Alstom

Alsthom was founded in 1928 from the merger of the French heavy engineering subsidiary of the Thomson-Houston Electric Company, the Compagnie française Thomson Houston, CFTH, and of the Société Alsacienne de Constructions Mécaniques. In 1932, Alsthom expanded into transportation by acquiring the {{langx|fr|:fr:Constructions électriques de France}}, Tarbes, a manufacturer of electric locomotives as well as electrical and hydraulic equipment.

In 1969, Compagnie Générale d'Électricité (CGE) became the majority shareholder of Alsthom. In 1976, Alsthom merged with Chantiers de l'Atlantique, becoming Alsthom Atlantique. Thus, the business expanded into marine. The next year, it constructed the first 1300 MW generator set for the Paluel Nuclear Power Plant, setting a world record with an output of 1500 MW.

In 1978, Alsthom delivered its first TGV to SNCF. The TGV went on to break world rail speed records in 1981 (at {{convert|380|km/h|mi/h}}) and in 1990 (at {{convert|515.3|km/h|mi/h}}). It also set the world endurance record for high-speed train lines in 2001, travelling the {{convert|1067.2|km|mi}} from Calais to Marseille in 3 hours and 29 minutes. In 1986, Alsthom Belfort received an order from EDF for the largest gas turbine in the world (212 MW).

In 1988–89, the holding company, CGEE Alsthom, acquired ACEC Énergie (hydroturbines and electrical equipment for the nuclear industry) and ACEC Automatisme (automation) from the dissolution of the Belgian electrical engineering company Ateliers de Constructions Electriques de Charleroi. Alsthom acquired 100% of ACEC's transport division and renamed it ACEC Transport.Sources:

• {{citation| url = http://archives.lesoir.be/une-nouvelle-division-des-acec-cedee-a-la-cge_t-19890111-Z019AG.html| language = fr| work = archives.lesoir.be| title = Une nouvelle division des ACEC cédée à la CGE| date = 11 January 1989| access-date = 26 March 2012| archive-date = 25 May 2013| archive-url = https://web.archive.org/web/20130525111909/http://archives.lesoir.be/une-nouvelle-division-des-acec-cedee-a-la-cge_t-19890111-Z019AG.html| url-status = live}}
• {{citation| url =http://archives.lesoir.be/acec_t-19881201-Z015ED.html| title =ACEC| first =Guy| last =Depas| date =1 December 1998| work =archives.lesoir.be| language =fr| access-date =26 March 2012| archive-date =25 May 2013| archive-url =https://web.archive.org/web/20130525120918/http://archives.lesoir.be/acec_t-19881201-Z015ED.html| url-status =live}}
• {{citation| url = http://archives.lesoir.be/les-acec-vendent_t-19890112-Z019FN.html| title = Les ACEC vendent| date = 12 January 1989| language = fr| work = archives.lesoir.be| access-date = 26 March 2012| archive-date = 25 May 2013| archive-url = https://web.archive.org/web/20130525113429/http://archives.lesoir.be/les-acec-vendent_t-19890112-Z019FN.html| url-status = live}}
• {{citation| url = http://archives.lesoir.be/la-reprise-du-ferroviaire_t-19890107-Z01918.html| title = La reprise du ferroviaire| first = Beatrice| last = Delvaux| date = 7 January 1989| language = fr| work = archives.lesoir.be| access-date = 26 March 2012| archive-date = 25 May 2013| archive-url = https://web.archive.org/web/20130525113847/http://archives.lesoir.be/la-reprise-du-ferroviaire_t-19890107-Z01918.html| url-status = live}}

{{See also|General Electric Company}}

In early 1989, GEC Alsthom was formed from a 50–50 merger of Alsthom and the Power Systems Division of the British General Electric Company; for Alsthom this move was intended to aid Alsthom in selling its products outside the French market.International Directory of Company Histories (1994) In May of that year GEC Alsthom bought British rail vehicle manufacturer Metro-Cammell.GEC swallows Metro-Cammell Railway Gazette International July 1989 page 457

File:Eurostar in London S6301538.JPG train at London St Pancras. The class 373 was built by Alstom in the early to mid-1990s for the Eurostar high-speed service from England to France and Belgium.]]

During the early-1990s, GEC Alsthom was the principal manufacturer of the British Rail Class 373, a variant of their TGV family specially designed for traversing the Channel Tunnel between the UK and France. Although collectively operated by Eurostar, the type was ordered by three different railway companies: 16 by SNCF, four by NMBS/SNCB, and 18 by British Rail, of which seven were shortened North of London sets.{{cite web |url= http://www.eurostar.com/UK/uk/leisure/about_eurostar/company_information/ownership_structure.jsp |title= Ownership & Structure |access-date= 11 May 2009 |publisher= Eurostar |url-status= dead |archive-url= https://web.archive.org/web/20090508110025/http://www.eurostar.com/UK/uk/leisure/about_eurostar/company_information/ownership_structure.jsp |archive-date= 8 May 2009 |df= dmy-all }} The first Class 373 set was completed at GEC Alstom's Belfort facility during 1992.{{cite web |url=http://www.accessmylibrary.com/coms2/summary_0286-5496207_ITM |title=GEC Alsthom: a marriage a la Jack Sprat |publisher=Management Today |access-date=25 August 2009}}

In 1994, GEC Alsthom acquired a 51% shareholding in Linke-Hofmann-Busch from Salzgitter AG.World Update Railway Age August 1994 page 88 In 1995, the company acquired the remaining shares in the steam turbine manufacturer MAN Energie.{{cite web |url=https://www.africaintelligence.com/oil--gas/1995/02/22/gec-alsthom-buys-man-energy,29669-bre |title=WEST EUROPE : GEC ALSTHOM BUYS MAN ENERGY – 22/02/1995 – Africa Energy Intelligence |date=22 February 1995 |publisher=africaintelligence.com |access-date=3 September 2023 |archive-date=3 September 2023 |archive-url=https://web.archive.org/web/20230903014941/https://www.africaintelligence.com/oil--gas/1995/02/22/gec-alsthom-buys-man-energy,29669-bre |url-status=live }} In early 1998, GEC Alsthom acquired the electrical contractor Cegelec, renaming it Alstom Power Conversion.{{Cite web |title=Alstom Grid Brochure ENG {{!}} PDF {{!}} Electrical Grid {{!}} Electrical Substation |url=https://www.scribd.com/document/104331938/Alstom-Grid-Brochure-ENG |access-date=2023-04-24 |website=Scribd |language=en |archive-date=24 April 2023 |archive-url=https://web.archive.org/web/20230424124433/https://www.scribd.com/document/104331938/Alstom-Grid-Brochure-ENG |url-status=live }}

In 1998, GEC Alsthom bought Italian firm SASIB's rail signalling subsidiary Sasib Railways,{{citation| url = http://www.cirgroup.com/press/press-releases/document/sasib-announces-1999-results.html| title = SASIB ANNOUNCES 1999 RESULTS| date = 6 March 2000| work = www.cirgroup.com| access-date = 27 June 2014| archive-date = 16 September 2016| archive-url = https://web.archive.org/web/20160916023650/http://www.cirgroup.com/press/press-releases/document/sasib-announces-1999-results.html| url-status = live}}{{citation| journal = Railway Age| title = GEC Alsthom buys SASIB signaling units| date = February 1998| volume = 199| issue =2 |page =21| url = http://connection.ebscohost.com/c/articles/293947/gec-alsthom-buys-sasib-signaling-units| archive-url = https://web.archive.org/web/20160303231436/http://connection.ebscohost.com/c/articles/293947/gec-alsthom-buys-sasib-signaling-units| url-status = dead| archive-date = 2016-03-03}} which included the former General Railway Signal (USA).{{citation| url=http://www.alstomsignalingsolutions.com/CustomerSupport/History/| title = Alstom Signalling History| work = www.alstomsignalingsolutions.com|archive-url=https://web.archive.org/web/20130109113147/http://alstomsignalingsolutions.com/CustomerSupport/History| archive-date = 9 January 2013}}{{citation| url = http://www.alstomsignalingsolutions.com/Data/Documents/History.pdf| title = A Centennial – History of ALSTOM Signaling Inc. (Formerly General Railway Signal Company) 1904–2004| publisher = Alstom Signalling Inc.| date = June 2004| url-status = dead| archive-url = https://web.archive.org/web/20111002122301/http://www.alstomsignalingsolutions.com/Data/Documents/History.pdf| archive-date = 2 October 2011| df = dmy-all}}

In June 1998, GEC Alsthom was listed on the Paris Stock Exchange; both GEC and Alcatel elected to sell off part of their stakes (23.6% each). Around this time, the company was officially renamed Alstom.{{cite web|url=https://www.france24.com/en/20170926-alstom-key-dates-french-industrial-jewel|title=Alstom: the key dates of a French industrial jewel|work=france24.com|date=26 September 2017|access-date=3 September 2023|archive-date=3 September 2023|archive-url=https://web.archive.org/web/20230903014942/https://www.france24.com/en/20170926-alstom-key-dates-french-industrial-jewel|url-status=live}}GEC Alsthom drops the 'h' The Railway Magazine issue 1167 July 1998 page 55

File:WMATA Alstom 6000 Series on the Red Line.jpg 6000 series railcars built by Alstom in 2006]]

In 1999, Alstom bought half of ABB's power systems division, forming a 50-50 joint company known as ABB Alstom Power. Alstom also bought Canada's Télécité,{{citation needed|date=June 2014}} a passenger information and security solutions company, and sold its heavy-duty gas turbine business to General Electric.{{citation| url = http://www.alstom.com/press-centre/1999/3/ALSTOM-sells-its-heavy-duty-gas-turbine-business-to-General-Electric-19990323/| title = ALSTOM sells its heavy duty gas turbine business to General Electric| date = 23 March 1999| work = www.alstom.com| type = press release| access-date = 28 April 2014| archive-date = 20 August 2016| archive-url = https://web.archive.org/web/20160820124200/http://www.alstom.com/press-centre/1999/3/ALSTOM-sells-its-heavy-duty-gas-turbine-business-to-General-Electric-19990323/| url-status = live}}{{citation| url = http://www.alstom.com/press-centre/1999/6/ALSTOM-completes-sale-of-its-heavy-duty-gas-turbine-business-to-General-Electric-19990625/| title = ALSTOM completes sale of its heavy duty gas turbine business to General Electric| date = 25 June 1999| work = www.alstom.com| type = press release| access-date = 28 April 2014| archive-date = 20 August 2016| archive-url = https://web.archive.org/web/20160820080141/http://www.alstom.com/press-centre/1999/6/ALSTOM-completes-sale-of-its-heavy-duty-gas-turbine-business-to-General-Electric-19990625/| url-status = live}} The next year, the company bought out ABB's share in the former joint venture ABB Alstom Power.{{cite web|url=http://tdworld.com/mag/power_abb_sell_stake/|title=ABB to Sell Stake in ABB Alstom Power|date=1 May 2000|publisher=Transmission & Distribution World|work=tdworld.com|access-date=29 August 2009|archive-date=29 November 2022|archive-url=https://web.archive.org/web/20221129100829/http://tdworld.com/mag/power_abb_sell_stake/|url-status=live}}

