SPANISH train builder Talgo and High Speed Two (HS2) have come to a ‘mutually acceptable resolution’ regarding their ongoing court case in Britain.

Talgo, one of five bidders shortlisted for the £2.75bn contract for around 54 classic-compatible trains for the HS2 project, brought proceedings against HS2 Ltd in March concerning the rolling stock manufacture and maintenance procurement.

Mr Jon Veitch, Talgo UK managing director said: “Talgo remains fully committed to the UK rail industry and wishes HS2 well in delivering this significant and important project.”

Asked by IRJ if the company was still bidding for the HS2 contract, which is due to be announced this year, a Talgo spokesman said no further comment would be made.

The company’s plans to build a factory at Longannet, Scotland, do not rely on whether it was successful in bidding for the HS2 contract.