of Transportation withdrew $63.9 million in aid, labeling the initiative “a risky venture for the taxpayer.” This move left the $40 billion infrastructure project without viable financing.

Renfe’s 2024 report confirmed total impairment of its U.S. investments and an inability to recover unpaid balances dating back to 2019. These losses led Renfe Proyectos Internacionales to post a net deficit of €853,000.

Texas Central Rail Project Ends with Heavy Financial Losses

Renfe absorbed the entire loss after the Texas Central Rail Project failed to secure necessary funding. Litigation and political setbacks proved too severe to overcome.

Without federal backing, Renfe abandoned hopes of future revenue. The company ultimately concluded that continuing operations in the U.S. would no longer be viable.

Texas Central Rail Project Fallout Shifts Renfe’s Focus to Europe

Renfe is now redirecting its strategy toward European markets. It may exit France, but it recently entered Italy by purchasing a 33% stake in Longitude Holding, parent of Arenaways.

In Central Europe, Renfe continues growing through Leo Express. The Czech operator doubled its revenue and passenger count in 2024, reinforcing the group’s long-term expansion goals.

Despite setbacks abroad, Renfe aims to consolidate operations in markets with more predictable legal, financial, and political environments. While the Texas Central Rail Project marked a major loss, it also clarified the need for a sharper international strategy.

Source: www.trenvista.net

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