In 2000, Alstom sold its diesel engine businesses (Ruston, Paxman, and Mirrlees Blackstone) to MAN Group.{{citation| url = http://www.alstom.com/press-centre/2000/2/Man-acquires-ALSTOMs-diesel-engine-operations-20000221/| title = Man acquires Alstom's diesel engine operations| date = 21 February 2000| work = www.alstom.com| type = Press release| access-date = 28 April 2014| archive-date = 4 July 2018| archive-url = https://web.archive.org/web/20180704161914/http://www.alstom.com/press-centre/2000/2/Man-acquires-ALSTOMs-diesel-engine-operations-20000221/| url-status = live}} It also acquired a 51% stake in Italian rail manufacturer Fiat Ferroviaria, a world leader in tilting technology.{{cite web |url=http://www.highbeam.com/doc/1G1-63843730.html |archive-url=https://web.archive.org/web/20121105071525/http://www.highbeam.com/doc/1G1-63843730.html |url-status=dead |archive-date=5 November 2012 |title=Article: Alstom Takes Over Fiat Ferroviaria |publisher=International Railway Journal Article |date=1 July 2000 }} In April 2003, Alstom sold its industrial turbine business to Siemens for €1.1 billion.{{citation| url = http://www.power-eng.com/articles/2003/04/siemens-buys-alstom-industrial-turbines-business-for-euro11bn.html| title = Siemens buys Alstom industrial turbines business for €1.1bn| date = 28 April 2003| work = www.power-eng.com| access-date = 28 April 2014| archive-date = 15 August 2016| archive-url = https://web.archive.org/web/20160815100603/http://www.power-eng.com/articles/2003/04/siemens-buys-alstom-industrial-turbines-business-for-euro11bn.html| url-status = dead}}

By 2003, Alstom was facing a financial crisis caused by a mix of poor sales and over $5 billion of debt liabilities. It reportedly had the potential to force the company's liquidation. These heavy debts were largely due to a $4 billion charge over a design flaw in a turbine developed by ABB, acquired by Alstom in 2000, as well as the collapse of customer Renaissance Cruises amid a general downturn in the marine market. Alstom's share price had dropped by 90% over two years.{{cite web |url= http://www.businessweek.com/magazine/content/03_29/b3842135_mz034.htm|archive-url= https://web.archive.org/web/20030801100442/http://www.businessweek.com/magazine/content/03_29/b3842135_mz034.htm|url-status= dead|archive-date= 1 August 2003| title = Can Alstom Get Back on Track? It's a financial wreck, and the rescue plan may not work| publisher = Bloomberg |work = www.businessweek.com| date = 21 July 2003}}{{cite news|url=http://www.economist.com/node/1978762|title=French capitalism. Bull again France's state-backed rescue of Alstom is all too familiar|newspaper=The Economist|date=7 August 2003|archive-date=22 June 2017|access-date=14 July 2011|archive-url=https://web.archive.org/web/20170622033706/http://www.economist.com/node/1978762|url-status=live}} The European Commission objected to a €3.2 billion rescue plan involving the French state; European Union competition law bans most state aid without EC permission. This was obtained, but required Alstom to sell several of its subsidiaries, including its shipbuilding and electrical transmission assets.{{citation|url =http://www.eurofound.europa.eu/eiro/2003/10/inbrief/fr0310101n.htm|title =Alstom rescue plan agreed|work =www.eurofound.europa.eu|first =Maurice|last =Braud|publisher =Eurofound|date =22 October 2010|access-date =14 July 2011|archive-date =13 July 2014|archive-url =https://web.archive.org/web/20140713195120/http://www.eurofound.europa.eu/eiro/2003/10/inbrief/fr0310101n.htm|url-status =live}}

In 2004, the French state took a 21% stake in Alstom for €772 million and Alstom received an EU-approved bailout worth in total €2.5 billion.{{cite news |url=http://news.bbc.co.uk/1/hi/3873149.stm |title=EU gives Alstom bailout backing |date=7 July 2004 |work=BBC News |archive-date=16 July 2023 |access-date=16 December 2010 |archive-url=https://web.archive.org/web/20230716025031/http://news.bbc.co.uk/1/hi/3873149.stm |url-status=live }} The company sold its electrical transmission and distribution ("grid") activities to Areva, the diesel locomotive manufacturer Meinfesa to Vossloh, and Alstom Power Rentals to APR LLC. Six years later, Alstom re-acquired the electric power transmission division of Areva.{{cite web|url=http://www.businessweek.com/news/2010-06-08/alstom-acquires-areva-division-for-2-3-billion-euros-update3-.html|title=Alstom Acquires Areva Division for 2.3 Billion Euros (Update3)|date=8 June 2010|publisher=Bloomberg|work=www.businessweek.com}}{{dead link|date=April 2023|bot=medic}}{{cbignore|bot=medic}}{{cite news|url=https://www.reuters.com/article/idUSB8214820090309|title=Alstom wants to buy former unit from Areva|date=9 March 2009|website=Reuters|archive-date=16 July 2023|access-date=30 June 2017|archive-url=https://web.archive.org/web/20230716025031/https://www.reuters.com/article/idUSB8214820090309|url-status=live}}

In 2005, the former Metro-Cammell rail vehicle works in Washwood Heath closed.Alstom withdraws from train assembly in British International Railway Journal July 2003 page 4 In the same year, Alstom sold its Australian subsidiary, Alstom Transport Australia and New Zealand, to United Group, which became part of the latter's UGL Rail division.[http://www.smh.com.au/news/Business/United-to-acquire-rail-business-Alstom/2005/06/02/1117568302238.html United to acquire rail business Alstom] {{Webarchive|url=https://web.archive.org/web/20140609144220/http://www.smh.com.au/news/Business/United-to-acquire-rail-business-Alstom/2005/06/02/1117568302238.html |date=9 June 2014 }} Sydney Morning Herald 2 June 2005{{cite web

|url=http://www.au.alstom.com/home/newsroom/press_archive/29275.EN.php?languageId=EN&dir=/home/newsroom/press_archive/

|title=Alstom signs agreement with United Group for sale of Australia & New Zealand transport business|publisher=Alstom|access-date=2008-08-02|archive-url=https://web.archive.org/web/20081006185932/http://www.au.alstom.com/home/newsroom/press_archive/29275.EN.php?languageId=EN&dir=/home/newsroom/press_archive/|archive-date=6 October 2008|url-status=dead}} Alstom would restart its manufacturing operations in Australia by the early 2010s.{{cite web|url=https://www.alstom.com/press-releases-news/2013/6/alstom-to-provide-an-additional-eight-xtrapolis-trainsets-for-melbournes-metropolitan-rail-network-in-australia|title=Alstom to provide an additional eight Xtrapolis trainsets for Melbournes Metropolitan Rail Network in Australia|publisher=Alstom|date=21 August 2013|access-date=16 January 2024|archive-date=16 January 2024|archive-url=https://web.archive.org/web/20240116114535/https://www.alstom.com/press-releases-news/2013/6/alstom-to-provide-an-additional-eight-xtrapolis-trainsets-for-melbournes-metropolitan-rail-network-in-australia|url-status=live}}

In 2006, Alstom sold its Marine Division to the Norwegian group Aker Yards, with a commitment to retain 25% of the shares until 2010; it also sold Alstom Power Conversion, which became Converteam, in a leveraged buy-out deal funded by Barclays Private Equity France SAS.{{cite web |url=http://www.converteam.com/converteam/4/doc/Finance_Room/2006/Financial_Reports/2007_05_30_Converteam_Annual_Report_2006.pdf |title=Converteam Annual Report 2006 |date=5 May 2007 |website=Converteam.com|url-status=dead |archive-url=https://web.archive.org/web/20160916100456/http://www.converteam.com/converteam/4/doc/Finance_Room/2006/Financial_Reports/2007_05_30_Converteam_Annual_Report_2006.pdf |archive-date=16 September 2016 |df=dmy }}

In June 2006, Bouygues acquired the French government's 21% holding in Alstom for €2 billion.{{citation |url=https://www.theguardian.com/business/2006/apr/28/france.internationalnews |title=Bouygues buys Alstom stake |date=28 April 2006 |work=The Guardian |location=London |first=David |last=Gow |access-date=10 December 2016 |archive-date=16 July 2023 |archive-url=https://web.archive.org/web/20230716025034/https://www.theguardian.com/business/2006/apr/28/france.internationalnews |url-status=live }} Later that year, Bouygues elected to increase its shareholding in the firm to 24%.{{Citation needed|date=January 2020}}

File:Badaia - Parque Eólico -BT- 02.jpg

In 2007, the TGV POS set the world speed record for rail vehicles of {{convert|574.8|km/h|mi/h}}. In March, Alstom acquired Power Systems Manufacturing LLC (Florida, USA) a manufacturer of gas turbine components from Calpine Corporation for $242 million.{{citation| page = 8| title = Annual Report 2006/7| publisher = Alstom| url = http://www.alstom.com/Global/Group/Resources/Documents/Investors%20document/AR%2007.pdf| access-date = 22 August 2014| archive-date = 4 March 2016| archive-url = https://web.archive.org/web/20160304115551/http://www.alstom.com/Global/Group/Resources/Documents/Investors%20document/AR%2007.pdf| url-status = live}} In June, Alstom acquired the Spanish wind turbine manufacturer Ecotècnia, renamed as Alstom Ecotècnia (since 2010 Alstom Wind). The company also adopted a new graphic chart (logo, corporate identity) using "alstom" as its trading name, reserving "Alstom SA" for legal documents.

In 2009, Alstom acquired a 25% stake in the Russian locomotive manufacturer Transmashholding.{{cite web|url=http://eng.tmholding.ru/work/press/realises/2644|title=Alstom and the Russian rail manufacturer Transmashholding sign a strategic partnership agreement|date=31 March 2009|work=eng.tmholding.ru|url-status=dead|archive-url=https://archive.today/20120711051521/http://eng.tmholding.ru/work/press/realises/2644|archive-date=11 July 2012|df=dmy-all}}Alstom acquires 25% stake in Transmashholding International Railway Journal April 2010 page 17 Six years later, Alstom decided to increase its shareholding in Transmashholding to 33% at a reported cost of €54 million.{{citation| url = http://www.railjournal.com/index.php/financial/alstom-increases-stake-in-transmashholding.html?device=auto| title = Alstom increases stake in Transmashholding| first = Keith| last = Barrow| date = 29 December 2015| work = www.railjournal.com| access-date = 29 December 2015| archive-date = 18 August 2016| archive-url = https://web.archive.org/web/20160818183322/http://www.railjournal.com/index.php/financial/alstom-increases-stake-in-transmashholding.html?device=auto| url-status = live}} As a consequence of an alignment agreement between Transmashholding and another entity, LocoTech-Service, Alstom's stake in the former decreased to 20% in August 2018.{{cite web |url = https://www.railwaygazette.com/business/transmashholding-and-locotech-service-stakes-pooled/46932.article |title = Transmashholding and LocoTech-Service stakes pooled |publisher = Railway Gazette |date = 7 August 2018 |access-date = 6 January 2020 |archive-date = 9 August 2020 |archive-url = https://web.archive.org/web/20200809053658/https://www.railwaygazette.com/business/transmashholding-and-locotech-service-stakes-pooled/46932.article |url-status = live }}

In 2011, Alstom and the Iraqi government signed a memorandum of understanding regarding the construction of a new high-speed rail line between Baghdad and Basra.{{cite news|url=https://www.bbc.co.uk/news/world-middle-east-13909905 |title=Iraq: France's Alstom signs high-speed rail line deal |work=BBC News Online |date=24 June 2011 |access-date=27 June 2011 |archive-url=https://web.archive.org/web/20110627032731/http://www.bbc.co.uk/news/world-middle-east-13909905 |archive-date=27 June 2011 |url-status=live |df=dmy }}

In 2012, Alstom opened construction of factories at Sorel-Tracy, Quebec, Canada (passenger rail vehicles).{{citation| url = http://www.soreltracyregion.net/actualite/page/actualite/article/e/13302| title = Il réalise son engagement électoral le plus audacieux" Un jour pas si lointain, des bogies construits à Sorel-Tracy équiperont des rames de métro partout au Canada et aux États-Unis " – Sylvain Simard| first = Sylvain| last = Rochon| work = www.soreltracyregion.net| date = 20 May 2012| access-date = 22 May 2012| archive-date = 13 October 2016| archive-url = https://web.archive.org/web/20161013053942/http://www.soreltracyregion.net/actualite/page/actualite/article/e/13302| url-status = dead}} After a consortium of Alstom (Alstom Wind), EDF, and DONG Energy was awarded three major French offshore wind farm contracts, the company initiated construction of factories at Cherbourg-en-Cotentin (turbine blades in association with LM Power, also wind turbine towers) and Saint-Nazaire (Nacelles and generators).Sources:

• {{citation| url = http://investing.businessweek.com/research/stocks/news/article.asp?docKey=600-201204060640DOWJONESENRGYSVC000616-1¶ms=timestamp%7C%7C04/06/2012%206:40%20AM%20ET%7C%7Cheadline%7C%7CFrench%20Govt%20Picks%20EDF%2C%20Dong%2C%20Alstom%20For%20Offshore%20Wind%20Farms%7C%7CdocSource%7C%7CDow%20Jones%20and%20Company%2C%20Inc.%7C%7Cprovider%7C%7CACQUIREMEDIA%7C%7Crealtedsyms%7C%7C%7C%7C%7CUS%3BARVCY%7C%7CUS%3BIBDRY%7CES%3BIBE&ticker=IBE:SM| title = French Govt Picks EDF, DONG, Alstom For Offshore Wind Farms| date = 6 April 2012| publisher = Dow Jones and Company Inc.}}{{dead link|date=April 2023|bot=medic}}{{cbignore|bot=medic}}
• {{citation| url = http://www.rechargenews.com/energy/wind/article310783.ece| title = Green Street: Et voilà! A French offshore wind turbine industry| first = Ben| last = Backwell| date = 13 April 2012| work = www.rechargenews.com| access-date = 22 May 2012| archive-date = 16 April 2012| archive-url = https://web.archive.org/web/20120416084209/http://www.rechargenews.com/energy/wind/article310783.ece| url-status = live}}
• {{citation| url = https://www.reuters.com/article/edf-idUSL6E8F60GH20120406| work = www.reuters.com| title = Alstom win bulk of French wind farm tender (UPDATE 2-EDF)| date = 6 April 2012| first = Muriel| last = Boselli| access-date = 5 July 2021| archive-date = 16 July 2023| archive-url = https://web.archive.org/web/20230716025037/https://www.reuters.com/article/edf-idUSL6E8F60GH20120406| url-status = live}}
• {{citation| language = fr| url = http://www.businesswire.com/news/home/20120406005066/fr/| title = Alstom confirme l'implantation de 4 usines à Cherbourg et Saint-Nazaire pour livrer son éolienne Haliade 150 au consortium EDF EN| date = 6 April 2012| work = www.businesswire.com| publisher = Alstom| access-date = 22 May 2012| archive-date = 5 November 2013| archive-url = https://web.archive.org/web/20131105074748/http://www.businesswire.com/news/home/20120406005066/fr/| url-status = live}}

Also in 2012, the company formed a joint venture with RusHydro to manufacture hydropower equipment for small and medium power hydropower plants. (up to about 100MW.){{citation| url = http://www.waterpowermagazine.com/story.asp?sectioncode=130&storyCode=2062377| title = Alstom and RusHydro start work on new manufacturing plant| date = 15 May 2012| work = www.waterpowermagazine.com| url-status = dead| archive-url = https://archive.today/20130205220602/http://www.waterpowermagazine.com/story.asp?sectioncode=130&storyCode=2062377| archive-date = 5 February 2013| df = dmy-all}}

Late in 2012, to further the development of its tidal energy business, Alstom acquired Tidal Generation Ltd from Rolls-Royce, however this was later sold to GE in 2015 as part of the sale of Alstom's energy business.{{Cite web |title=Alstom to acquire Tidal Generation Ltd - NS Energy |date=27 September 2012 |url=https://www.nsenergybusiness.com/news/newsalstom-to-acquire-tidal-generation-ltd/ |access-date=2024-05-04 |language=en-US |archive-date=3 February 2024 |archive-url=https://web.archive.org/web/20240203180936/https://www.nsenergybusiness.com/news/newsalstom-to-acquire-tidal-generation-ltd/ |url-status=live }}{{Cite web |date=2015-11-03 |title=Alstom has finally sold its energy business to GE for $13.6b |url=https://www.independent.co.uk/news/business/news/alstom-sells-energy-business-to-ge-for-13-6b-a6718056.html |access-date=2024-05-04 |website=The Independent |language=en |archive-date=4 May 2024 |archive-url=https://web.archive.org/web/20240504233051/https://www.independent.co.uk/news/business/news/alstom-sells-energy-business-to-ge-for-13-6b-a6718056.html |url-status=live }}

In November 2013, Alstom announced it planned to raise €1 to €2 billion through sale of some non-core assets, plus the possible sale of a stake in Alstom Transport, and cut 1,300 jobs.{{citation |url=http://www.ft.com/cms/s/0/4333c582-46c0-11e3-9c1b-00144feabdc0.html#axzz2zqRbgQVc |archive-url=https://ghostarchive.org/archive/20221210221218/https://www.ft.com/content/4333c582-46c0-11e3-9c1b-00144feabdc0#axzz2zqRbgQVc |archive-date=10 December 2022 |url-access=subscription |url-status=live |title=Alstom to cut 1,300 jobs and sell assets |first=Michael |last=Stothard |date=6 November 2013 |work=Financial Times |access-date=25 April 2014 }}{{citation| url = https://www.wsj.com/news/articles/SB10001424052702303763804579181002675713342| title = Alstom to Sell Stake in Bullet-Train Unit – French Conglomerate Targets $1.35 Billion to $2.7 Billion in Asset sales| first = Init| last = Landauro| date = 6 November 2013| work = online.wsj.com| access-date = 13 March 2017| archive-date = 27 August 2016| archive-url = https://web.archive.org/web/20160827073156/http://www.wsj.com/news/articles/SB10001424052702303763804579181002675713342| url-status = live}} In 2014, Alstom sold its steam auxiliary components activities (air preheaters and gas-gas heaters for thermal power, other industrial heat transfer equipment, and grinding mills) to Triton Partners for €730 million.{{citation| url = http://www.alstom.com/press-centre/2014/4/alstom-sells-its-steam-auxiliary-components-activities-to-triton-for-around-730-million/| title = Alstom sells its steam auxiliary components activities to Triton for around €730  million| date = 4 April 2014| type = Press release| publisher = Alstom| access-date = 25 April 2014| archive-date = 17 July 2018| archive-url = https://web.archive.org/web/20180717101526/http://www.alstom.com/press-centre/2014/4/alstom-sells-its-steam-auxiliary-components-activities-to-triton-for-around-730-million/| url-status = live}}

In November 2014 Alstom was awarded a $429.4 million contract to modernise 85 trains for the Mexico City Metro system.[https://www.reuters.com/article/us-mexico-alstom-idUSKCN0J000N20141116 Mexico City awards $430 million train contract to Alstom] {{Webarchive|url=https://web.archive.org/web/20230716025037/https://www.reuters.com/article/us-mexico-alstom-idUSKCN0J000N20141116 |date=16 July 2023 }}. Reuters, 17 November 2014

Starting in 2009, Alstom's practices were questioned by the United States Department of Justice (DOJ), which violated the 1977 Foreign Corrupt Practices Act. This American law has extraterritorial scope. At the time, Alstom seemed to cooperate with the proceedings.{{Cite web|date=2019-07-18|title=À lire : " Le piège américain " de F. Pierucci|url=https://www.lemoci.com/actualites/actualites/a-lire-le-piege-americain-de-f-pierucci/|access-date=2021-05-28|website=Le Moci|language=fr-FR}} In 2010, the DOJ opened an investigation into Alstom's commercial practices, focusing on a 2003 deal in Indonesia valued at $118 million in particular.{{Cite web|date=2017-11-17|title=Quand un cadre d'Alstom se retrouve en prison|url=https://www.lesechos.fr/2017/11/quand-un-cadre-dalstom-se-retrouve-en-prison-188306|access-date=2021-05-28|website=Les Echos|language=fr|archive-date=16 July 2023|archive-url=https://web.archive.org/web/20230716025037/https://www.lesechos.fr/2017/11/quand-un-cadre-dalstom-se-retrouve-en-prison-188306|url-status=live}}

On April 13, 2013, Alstom senior executive Frédéric Pierucci was arrested at the John F. Kennedy International Airport in New York. He was accused of willful blindness of his company's suspected corruption and was imprisoned in a high security facility for 14 months and denied release on bail until the week of Alstom's acquisition by the US conglomerate General Electric.{{Citation|title=Alstom : la France vendue à la découpe ? Frédéric Pierucci [EN DIRECT]| date=8 July 2019 |url=https://www.youtube.com/watch?v=dejeVuL9-7c |archive-url=https://ghostarchive.org/varchive/youtube/20211211/dejeVuL9-7c| archive-date=2021-12-11 |url-status=live|language=en|access-date=2021-05-28}}{{cbignore}}{{Cite journal|date=2019-01-16|title=L'éclairant calvaire de Frédéric Pierucci, lampiste et appât de l'affaire Alstom|url=https://www.usinenouvelle.com/editorial/le-calvaire-de-frederic-pierucci-lampiste-et-appat-de-l-affaire-alstom.N793624|language=fr|last1=Nouvelle|first1=L'Usine|archive-date=16 July 2023|access-date=29 May 2021|archive-url=https://web.archive.org/web/20230716025036/https://www.usinenouvelle.com/editorial/le-calvaire-de-frederic-pierucci-lampiste-et-appat-de-l-affaire-alstom.N793624|url-status=live}} In late 2014, Alstom was fined $772 million by the DOJ, and admitted guilt under the Foreign Corrupt Practices Act in relation to bribes paid to obtain contracts in various countries.{{Cite news|last1=Lynch|first1=Sarah N.|date=22 December 2014|title=Alstom to pay record $772 million to settle bribery charges with U.S.|website=Reuters.com|publisher=Reuters|url=https://www.reuters.com/article/us-alstom-bribery-idUSKBN0K01DF20141222/|archive-date=16 July 2023|access-date=5 July 2021|archive-url=https://web.archive.org/web/20230716025045/https://www.reuters.com/article/us-alstom-bribery-idUSKBN0K01DF20141222|url-status=live}}{{citation|last=Tovey|first=Alan|title=Alstom fined $772m in US for 'brazen' and 'astounding' foreign bribery schemes|date=22 December 2014|url=https://www.telegraph.co.uk/finance/financial-crime/11309119/Alstom-fined-772m-in-US-for-brazen-and-astounding-foreign-bribery-schemes.html |archive-url=https://ghostarchive.org/archive/20220112/https://www.telegraph.co.uk/finance/financial-crime/11309119/Alstom-fined-772m-in-US-for-brazen-and-astounding-foreign-bribery-schemes.html |archive-date=12 January 2022 |url-access=subscription |url-status=live|work=The Telegraph|location=London}}{{cbignore}}

In mid-2014, Alstom Network UK was charged by the UK Serious Fraud Office (SFO) in relation to corruption offences alleged to have been committed when obtaining transportation contracts in India, Poland and Tunisia, covered under sections 1 of the Prevention of Corruption Act 1906 and Criminal Law Act 1977.{{citation|title=Criminal charges against Alstom in the UK|date=27 July 2014|url=http://www.sfo.gov.uk/press-room/latest-press-releases/press-releases-2014/criminal-charges-against-alstom-in-the-uk.aspx|work=www.sfo.gov.uk|df=dmy-all|archive-url=https://web.archive.org/web/20141225003506/http://www.sfo.gov.uk/press-room/latest-press-releases/press-releases-2014/criminal-charges-against-alstom-in-the-uk.aspx|archive-date=25 December 2014|url-status=dead}} Further charges were brought in late 2014 by the SFO in relation to corrupt practices used to obtain energy contracts in Lithuania.{{citation|last=Ring|first=Suzi|title=Alstom Charged in U.K. With Paying Bribes Over 8 Years|date=24 December 2014|url=https://www.bloomberg.com/news/2014-12-22/alstom-charged-in-u-k-with-paying-bribes-to-agents-over-8-years.html|work=www.bloomberg.com|access-date=5 March 2017|archive-date=25 December 2014|archive-url=https://web.archive.org/web/20141225054747/http://www.bloomberg.com/news/2014-12-22/alstom-charged-in-u-k-with-paying-bribes-to-agents-over-8-years.html|url-status=live}} Additional charges relating to contracts for the Budapest Metro in Hungary were added in April 2015.{{citation|last=Cruise|first=Sinead|title=files more corruption charges against Alstom's UK unit (UPDATE 1-UK)|date=16 April 2015|url=https://www.reuters.com/article/sfo-alstom-idUSL5N0XD3KL20150416|work=www.reuters.com|access-date=5 July 2021|archive-date=18 April 2022|archive-url=https://web.archive.org/web/20220418021002/https://www.reuters.com/article/sfo-alstom-idUSL5N0XD3KL20150416|url-status=live}} In December 2018, three executives of Alstom were found guilty of conspiracy to corrupt following an investigation by the SFO into allegations of several Lithuanian politicians and officials being offered bribes in return for securing contracts.{{cite web |url=https://www.theguardian.com/law/2018/dec/19/alstom-executives-found-guilty-of-conspiracy-to-corrupt |title=Three Alstom executives guilty of conspiracy to corrupt |first=David |last=Pegg |date=19 December 2018 |website=Theguardian.com}}

In February 2020, the United Nations published a database of all business enterprises involved in certain specified activities related to the Israeli settlements.{{cite news |date=12 February 2020 |title=UN rights office issues report on business activities related to settlements in the Occupied Palestinian Territory |url=https://www.ohchr.org/EN/NewsEvents/Pages/DisplayNews.aspx?NewsID=25542 |work=Office of the United Nations High Commissioner for Human Rights |access-date=5 July 2021 |archive-date=9 July 2021 |archive-url=https://web.archive.org/web/20210709093910/https://www.ohchr.org/EN/NewsEvents/Pages/DisplayNews.aspx?NewsID=25542 |url-status=live }}{{cite news |date=14 February 2020 |title=Database of all business enterprises involved in certain activities relating to Israeli settlements in East Jerusalem and the West Bank (A/HRC/43/71) |url=https://reliefweb.int/report/occupied-palestinian-territory/database-all-business-enterprises-involved-certain-activities |work=ReliefWeb |access-date=5 July 2021 |archive-date=9 July 2021 |archive-url=https://web.archive.org/web/20210709183439/https://reliefweb.int/report/occupied-palestinian-territory/database-all-business-enterprises-involved-certain-activities |url-status=live }} Alstom has been listed on the database in light of its involvement in activities related to "the provision of services and utilities supporting the maintenance and existence of settlements" and "the use of natural resources, in particular water and land, for business purposes". On 5 July 2021, Norway's largest pension fund KLP said it would divest from Alstom together with 15 other business entities implicated in the UN report for their links to Israeli settlements in the occupied West Bank.{{cite web|url=https://www.reuters.com/world/middle-east/nordic-fund-klp-excludes-16-companies-over-links-israeli-settlements-west-bank-2021-07-05/|title=Nordic fund KLP excludes 16 companies over links to Israeli settlements in West Bank|first1=Gwladys|last1=Fouche|first2=Simon|last2=Jessop|date=5 July 2021|publisher=Reuters|access-date=2021-09-13|archive-date=6 July 2021|archive-url=https://archive.today/20210706203657/https://www.reuters.com/world/middle-east/nordic-fund-klp-excludes-16-companies-over-links-israeli-settlements-west-bank-2021-07-05/|url-status=live}}

On 24 April 2014, unconfirmed reports claimed that US conglomerate General Electric (GE) was in acquisition talks with Alstom for $13 billion with the support of 29%-shareholder Bouygues, causing Alstom's share price to rise 18% in one day.{{citation|url = https://www.bloomberg.com/news/2014-04-23/ge-said-in-talks-to-buy-france-s-alstom-for-about-13-billion.html|title = General Electric Said in Talks to Buy France's Alstom|first1 = Aaron|last1 = Kirchfeld|first2 = Matthew|last2 = Campbell|first3 = Jeffrey|last3 = McCracken|date = 24 April 2014|publisher = Bloomberg|access-date = 5 March 2017|archive-date = 24 January 2015|archive-url = https://web.archive.org/web/20150124115255/http://www.bloomberg.com/news/2014-04-23/ge-said-in-talks-to-buy-france-s-alstom-for-about-13-billion.html|url-status = live}} On 27 April, Le Figaro reported that a rival 'cash plus asset swap' offer was issued by Siemens, trading Alstom's power business for part of its rail arm, plus a cash offer as good as GE's and job guarantees.{{citation| url = http://www.lefigaro.fr/societes/2014/04/26/20005-20140426ARTFIG00160-alstom-le-gouvernement-travaille-a-un-projet-franco-allemand-avec-siemens.php| title = Alstom : le gouvernement travaille à un projet franco-allemand avec Siemens| first = Ivan| last = Letessier| date = 27 April 2014| work = www.lefigaro.fr| access-date = 28 April 2014| archive-date = 28 April 2014| archive-url = https://web.archive.org/web/20140428035702/http://www.lefigaro.fr/societes/2014/04/26/20005-20140426ARTFIG00160-alstom-le-gouvernement-travaille-a-un-projet-franco-allemand-avec-siemens.php| url-status = live}}{{citation| url = https://www.bloomberg.com/news/2014-04-25/ge-executives-to-meet-with-french-government-on-alstom-takeover.html| title = Siemens Said to Offer Alstom Asset Swap to Beat GE Bid| first1 = Aaron| last1 = Kirchfeld| first2 = Francois| last2 = de Beaupuy| first3 = Alex| last3 = Webb| date = 27 April 2014| work = www.bloomberg.com| access-date = 5 March 2017| archive-date = 4 August 2014| archive-url = https://web.archive.org/web/20140804181429/http://www.bloomberg.com/news/2014-04-25/ge-executives-to-meet-with-french-government-on-alstom-takeover.html| url-status = live}} Siemens' bid was reportedly promoted by French economic minister Arnaud Montebourg. Siemens and Alstom had a greater product overlap and thus a greater risk to jobs, along with potential issues with EU competition regulators.{{citation| url = https://www.wsj.com/articles/new-siemens-bid-for-alstom-disrupts-deal-with-ge-1398643058| title = Siemens's New Alstom Bid Disrupts GE Deal| first1 = Stacy| last1 = Meichtry| first2 = David| last2 = Gauthier-Villars| date = 27 April 2014| work = online.wsj.com| access-date = 13 March 2017| archive-date = 25 April 2017| archive-url = https://web.archive.org/web/20170425204830/https://www.wsj.com/articles/new-siemens-bid-for-alstom-disrupts-deal-with-ge-1398643058| url-status = live}} Siemens' offer was characterised as "defensive", being skeptically received by investors and analysts.{{cite news| url = http://www.ft.com/cms/s/0/d0867a16-ebd8-11e3-ab1b-00144feabdc0.html#axzz33mWcs9O6| archive-url = https://ghostarchive.org/archive/20221210221234/https://www.ft.com/content/d0867a16-ebd8-11e3-ab1b-00144feabdc0#axzz33mWcs9O6| archive-date = 10 December 2022| url-access = subscription| title = Siemens rides to Alstom's rescue on a horse gone lame| first = Sarah| last = Gordon| date = 4 June 2014| work = www.ft.com| access-date = 5 June 2014| url-status = live}}

On 29 April, Reuters reported that Alstom's board had accepted a €10 billion bid by GE for its energy division;{{cite news| url = https://www.reuters.com/article/us-alstom-offer-idUSBREA3S0US20140429| title = Alstom accepts 10 billion euro GE bid for its energy unit| first1 = Matthieu| last1 = Protard| first2 = Maria| last2 = Sheahan| date = 29 April 2014| work = www.reuters.com| archive-date = 18 May 2021| access-date = 5 July 2021| archive-url = https://web.archive.org/web/20210518224237/https://www.reuters.com/article/us-alstom-offer-idUSBREA3S0US20140429| url-status = live}} In a letter from GE executive Jeffrey R. Immelt to President François Hollande published in Les Echos, Immelt gave assurances about continued investment in Alstom's French activities, the security of the civil nuclear sector, and on job commitments made by Alstom Wind, whilst making its wind activities available to investors.{{cite web| url=http://www.lesechos.fr/entreprises-secteurs/industrie-lourde/actu/0203471029595-alstom-ce-que-promet-general-electric-a-hollande-667745.php| title = Alstom : ce que promet General Electric à Hollande| first =Veronique |last = Le Billon | date = 29 April 2014| language = fr| work = www.lesechos.fr}} On 30 April, Alstom confirmed that an offer for its power and grid divisions (representing an equity value of €12.35 billion, €11.4 billion enterprise value) was under review with key interests including the French state.{{citation| url = http://www.alstom.com/en/press-centre/2014/4/alstom-is-considering-the-proposed-acquisition-of-its-energy-activities-by-ge-and-the-creation-of-a-strong-standalone-market-leader-in-the-rail-industry/| title = Alstom is considering the proposed acquisition of its Energy activities by GE and the creation of a strong standalone market leader in the rail industry| date = 30 April 2014| publisher = Alstom| type = Press release| archive-url = https://web.archive.org/web/20140730164550/http://www.alstom.com/en/press-centre/2014/4/alstom-is-considering-the-proposed-acquisition-of-its-energy-activities-by-ge-and-the-creation-of-a-strong-standalone-market-leader-in-the-rail-industry/| archive-date = 30 July 2014| url-status = dead| df = dmy-all}} On 30 April, GE confirmed it had made a $16.9 billion offer, comprising a $13.5 billion value plus $3.4 billion cash.{{citation| url = http://genewsroom.com/node/275160| title = GE offers $13.5 billion enterprise value to acquire Alstom Thermal, Renewables, and Grid businesses| date = 30 April 2014| publisher = GE| type = Press release| archive-url = https://web.archive.org/web/20140502002109/http://www.genewsroom.com/node/275160| archive-date = 2 May 2014| url-status = dead}} On 5 May, GE offered to buy one-fourth of the shares in Alstom's Indian power and distribution companies – Alstom T&D India and Alstom India – at 261.25 and 382.20 rupees a share (value US$278 million and $111 million respectively) subject to its bid for Alstom SA being successful.{{citation| url=https://www.reuters.com/article/alstom-india-general-electric-idUSL3N0NR0SG20140505| title = GE makes $389 mln share tender offer for Alstom's India units| date = 5 May 2014 |work = www.reuters.com| first=Devidutta| last=Tripathy}}

On 5 May 2014, the French government stated it did not back GE's bid, citing concerns on the future of Alstom's rail division as a smaller separate entity, suggesting that GE transfer its own rail division to Alstom; other concerns were over the civil nuclear field's national independence, and French jobs.{{citation| url = https://dealbook.nytimes.com/2014/05/05/france-says-it-opposes-g-e-s-bit-for-alstom-unit/| title = France Says It Opposes G.E.'s Bid for Alstom Unit| first = David| last = Jolly| date = 5 May 2014| work = dealbook.nytimes.com| access-date = 5 March 2017| archive-date = 27 August 2017| archive-url = https://web.archive.org/web/20170827003604/https://dealbook.nytimes.com/2014/05/05/france-says-it-opposes-g-e-s-bit-for-alstom-unit/| url-status = live}} On 14 May, France issued a decree (Décret n° 2014-479 du 14 mai 2014.{{refn|The decree was an amendment to the Code monétaire et financier (French), extending powers given by Decree No. 2005-1739 (30 December 2005);{{citation| url = http://www.legifrance.gouv.fr/affichTexte.do?cidTexte=LEGITEXT000006053051&dateTexte=20091028| title = Décret n°2005-1739 du 30 décembre 2005 réglementant les relations financières avec l'étranger et portant application de l'article L. 151-3 du code monétaire et financier| date = 31 December 2005| language = fr| work = www.legifrance.gouv.fr| access-date = 17 May 2014| archive-date = 20 January 2020| archive-url = https://web.archive.org/web/20200120125553/https://www.legifrance.gouv.fr/affichTexte.do?cidTexte=LEGITEXT000006053051&dateTexte=20091028| url-status = live}} the Décret n° 2014-479 du 14 mai 2014 relatif aux investissements étrangers.{{citation| url = http://www.legifrance.gouv.fr/affichTexte.do?cidTexte=JORFTEXT000028933611| title = Décret n° 2014-479 du 14 mai 2014 relatif aux investissements étrangers soumis à autorisation préalable| date = 16 May 2014| work = www.legifrance.gouv.fr| language = fr| access-date = 17 May 2014| archive-date = 25 June 2020| archive-url = https://web.archive.org/web/20200625200303/https://www.legifrance.gouv.fr/affichTexte.do?cidTexte=JORFTEXT000028933611| url-status = live}} was nicknamed the "décret Alstom", or the "décret Montebourg".{{citation| url = http://www.lemonde.fr/les-decodeurs/article/2014/05/16/au-fait-c-est-quoi-ce-decret-sur-les-investissements-strategiques_4419342_4355770.html?xtmc=alstom&xtcr=2| title = Au fait, c'est quoi ce décret sur les " investissements stratégiques " ?| work = www.lemonde.fr| date = 16 May 2014| language = fr| access-date = 17 May 2014| archive-date = 24 June 2020| archive-url = https://web.archive.org/web/20200624210640/https://www.lemonde.fr/les-decodeurs/article/2014/05/16/au-fait-c-est-quoi-ce-decret-sur-les-investissements-strategiques_4419342_4355770.html?xtmc=alstom&xtcr=2| url-status = live}} Arnaud Montebourg stated that the decree protected France's strategic interests and was the end of laissez-faire economic policy.{{citation| url = http://www.lemonde.fr/politique/article/2014/05/15/arnaud-montebourg-le-decret-sur-les-entreprises-c-est-du-laisser-faire_4419368_823448.html?xtmc=alstom&xtcr=9| title = Montebourg : " Le décret sur les entreprises, c'est la fin du laisser-faire "| date = 15 May 2014| first1 = David Revault| last1 = d'Allonnes| first2 = Cedric| last2 = Pietralunga| language = fr| work = www.lemonde.fr| quote = Le choix que nous avons fait, avec le premier ministre, est un choix de patriotisme économique. Ces mesures de protection des intérêts stratégiques de la France sont une reconquête de notre puissance. C'est la fin du laisser-faire| access-date = 17 May 2014| archive-date = 16 January 2020| archive-url = https://web.archive.org/web/20200116032823/https://www.lemonde.fr/politique/article/2014/05/15/arnaud-montebourg-le-decret-sur-les-entreprises-c-est-du-laisser-faire_4419368_823448.html?xtmc=alstom&xtcr=9| url-status = live}}|group="note"}}), nicknamed "décret Alstom", extending to power of the state to veto the takeover of "strategic interests" into areas of energy supply, water, transport, telecoms and public health. Both the French employer organisation MEDEF and the European Commissioner for Internal Market and Services (Michel Barnier) responded negatively to the decree.{{citation| url = http://www.boursier.com/actualites/economie/decret-alstom-une-mauvaise-idee-pour-gattaz-la-commission-europeenne-attentive-23966.html| title = Décret Alstom : une "mauvaise idée" pour Gattaz, la Commission européenne attentive| date = 15 May 2014| work = www.boursier.com| language = fr| access-date = 16 May 2014| archive-date = 17 May 2014| archive-url = https://web.archive.org/web/20140517125302/http://www.boursier.com/actualites/economie/decret-alstom-une-mauvaise-idee-pour-gattaz-la-commission-europeenne-attentive-23966.html| url-status = live}}{{citation| url = https://www.reuters.com/article/france-takeovers-idUKL1N0O02AC20140515| title = France grabs for power over Alstom future with new takeover law (update 5)| date = 15 May 2014| work = www.reuters.com| access-date = 5 July 2021| archive-date = 23 October 2021| archive-url = https://web.archive.org/web/20211023184240/https://www.reuters.com/article/france-takeovers-idUKL1N0O02AC20140515| url-status = live}}

On 16 June, Siemens and Mitsubishi Heavy Industries (MHI) submitted a competing offer for Siemens to acquire Alstom's gas turbine activities for €3.9 billion while MHI would form joint ventures with Alstom, acquiring 40%, 20% and 20% stakes in Alstom's steam and nuclear, electrical grid, and hydroelectric businesses respectively, for €3.1 billion. The proposal included an offer to buy a further 10% stake from shareholder Bouygues and an option to form a rail transport joint venture.{{citation| url=https://www.bbc.co.uk/news/business-27869762| title=Siemens and Mitsubishi launch Alstom gas bid| date=16 June 2014| work=BBC News| access-date=21 June 2018| archive-date=30 November 2018| archive-url=https://web.archive.org/web/20181130233732/https://www.bbc.co.uk/news/business-27869762| url-status=live}} On 19 June, GE revised its bid, matching the same price with a lower cash transaction value; it also proposed forming a joint venture of their renewable, electric grid, steam turbine and nuclear power businesses. GE announced a memorandum of understanding between the two firms in the rail sector and the sale of GE's rail signalling unit to Alstom.{{citation| url = https://www.bloomberg.com/news/2014-06-19/ge-offers-rail-signaling-to-alstom-to-win-deal-backing.html| title = GE reshapes Alstom offer to appease France| first1 = Natalie| last1 = Huet| first2 = Benjamin| last2 = Mallet| date = 19 June 2014| work = www.bloomberg.com| access-date = 5 March 2017| archive-date = 29 July 2014| archive-url = https://web.archive.org/web/20140729220208/http://www.bloomberg.com/news/2014-06-19/ge-offers-rail-signaling-to-alstom-to-win-deal-backing.html| url-status = live}} On 20 June, Siemens and MHI modified their bid, with MHI increasing its stake in Alstom's steam, hydro, and grid businesses to 40% in all three (total €3.9 billion) while Siemens increased its offer by €400 million to €4.3 billion.{{citation|url = http://www.siemens.com/press/pool/de/pressemitteilungen/2014/corporate/AXX20140650e.pdf|title = Mitsubishi Heavy Industries and Siemens specify proposal to Alstom|date = 20 June 2014|type = press release|publisher = Siemens / Mitsubishi Heavy Industries|access-date = 20 June 2014|archive-date = 13 July 2014|archive-url = https://web.archive.org/web/20140713134014/http://www.siemens.com/press/pool/de/pressemitteilungen/2014/corporate/AXX20140650e.pdf|url-status = live}} Subsequently, Economy minister Arnaud Montebourg stated he would block both bids, but the French government backed GE's offer and had given GE more specifications on commitments and guarantees; it also intended to buy two-thirds of Bouygues' shareholding (20%).Sources:

• {{citation| url = https://www.bbc.co.uk/news/business-27947089| title = Alstom: GE and French state agree to work on new offer| date = 20 June 2014| work = BBC News| access-date = 21 June 2018| archive-date = 23 September 2018| archive-url = https://web.archive.org/web/20180923034728/https://www.bbc.co.uk/news/business-27947089| url-status = live}}
• {{citation| url = http://www.ft.com/cms/s/0/735fd716-f893-11e3-815f-00144feabdc0.html| title = French government backs GE-Alstom deal| first1 = Hugh| last1 = Carnegy| first2 = Michael| last2 = Stothard| work = www.ft.com| date = 20 June 2014| access-date = 20 June 2014| archive-date = 22 June 2014| archive-url = https://web.archive.org/web/20140622135333/http://www.ft.com/cms/s/0/735fd716-f893-11e3-815f-00144feabdc0.html| url-status = live}}
• {{citation| url = http://www.lesechos.fr/industrie-services/industrie-lourde/0203582879208-alstom-letat-choisit-ge-et-prend-20-du-capital-du-groupe-1015488.php| language = fr| date = 20 June 2014| title = Alstom : l'État retient General Electric| work = www.lesechos.fr| access-date = 20 June 2014| archive-date = 21 June 2014| archive-url = https://web.archive.org/web/20140621034609/http://www.lesechos.fr/industrie-services/industrie-lourde/0203582879208-alstom-letat-choisit-ge-et-prend-20-du-capital-du-groupe-1015488.php| url-status = live}}
• {{citation| url = http://www.lemonde.fr/economie/article/2014/06/20/le-gouvernement-devient-le-principal-actionnaire-d-alstom_4442475_3234.html| title = L'État devient le principal actionnaire d'Alstom| language = fr| date = 20 June 2014| work = www.lemonde.fr| access-date = 20 June 2014| archive-date = 21 June 2014| archive-url = https://web.archive.org/web/20140621114521/http://www.lemonde.fr/economie/article/2014/06/20/le-gouvernement-devient-le-principal-actionnaire-d-alstom_4442475_3234.html| url-status = live}} The next day, Alstom's board backed GE's revised bid.{{citation|url= http://www.ft.com/cms/s/0/735fd716-f893-11e3-815f-00144feabdc0.html|title= Alstom board unanimously approves revised GE bid|first1= Hugh|last1= Carnegy|first2= Michael|last2= Stothard|first3= Ed|last3= Crooks|date= 21 June 2014|work= www.ft.com|access-date= 20 June 2014|archive-date= 22 June 2014|archive-url= https://web.archive.org/web/20140622135333/http://www.ft.com/cms/s/0/735fd716-f893-11e3-815f-00144feabdc0.html|url-status= live}}{{citation| url = https://www.reuters.com/article/alstom-offer-hollande-idUSL6N0P20FR20140621| title = Alstom backs GE bid as Bouygues stake deal takes shape (UPDATE 4)| first1 = Gilles| last1 = Guillaume| first2 = Elizabeth| last2 = Pineau| date = 21 June 2014| work = www.reuters.com| access-date = 5 July 2021| archive-date = 17 May 2021| archive-url = https://web.archive.org/web/20210517141215/https://www.reuters.com/article/alstom-offer-hollande-idUSL6N0P20FR20140621| url-status = live}} On 22 June, the French state agreed terms with Bouygues, buying a 20% stake in Alstom from Bouygues at a 2–5% discount on a minimum value of ≈€35 per share.{{refn|The 20% shareholding gave the state two seats on the board. The share purchase deal was for 20 months, after which the state was entitled to a 15% share at a similar markdown on the actual market price.|group="note"}}{{citation| url = https://www.reuters.com/article/us-alstom-ge-deal-idUSKBN0EY1E320140623| title = France secures Alstom stake option ahead of GE tie-up| first1 = Benjamin| last1 = Mallet| first2 = Laurence| last2 = Frost| work = www.reuters.com| date = 23 June 2014| access-date = 5 July 2021| archive-date = 17 May 2021| archive-url = https://web.archive.org/web/20210517054939/https://www.reuters.com/article/us-alstom-ge-deal-idUSKBN0EY1E320140623| url-status = live}}{{citation| url = https://www.reuters.com/article/us-alstom-ge-deal-option-idUSKBN0EX0YC20140622| title = France secures option to buy Alstom stake from Bouygues| date = 22 June 2014| work = www.reuters.com| access-date = 5 July 2021| archive-date = 18 May 2021| archive-url = https://web.archive.org/web/20210518154800/https://www.reuters.com/article/us-alstom-ge-deal-option-idUSKBN0EX0YC20140622| url-status = live}}{{citation| url = https://www.wsj.com/articles/france-clears-way-for-ge-alstom-deal-1403465505| title = France Lifts Hurdle to GE-Alstom Deal| date = 22 June 2014| first1 = Inti| last1 = Landauro| first2 = Stacy| last2 = Meichtry| work = online.wsj.com| access-date = 13 March 2017| archive-date = 18 January 2021| archive-url = https://web.archive.org/web/20210118174052/https://www.wsj.com/articles/france-clears-way-for-ge-alstom-deal-1403465505| url-status = live}}

Initially, the acquisition was expected to be finalised by early 2015. In early 2015, the EU Competition Commission began examining the deal.{{citation| url = https://www.reuters.com/article/alstom-ma-general-electric-eu-idUSL5N0VX3IY20150223| title = EU watchdog to examine GE's $14 bln Alstom deal more closely (UPDATE 2)| work = www.reuters.com| date = 23 February 2015| access-date = 5 July 2021| archive-date = 16 May 2021| archive-url = https://web.archive.org/web/20210516231915/https://www.reuters.com/article/alstom-ma-general-electric-eu-idUSL5N0VX3IY20150223| url-status = live}} Both EU and US competition regulators approved the deal by September 2015, subject to the divestiture of Alstom's large and very large gas turbine (GT26 and GT36 models) manufacturing and service business; and its GE7FA gas turbine aftermarket parts subsidiary business, Power Systems Mfg. LLC (PSM), to another company, Ansaldo Energia.{{citation| url = https://www.bloomberg.com/news/articles/2015-09-08/ge-wins-eu-approval-for-alstom-deal-after-asset-sales-pledge-iebfcatb| title = GE Wins Approval for Alstom Deal After Asset-Sales Pledge | first = Gaspard| last = Sebag| date = 8 September 2015| work = www.bloomberg.com}}{{citation| url =http://europa.eu/rapid/press-release_IP-15-5606_en.htm| title = Mergers: Commission clears GE's acquisition of Alstom's power generation and transmission assets, subject to conditions | date = 8 September 2015| work = europa.eu| type = press release}}

The sale of Alstom's energy division to GE was finalised on 2 November 2015; the final valuation being €12.4 billion, of which €9.7 billion was transferred to Alstom, the remainder being reinvested in GE/Alstom joint ventures plus other corrections. The acquired businesses were reorganised within GE's existing power generation business (GE Power & Water) as GE Power. The remainder of Alstom Group, including GE Signalling (acquired via a €700 million deal), refocused on rail transport.{{citation| url =http://www.alstom.com/press-centre/2015/11/alstom-refocused-on-rail-transport-with-strong-leadership-positions/| title = Alstom refocused on rail transport with strong leadership positions| date = 2 November 2015| work = www.alstom.com| type = press release}}{{citation| title = Alstom Power Combine to Form GE's Largest Digital Industrial Business, GE Power| url = http://www.genewsroom.com/press-releases/ge-power-water-and-alstom-power-combine-form-ge%27s-largest-digital-industrial-busine-0| type = press release| work = www.genewsroom.com| date = 2 November 2015| access-date = 2 November 2015}}{{Dead link|date=September 2019 |bot=InternetArchiveBot |fix-attempted=yes }}{{citation| url = http://www.genewsroom.com/press-releases/ge-completes-acquisition-alstom-power-and-grid-businesses-282159| title = GE COMPLETES ACQUISITION OF ALSTOM POWER AND GRID BUSINESSES| type = press release| work = www.genewsroom.com| date = 2 November 2015| access-date = 2 November 2015| archive-date = 6 November 2015| archive-url = https://web.archive.org/web/20151106180516/http://www.genewsroom.com/press-releases/ge-completes-acquisition-alstom-power-and-grid-businesses-282159| url-status = live}} Due to the acquisition, GE accrued $17.3bn of goodwill, consisting of Alstom's negative book value of $7.2bn at the time of acquisition and the $10.1bn purchase price. In October 2018, GE wrote-off $23bn from the value of its power industry division, largely attributed to the Alstom purchase.{{Cite news|url=https://www.railwaypro.com/wp/the-acquisition-of-ges-signalling-consolidates-alstoms-worldwide-position/|title=The acquisition of GE's signalling consolidates Alstom's worldwide position|newspaper=Railway PRO|date=2 November 2015|access-date=1 March 2022|archive-date=18 April 2022|archive-url=https://web.archive.org/web/20220418030228/https://www.railwaypro.com/wp/the-acquisition-of-ges-signalling-consolidates-alstoms-worldwide-position/|url-status=live}}

File:TGM M à gare de Lyon (3) (cropped).jpg is expected to enter service with the French train operator SNCF in TGV service in 2025]]

In November 2015, Alstom was awarded a contract by the Indian Railways to construct an electric locomotive factory in Madhepura (Bihar), receiving an initial order of 800 twin-section 9MW locomotives for use on the Eastern Dedicated Freight Corridor, valued at ₹190 billion (about US$2.9 billion). This factory was to be operated under a joint venture with the Ministry of Railways (26%) at a cost of ₹ 13 billion (roughly US$200 million).{{citation | url = http://www.railwaygazette.com/news/traction-rolling-stock/single-view/view/alstom-to-supply-800-electric-locos-to-indian-railways.html | title = Alstom to supply 800 electric locos to Indian Railways | date = 10 November 2015 | work = www.railwaygazette.com | access-date = 11 November 2015 | archive-date = 14 November 2015 | archive-url = https://web.archive.org/web/20151114234718/http://www.railwaygazette.com/news/traction-rolling-stock/single-view/view/alstom-to-supply-800-electric-locos-to-indian-railways.html | url-status = dead }}

In September 2015, it was announced that Amtrak would award Alstom a contract for $2.5 billion for the next generation high-speed train sets for the Northeast Corridor. This would result in the creation of 750 jobs across upstate New York with 400 direct manufacturing jobs at Alstom.{{cite web |url=http://www.eveningtribune.com/article/20150921/NEWS/150929980 |title=400 New jobs coming to Alstom |first=Jason |last=Jordan |newspaper=The Evening Tribune |date=21 September 2015 |access-date=22 September 2015 |archive-date=23 September 2015 |archive-url=https://web.archive.org/web/20150923085445/http://www.eveningtribune.com/article/20150921/NEWS/150929980 |url-status=live }} The order for 28 Avelia Liberty trainsets was officially confirmed in August 2016 by Amtrak.{{Cite web |url=http://media.amtrak.com/2016/08/1610/ |title=Amtrack Invests $2.4 Billion for Next-Gen High-speed Transets and Infrastructure Upgrades |publisher=Amtrak |date=25 September 2016 |access-date=5 September 2016 |archive-date=2 September 2016 |archive-url=https://web.archive.org/web/20160902122506/http://media.amtrak.com/2016/08/1610/ |url-status=live }} These trainsets are manufactured at Alstom's plant in Hornell, New York.{{cite news |title=Amtrak puts $2 billion On the Line |first=Ted |last=Mann |newspaper=The Wall Street Journal |date=13 May 2019 |page=A3}}

In March 2016, a joint venture of Alstom and Gibela began construction of a new {{convert|60000|m2}} train building factory in Dunnotar, outside of Johannesburg, South Africa. Initial orders for the factory included 580 X'Trapolis Mega passenger trains for Passenger Rail Agency of South Africa under a €4 billion contract that was awarded in 2013.{{citation| url = http://www.europeanrailwayreview.com/26686/rail-industry-news/alstom-jv-begins-construction-south-africa-train-manufacturing-site/| date = 7 March 2016| title = Alstom JV begins construction on South African suburban trains manufacturing site| work = www.europeanrailwayreview.com| access-date = 8 September 2016| archive-date = 13 September 2016| archive-url = https://web.archive.org/web/20160913164400/http://www.europeanrailwayreview.com/26686/rail-industry-news/alstom-jv-begins-construction-south-africa-train-manufacturing-site/| url-status = live}}

In September 2016, Alstom announced it was to cease locomotive manufacturing at its Belfort (France) site by 2018 due to low orders; remaining production activity was to be transferred to its facility of Alstom DDF in Reichshoffen, Alsace.{{citation| url = http://www.railwaygazette.com/news/business/single-view/view/alstom-to-cease-locomotive-production-at-belfort.html| title = Alstom to cease locomotive production at Belfort| date = 8 September 2016| work = www.railwaygazette.com| access-date = 8 September 2016| archive-date = 9 September 2016| archive-url = https://web.archive.org/web/20160909180343/http://www.railwaygazette.com/news/business/single-view/view/alstom-to-cease-locomotive-production-at-belfort.html| url-status = live}} However, during October 2016, the French state placed an order of about €650 million for 15 TGV Euroduplex trains; an order for 20 locomotives; plus an order for 30 intercity trains to be built at Reichshoffen. Together, these orders were sufficient to prevent the Belfort plant's closure in the short to medium term.{{citation| url = http://www.railjournal.com/index.php/europe/alstom-belfort-plant-rescued-with-tgv-order.html| title = Alstom Belfort plant rescued with TGV order| first = Keith| last = Barrow| date = 4 October 2016| work = www.railjournal.com| access-date = 4 October 2016| archive-date = 8 October 2016| archive-url = https://web.archive.org/web/20161008140035/http://www.railjournal.com/index.php/europe/alstom-belfort-plant-rescued-with-tgv-order.html?| url-status = live}}{{citation| url = https://www.bloomberg.com/news/articles/2016-10-04/france-to-order-alstom-tgv-trains-to-help-prevent-factory-halt| title = Alstom to Scrap Belfort Plan After France Pledges New TGV Orders| first = Ania| last = Nussbaum| date = 4 October 2016| work = www.bloomberg.com| access-date = 5 March 2017| archive-date = 24 October 2016| archive-url = https://web.archive.org/web/20161024075453/http://www.bloomberg.com/news/articles/2016-10-04/france-to-order-alstom-tgv-trains-to-help-prevent-factory-halt| url-status = live}}

In June 2017, Alstom opened the largest train modernisation facility in the UK at Halebank on the outskirts of Liverpool. Initial work involved the repainting of the Class 390 Pendolinos.{{Citation| url = http://alstom-widnes.co.uk/| title = Alstom in Widnes| access-date = 1 July 2017| publisher = Alstom| archive-url = https://web.archive.org/web/20170523104128/http://alstom-widnes.co.uk/| archive-date = 23 May 2017| url-status = dead}}{{Citation | date = 29 June 2017 | title = Alstom opens UK's largest train modernisation facility in Widnes | periodical = Rail Technology Magazine | publisher = Cognitive Publishing | url = http://www.railtechnologymagazine.com/Rail-News/alstom-opens-uks-largest-train-modernisation-facility-in-widnes- | access-date = 1 July 2017}}

On 12 November 2024, Alstom announced on their official website that the first of 35 fully automated Metropolis trains has been delivered to Taiwan. The four-car stainless-steel train can carry up to 700 passengers, including 108 seated, with speeds up to 100 km/h.{{Cite web |title=Alstom successfully delivers the first trainset for Taipei Wanda Line |url=https://www.alstom.com/press-releases-news/2024/11/alstom-successfully-delivers-first-trainset-taipei-wanda-line |access-date=2024-11-18 |website=Alstom |language=en |archive-date=19 November 2024 |archive-url=https://web.archive.org/web/20241119222253/https://www.alstom.com/press-releases-news/2024/11/alstom-successfully-delivers-first-trainset-taipei-wanda-line |url-status=live }}

On 26 September 2017, Alstom announced a proposal to merge with Siemens Mobility, the rolling stock division of German conglomerate Siemens; this merger was promoted as the creation of "a new European champion in the rail industry".{{Cite web |url=http://www.alstom.com/press-centre/2017/09/siemens-and-alstom-join-forces-to-create-a-european-champion-in-mobility/ |title=Siemens and Alstom join forces to create a European Champion in Mobility |date=26 September 2017 |website=Alstom.com |access-date=10 February 2018 |archive-date=10 February 2018 |archive-url=https://web.archive.org/web/20180210062435/http://www.alstom.com/press-centre/2017/09/siemens-and-alstom-join-forces-to-create-a-european-champion-in-mobility/ |url-status=live }} The combined rail business, which was to have been reportedly named Siemens Alstom and headquartered in Paris, would have $18 billion U.S. in revenue and employ 62,300 people in more than 60 countries.{{Cite news |url=https://www.thestar.com/business/2017/09/26/european-railway-manufacturers-siemens-and-alstom-confirm-merger-deal.html |title=European railway manufacturers Siemens and Alstom confirm merger deal |last=Marowits |first=Ross |date=26 September 2017 |work=The Toronto Star |language=en-CA |issn=0319-0781 |archive-date=10 February 2018 |access-date=10 February 2018 |archive-url=https://web.archive.org/web/20180210062226/https://www.thestar.com/business/2017/09/26/european-railway-manufacturers-siemens-and-alstom-confirm-merger-deal.html |url-status=live }} During November 2018, the European Commission voiced its concerns surrounding the proposed merger of the two companies, particularly that the combined entity would be too dominant in the European market; alleged impacts from such dominance included potential increases in passenger fares and cargo fees. Furthermore, a series of popular protests concerning the financial reforms of both the French territorial railway infrastructure and SNCF occurred.{{Cite news |url=https://www.politico.eu/article/alstom-siemens-merger-eu-slams-plans/ |title=EU slams Alstom-Siemens rail mega-merger plans |last1=Larger |first1=Thibault |date=13 November 2018 |work=Politico |last2=Oroschakoff |first2=Kalina |archive-date=13 November 2018 |access-date=14 November 2018 |archive-url=https://web.archive.org/web/20181113230941/https://www.politico.eu/article/alstom-siemens-merger-eu-slams-plans/ |url-status=live }}

The proposed merger was viewed by some as a measure to counter the rise of rival Chinese rail business CRRC; it reportedly received support from many figures within both the French and German governments.{{Cite news|last=Altmeyer|first=Alexander Hübner, Cyril|date=2017-09-27|title=Alstom, Siemens to merge rail businesses to counter China's CRRC|language=en|work=Reuters|url=https://www.reuters.com/article/us-alstom-siemens-stocks-idUSKCN1C10PG|access-date=2021-09-19}} The transaction, which was originally due to close by the end of 2018, was met with opposition by French trade union officials who voiced their concerns that such a merger would have the potential for job losses.{{Cite news |url=https://www.reuters.com/article/us-alstom-siemens-unions/french-trade-unions-voice-opposition-to-alstom-siemens-tie-up-deal-idUSKBN1FJ1RI |title=French trade unions voice opposition to Alstom/Siemens tie-up deal |date=30 January 2018 |work=Reuters |archive-date=10 February 2018 |access-date=10 February 2018 |archive-url=https://web.archive.org/web/20180210120951/https://www.reuters.com/article/us-alstom-siemens-unions/french-trade-unions-voice-opposition-to-alstom-siemens-tie-up-deal-idUSKBN1FJ1RI |url-status=live }} On 17 July 2018, Alstom shareholders overwhelmingly approved the proposed merger with Siemens.{{Cite news |url=https://www.railwayage.com/news/alstom-shareholders-approve-siemens-merger/ |title=Alstom shareholders approve Siemens merger |last=Senese |first=Kyra |date=18 July 2018 |work=Railway Age |language=en |archive-date=22 July 2018 |access-date=22 July 2018 |archive-url=https://web.archive.org/web/20180722070139/https://www.railwayage.com/news/alstom-shareholders-approve-siemens-merger/ |url-status=live }} On 6 February 2019, the planned merger between the two companies was vetoed by the European Commission.{{Cite news |url=https://www.ft.com/content/6e344f6a-29fd-11e9-88a4-c32129756dd8/ |archive-url=https://ghostarchive.org/archive/20221210/https://www.ft.com/content/6e344f6a-29fd-11e9-88a4-c32129756dd8/ |archive-date=10 December 2022 |url-access=subscription |url-status=live |title=EU blocks planned Siemens-Alstom rail deal in landmark decision |last=Toplensky |first=Rochelle |date=6 February 2019 |work=Financial Times |language=en}} In response to this ruling, Alstom's Chief Executive Officer Henri Poupart-Lafarge stated that he viewed the decision to block the merger was a result of "ideological prejudices".{{Cite news |url=https://www.bloomberg.com/opinion/articles/2019-02-06/alstom-and-siemens-show-how-not-to-deal-with-china-and-vestager |title=Alstom and Siemens Show How Not to Deal With China |last=Fickling |first=David |date=6 February 2019 |work=Bloomberg |language=en |archive-date=6 February 2019 |access-date=7 February 2019 |archive-url=https://web.archive.org/web/20190206230737/https://www.bloomberg.com/opinion/articles/2019-02-06/alstom-and-siemens-show-how-not-to-deal-with-china-and-vestager |url-status=live }}

In mid-February 2020, Alstom announced that it had signed a Memorandum of Agreement to buy Bombardier Transportation, the multinational train maker headquartered in Berlin, Germany for between €5.8 billion and €6.2 billion. The deal required the approval by Alstom shareholders at a meeting to be held in October 2020 and approval by European regulators. Bombardier's major shareholder, Caisse de dépôt et placement du Québec, had already agreed to the sale.{{cite web |url=https://www.cbc.ca/news/canada/montreal/bombardier-sells-train-making-division-to-french-multinational-alstom-1.5466643 |title=Bombardier sells train-making division to French multinational Alstom |date=17 February 2020 |publisher=CBC News |access-date=18 February 2020 |archive-date=18 February 2020 |archive-url=https://web.archive.org/web/20200218012408/https://www.cbc.ca/news/canada/montreal/bombardier-sells-train-making-division-to-french-multinational-alstom-1.5466643 |url-status=live }}{{cite web |url=http://www.railtechnologymagazine.com/Awards-contracts-appointments/alstom-to-take-over-bombardier |title=Alstom to take over Bombardier |date=18 February 2020 |publisher=Rail Technology |access-date=18 February 2020 }}{{dead link|date=February 2021 |bot=InternetArchiveBot |fix-attempted=yes }}

In July 2020, it was announced that the EU competition authorities had approved the purchase. To finish the deal, Alstom had to sell the Alstom DDF factory based in France, a regional train division, a Bombardier facility in Germany, and a Bombardier trains division. The company also had to provide guarantees and pass on some of Bombardier's assets.{{cite news|url=https://www.ft.com/content/e1ef9d6f-a0cd-4c9b-a13e-525a728758ca |archive-url=https://ghostarchive.org/archive/20221210/https://www.ft.com/content/e1ef9d6f-a0cd-4c9b-a13e-525a728758ca |archive-date=10 December 2022 |url-access=subscription |url-status=live|title= EU approves Alstom-Bombardier deal to create train-making giant |work=Financial Times|last1=Keohane|first1=David|last2=Espinoza|first2=Javier|date=31 July 2020|access-date=31 July 2020|location=Brussels}}

Alstom has developed a ground-level power supply (alimentation par le sol - APS) system for use with buses and other vehicles.{{cite web|url=https://www.railinsider.co.uk/2019/09/26/alstom-transfers-tram-power-supply-technology-to-buses/|title=Alstom transfers tram power supply technology to buses|work=Rail Insider|date=26 September 2019|access-date=29 November 2020|archive-date=29 November 2020|url-status=live|archiveurl=https://web.archive.org/web/20201129165355/https://www.railinsider.co.uk/2019/09/26/alstom-transfers-tram-power-supply-technology-to-buses/}} The system has been tested for compatibility with snow plows and for safety under exposure to snow, ice, salting, and saturated brine.{{citation |url=https://proceedings-calgary2022.piarc.org/ressources/files/2/IP0063-DUPRAT-E-Full.pdf |title=Compatibility of an in-road Electric Road System with winter service operations |author=Patrick Dupart |publisher=PIARC |others=Alstom |date=February 11, 2022}} The eRoadMontBlanc project is set to trial Alstom's electric road system on the public road RN205{{citation |url=https://www.atmb.com/press_release/atmb-shell-mise-en-service-station-gaz-naturel-liquefie-gnl/ |title=Les aides proposées par ATMB à ses clients légers et lourds pour la décarbonation des transports |date=June 30, 2023 |website=ATMB |access-date=15 July 2023 |archive-date=15 July 2023 |archive-url=https://web.archive.org/web/20230715025926/https://www.atmb.com/press_release/atmb-shell-mise-en-service-station-gaz-naturel-liquefie-gnl/ |url-status=live }} on trucks and other vehicles in the Rhône-Alpes region between 2024 and 2027. This is anticipated to be the first public electric road in France.{{citation |url=https://trm24.fr/lancement-du-projet-de-recherche-eroadmontblanc/ |title=L'APS d'Alstom bientôt testé sur les routes |author=Jean-Philippe Pastre |website=TRM24 |date=June 30, 2023 |access-date=15 July 2023 |archive-date=10 July 2023 |archive-url=https://web.archive.org/web/20230710114903/https://trm24.fr/lancement-du-projet-de-recherche-eroadmontblanc/ |url-status=live }}

Alstom plans in 2024 to issue €1.75 billion of shares and bonds to reduce its debt, which was at risk of a credit downgrade into junk bond status.{{cite news |url=https://www.telegraph.co.uk/business/2024/05/08/alstom-french-owner-britain-big-train-factory-raise-funds/ |title=French owner of Britain's biggest train factory to raise £1.5bn amid race to pay off debt |last=Jasper |first=Christopher |newspaper=The Daily Telegraph |url-access=subscription |date=8 May 2024 |access-date=8 May 2024 |archive-date=8 May 2024 |archive-url=https://web.archive.org/web/20240508120153/https://www.telegraph.co.uk/business/2024/05/08/alstom-french-owner-britain-big-train-factory-raise-funds/ |url-status=live }}

Alstom Transport develops and markets a complete range of systems, equipment, and service in the railway industry. The division had annual sales of €5.5 billion in 2013.{{cite news|title=GE Offers New Talks With France Over Alstom bid|first=Paul|last=Whitfield|date=6 May 2014|work=The Street|url=http://www.thestreet.com/story/12696869/1/ge-offers-new-talks-with-france-over-alstom-bid.html|access-date=24 June 2014|archive-date=4 August 2014|archive-url=https://web.archive.org/web/20140804101302/http://www.thestreet.com/story/12696869/1/ge-offers-new-talks-with-france-over-alstom-bid.html|url-status=live}} It is one of the world's largest manufacturers of high-speed trains, tramways and metros, electrical and diesel trains, information systems, traction systems, power supply systems, and track work. The company also operates in the rail infrastructure market, designing, producing, and installing infrastructure for the rail network. These include information solutions, electrification, communication systems, track laying, station utilities, as well as workshops and depots. Maintenance, rebuilding, and renovation services are also provided by the company. Alstom Transport operates in 70 countries and employs 26,000 people.{{cite web|title=Green ambition|work=Railway Strategies|url=http://www.railwaystrategies.co.uk/article-page.php?contentid=10193&issueid=317|access-date=24 June 2014|archive-date=15 July 2014|archive-url=https://web.archive.org/web/20140715130258/http://www.railwaystrategies.co.uk/article-page.php?contentid=10193&issueid=317|url-status=live}}

Notable products includes series production of the TGV high-speed trains with over 650 trainsets sold over 25 years, as well as the London Underground 1995 Stock, London Underground 1996 Stock, British Rail Class 390 and AGV.{{cite news|title=Sarkozy backs Alstom's Grande Vitesse|work=Railway People|date=14 February 2008|url=http://www.railwaypeople.com/rail-news-articles/sarkozy-backs-alstom-s-grande-vitesse-1503.html|access-date=24 June 2014|archive-date=14 July 2014|archive-url=https://web.archive.org/web/20140714220149/http://www.railwaypeople.com/rail-news-articles/sarkozy-backs-alstom-s-grande-vitesse-1503.html|url-status=live}}

Since a merger with General Railway Signal in 1998, Alstom has been manufacturing railway signaling equipment at a former GRS factory located in a suburb near Rochester, New York. After the merger with GE signaling the manufacturing was transferred to Missouri, and GRS factory kept engineering the GRS legacy products.

Since 2002, Alstom has manufactured the Pendolino tilting train, following the acquisition of Fiat Ferroviaria.

The company also produces Citadis trams; in 2007, over 1,100 Citadis trams were in use by 28 cities including Dublin, Algiers, Barcelona, Melbourne, Rotterdam and Paris.{{cite news|title=Alstom to supply Citadis tramways in Oran and Constantine|date=18 November 2007|publisher=Visit Oran|url=http://www.visitoran.com/news/article.asp?174|access-date=24 June 2014|archive-url=https://web.archive.org/web/20140717235736/http://www.visitoran.com/news/article.asp?174|archive-date=17 July 2014|url-status=dead}}

Between 2007 and 2010, the company produced 1,002 R160A New York City subway cars at its manufacturing plant in Hornell, New York, while the body shells were built at their Lapa plant, in São Paulo, Brazil. In 2013, Alstom was awarded the contract to supply 168 coaches to Chennai Metro at a cost of {{INRconvert|1470|c}}. The company also owns the tender for supplying coaches to Kochi Metro.

In September 2015, it was announced in Hornell, New York, by Senator Charles Schumer (D-NY) that Amtrak will be awarding Alstom a contract for $2.45 billion for the next-generation high-speed train sets for the Northeast Corridor. This would result in the creation of 750 jobs across upstate New York with 400 direct manufacturing jobs at Alstom.{{cite news|url=http://www.eveningtribune.com/article/20150921/NEWS/150929980|title=400 New jobs coming to Alstom|first=Jason JordanThe Evening|last=Tribune|newspaper=The Evening Tribune|access-date=19 December 2018|archive-date=1 September 2018|archive-url=https://web.archive.org/web/20180901050122/http://www.eveningtribune.com/article/20150921/NEWS/150929980|url-status=live}}{{cite web|url=https://www.schumer.senate.gov/newsroom/press-releases/schumer-announces-amtrak-is-set-to-select-hornells-alstom-as-part-of-25-billion-program-to-build-safer-next-generation-high-speed-trains-senator-says-project-will-create-750-jobs-including-400-direct-manufacturing-jobs-at-alstom-in-hornell-|title=SCHUMER ANNOUNCES: AMTRAK IS SET TO SELECT HORNELL'S ALSTOM AS PART OF $2.5 BILLION PROGRAM TO BUILD SAFER, NEXT GENERATION HIGH-SPEED TRAINS; SENATOR SAYS PROJECT WILL CREATE 750 JOBS INCLUDING 400 DIRECT MANUFACTURING JOBS AT ALSTOM IN HORNELL – U.S. Senator Chuck Schumer of New York|website=Schumer.senate.gov|date=21 September 2015 |access-date=19 December 2018}} The new trainsets will be able to reach speeds up to 186 mph and feature active tilting technology. The 28 new train sets are scheduled to enter service by 2023.{{Cite web|url=http://media.amtrak.com/2016/08/1610/|title=AMTRAK INVESTS $2.4 BILLION FOR NEXT-GEN HIGH-SPEED TRAINSETS AND INFRASTRUCTURE UPGRADES|website=Media.amtrak.com|date=26 August 2016|access-date=15 October 2016|archive-date=11 October 2016|archive-url=https://web.archive.org/web/20161011225333/http://media.amtrak.com/2016/08/1610/|url-status=live}}

Next-generation high-speed trains under development by Alstom are the Avelia family: ETR 675, Avelia Horizon and Avelia Liberty.

Ottawa LRT cars Alstom Citadis Spirit are manufactured in Hornell, but assembly completed in Ottawa, Ontario, and Brampton, Ontario.

{{Columns-start}}

EMU and DMU

• Current product families:
• Avelia (high-speed trainsets)
• Avelia Horizon
• Avelia Liberty
• Avelia Stream
• AGV
• New Pendolino
• Zefiro
• Adessia (commuter trains)
• Adessia Stream
• Adessia Max
• Adessia Coach
• Aventra
• British Rail Class 345
• British Rail Class 701
• British Rail Class 720
• British Rail Class 730
• Coradia
• Arlanda Express X3
• SJ X40
• Skånetrafiken X61
• Storstockholms Lokaltrafik X60
• Coradia Stream
• NS Intercity Nieuwe Generatie
• {{Interlanguage link|DSB ES|lt=DSB ES (IC5)|de|DSB ES|WD=}}
• X'Trapolis
• VLocity 160
• Namo Bharat
• Former products:
• Alstom Prima
• Acela Express (joint venture with Bombardier)
• British Rail Class 175
• British Rail Class 180
• British Rail Class 334
• British Rail Class 390
• British Rail Class 458
• British Rail Class 460
• IÉ 2700 and 2750 Classes
• IÉ 8200 Class
• TGV trains:
• Avelia Euroduplex
• SNCF TGV Duplex
• SNCF TGV Sud-Est
• SNCF TGV Atlantique
• SNCF TGV Reseau
• SNCF TGV POS
• TGV TMST
• Renfe S100/101
• TGV-K
• Thalys PBKA
• Thalys PBA
• Z-TER

{{Column}}

Locomotives

• Alstom Traxx
• GA DE900 locomotives
• PL42AC
• ALP-45DP
• HHP-8 (joint venture with Bombardier)
• SBB-CFF-FFS Am 841
• Indian locomotive class WAG-12
• NS Class 1100
• NS Class 1300
• NS Class 1600
• NS Class 1700
• {{Interlanguage link|NS Class 2400 (1954)|lt=NS Class 2400|nl|NS 2400|WD=}}

Metro/subway

• Paris Metro rolling stock
• MP 59
• MF 77
• MF 88
• MF 2000
• Caracas Metro rolling stock
• Alsthom Atlantique S10000
• Alsthom Atlantique S20000
• GEC Alstom-Siemens AG S30000
• Alstom-Bombardier S40000
• Alstom-Bombardier S80000
• Alstom-Bombardier S50000
• Alstom Metropolis
• C751A
• C751C
• C830
• C830C
• C851E
• Barcelona Metro 7000 Series
• Barcelona Metro 8000 Series
• Barcelona Metro 9000 Series
• Buenos Aires Underground 100 Series
• Buenos Aires Underground 300 Series
• Caracas Metro Alstom Metropolis S90000
• BM4
• MP 89
• MF 01 (MF 2000)
• MP 05
• MP 14
• MR3V/MR6V
• MRV
• MF 19
• NS 93
• {{ill|AS 2002|es|AS-2002}}
• {{ill|NS 2004|es|NS-2004}}
• AM5-M2
• AM4-M4
• M5 Series
• SydneyMetro-Metropolis Stock
• Alstom Metropolis Saint-Laurent
• Bay Area Rapid Transit C1 Series
• London Underground 1995 Stock
• London Underground 1996 Stock
• NYC Subway:
• R68 (joint venture with Westinghouse, ANF, and Jeumont Schneider)
• R160A
• Washington Metro 6000-series
• Montreal Metro MPM-10 (joint venture with Bombardier)
• Alstom Movia

Light rail / trams

• Alstom Citadis
• Alstom Flexity
• Alstom Innovia – fully automated transportation systems
• Innovia APM
• Innovia Metro
• Innovia Monorail

Passenger coaches

• Bombardier BiLevel Coach
• Surfliner (railcar)
• Comet V
• GEC Alstom Push-Pull Coach (on Israel Railways from 1996 to 2022)
• Bombardier MultiLevel Coach

{{Columns-end}}

Alstom power activities were collectively called Alstom Power Systems and included the design, manufacturing, services, and supply of products and systems for the power generation sector and industrial markets. The group covered most energy sources, including gas, coal, nuclear, hydro, wind. Power Systems provided components for power generation including boilers, steam turbines, and gas turbines, wind turbines, generators, air quality control systems, and monitoring and control systems for power plants, as well as related products. It had a special focus on boilers and emissions control equipment.

Power Systems also provided services such as product retrofitting for nuclear and fossil steam turbines and refurbishment of existing power plants. It performed maintenance and servicing under long-term agreements for its own turbines, as well as those manufactured by GE and Siemens.

In Russia, the company serviced nuclear equipment under a joint agreement with Atomenergomash and provided technology transfer for a project of floating nuclear power plants.{{Cite web |date=2007-04-02 |title=Alstom forms joint venture with Russia's Atomenergomash |url=https://www.world-nuclear-news.org/Articles/Alstom-forms-joint-venture-with-Russia-s-Atomenerg |access-date=2023-10-31 |website=World Nuclear News |archive-date=1 October 2023 |archive-url=https://web.archive.org/web/20231001175129/https://www.world-nuclear-news.org/Articles/Alstom-forms-joint-venture-with-Russia-s-Atomenerg |url-status=live }} In Brazil, Alstom, together with Bardella, ran a joint venture called Indústria Metalúrgica e Mecânica da Amazônia to build hydroelectric power plants throughout the Amazon and Latin American regions. In India, Alstom had a joint venture with Bharat Forge to manage power production from start to finish.{{cite web|title=Alstom (ALO:Euronext Paris) Company Description|work=Business Week|url=http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=ALO:FP|archive-url=https://archive.today/20140625022420/http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=ALO:FP|url-status=dead|archive-date=25 June 2014|access-date=24 June 2014}}

In 2015, the entire power sector was taken over by General Electric.

A third business section based on power transmission was formed on 7 June 2010 with the acquisition of the transmission business of Areva SA. The division manufactures equipment for the entire chain of electrical power transmission, including ultra-high voltage transmission lines (both AC and DC).

Alstom Grid is headquartered at La Défense, the business district west of Paris, and has four main businesses: electrical transmission system products, power electric system, automation, and service. Alstom Grid has roughly 10% of the global market share.{{cite news|title=Whoever wins Alstom power assets, industry faces shakeout|first=Geert|last=De Clercq|work=Reuters|date=29 April 2014|url=https://www.reuters.com/article/us-alstom-offer-competition-idUSBREA3S0PU20140429|access-date=24 June 2014|archive-date=24 May 2017|archive-url=https://web.archive.org/web/20170524132113/http://www.reuters.com/article/us-alstom-offer-competition-idUSBREA3S0PU20140429|url-status=live}}

In 2015, the grid division was taken over by General Electric and renamed as GE Grid Solutions.

Alstom was listed on the London, New York and Paris Stock Exchanges when it was floated on 22 June 1998.{{cite web|url=http://www.alstom.com/press-centre/1999/5/ALSTOM-1998-1999-A-year-of-solid-results-19990526/|title=ALSTOM 1998/1999 : A year of solid results|access-date=24 June 2014|website=Alstom.com|archive-date=30 July 2014|archive-url=https://web.archive.org/web/20140730175217/http://www.alstom.com/press-centre/1999/5/ALSTOM-1998-1999-A-year-of-solid-results-19990526/|url-status=live}} Following the financial reconstruction in 2003, the company remained listed on the Paris Stock Exchange, but was delisted from the London Stock Exchange on 17 November 2003 and the New York Stock Exchange in August 2004.{{cite web |url=http://www.trustnet.com/Investments/Article.aspx?id=200309261600152457Q |title=Alstom Re Secondary Listing |website=Trustnet.com |access-date=25 June 2014 |archive-date=13 July 2014 |archive-url=https://web.archive.org/web/20140713204135/http://www.trustnet.com/Investments/Article.aspx?id=200309261600152457Q |url-status=live }}{{cite news|title=Alstom takeover, French government slams brakes|work=Market Business News|date=27 April 2014|url=http://marketbusinessnews.com/alstom-takeover-french-government-slams-brakes/19514|access-date=24 June 2014|first=Marie|last=Singer|archive-date=12 July 2014|archive-url=https://web.archive.org/web/20140712173112/http://marketbusinessnews.com/alstom-takeover-french-government-slams-brakes/19514|url-status=live}}

{{reflist|group="note"}}

{{Reflist}}

• {{citation| title = Alcatel Alsthom Compagnie Générale d'Electricité|work = International Directory of Company Histories| volume =9|publisher=St. James Press|year= 1994|ref=idch1994}}

{{Commons category}}

• {{Official website}}

{{CAC 40 companies}}

{{Railway signalling}}

{{Portalbar|Companies|France}}

{{Authority control}}

Category:French companies established in 1928

Category:Vehicle manufacturing companies established in 1928

Category:CAC 40

Category:Companies listed on Euronext Paris

Category:Companies formerly listed on the London Stock Exchange

Category:Companies formerly listed on the New York Stock Exchange

Category:Engineering companies of France

Category:Rolling stock manufacturers of France

Category:Rail infrastructure manufacturers

Category:Railway signalling manufacturers

Category:Conglomerate companies of France

Category:Multinational companies headquartered in France

Category:Conglomerate companies established in 1928

Category:French brands

Category:Former cross-listed companies

Category:Electric motor manufacturers