1.1.3 Contract wins at VINCI Energies, Cobra IS and VINCI Construction
Order intake at VINCI Energies, Cobra IS and VINCI Construction totalled €55.7 billion in 2022, up 32% year on year (up 13% excluding Cobra IS). At VINCI Energies, it amounted to a record €17.9 billion (up 12%). Order intake at VINCI Construction (up 13% at €29.8 billion) and Cobra IS (€8.0 billion) also rose sharply thanks to the good performance of flow business activities and the major contracts won in recent months. It was not held back by the Group’s selective policy regarding new business.
Among the contracts won by the Group in 2022, the most significant were those listed below.
VINCI Energies
- Multi-service network and monitoring systems for Line 18 of the Grand Paris Express.
- Technical installations and maintenance of a new swimming pool in the Grasduinen recreation park in Belgium. The 3,000 sq. metre building will be CO₂-neutral because of the 761 solar panels on its roof.
- M&E design and build packages for Phase 2 of the buildings at Mohammed VI Polytechnic University in Rabat, Morocco.
- Electrical system works for a data centre in Singapore.
- Reconstruction of the Five Forks to Windy Edge transmission line in Maryland, United States.
- EPC (engineering, procurement and construction) contract for the power supply of a ferry operator’s terminal in the port of Rotterdam.
- Management of the city of Lisbon’s public transport network, including smart ticketing systems and a leading-edge IoT (internet of things) architecture, which will control the network’s components remotely.
- Turnkey construction of several electrical installations in Kuwait, forming part of the project to interconnect the power systems of the Gulf Cooperation Council countries and its extension to Iraq.
- Rural electrification contracts in Rwanda, financed by the World Bank and Agence Française de Développement.
Cobra IS
- Construction and maintenance contract for the electromechanical infrastructure of the Fehmarnbelt Fixed Link road and rail tunnel between Denmark and Germany.
- Design-build contract for Germany’s first liquefied natural gas (LNG) regasification terminal at the mouth of the Elbe on the North Sea.
- Public-private partnership (PPP) contract in the state of Minas Gerais in Brazil, to finance, design and build six 500 kV power transmission lines over a distance of 1,020 km, and then operate and maintain them over a 30-year period.
- Contract to design and build 1,000 km of high-voltage transmission lines, also in the state of Minas Gerais in Brazil.
- Contract to design, build and install two windfarm energy converter platforms in the North Sea, with total capacity of nearly 2 GW, for Amprion Offshore in association with Siemens Energy.
In January 2023, Cobra IS also announced that it had won a design-build-install contract for two further converter platforms in the North Sea with total capacity of 4 GW, also for Amprion Offshore and in association with Siemens Energy.
VINCI Construction
- Several road and motorway projects in Australia:
- works on access areas and landside civil and building works at the future Western Sydney International airport;
- construction of a section of the new M12 motorway that will connect the future airport with Sydney’s motorway network;
- upgrading of the Healesville-Koo Wee Rup Road east of Melbourne.
- Construction of the Springbank reservoir in the Canadian province of Alberta.
- First phase of extension and modernisation work on the Princess Grace hospital complex in Monaco.
- Construction of several units of the new Nantes university hospital.
- Upgrading of a 93 km section of Côte d’Ivoire’s Abidjan–San Pédro coastal road.
- Fit-out work on the three aboveground stations of the future Line 18 of the Grand Paris Express south of the city.
- Design and construction of road infrastructure for the Penlink project north of Auckland in New Zealand.
- Contract to build a section of the new Ontario Line subway in Toronto, Canada.
- Groundworks contract for a major property development on Hong Kong’s new seafront.
- Design-build contract relating to drinking water infrastructure in Uganda.
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- Construction of non-motorised transport and climate-resilient infrastructure in the port of Wellington, New Zealand.
1.1.4 Other highlights in the Energy and Construction businesses
Cobra IS
In renewable energies, work began on the Belmonte solar farm being developed by Cobra IS in Brazil. The facility will have a capacity of 570 MW and will start to produce electricity in mid-2023. In addition, at the end of 2022, Cobra IS obtained all permits (of which land use permits, environmental authorisations and grid connection approvals) for a number of new photovoltaic projects, with a combined capacity of around 1.4 GW: Raios do Parnaíba and Mundo Novo, both in Brazil (total capacity of 0.6 GW), as well as a dozen others in Spain for a total capacity of 0.8 GW. Works should begin in the coming months.
Cobra IS will ensure the maintenance and upgrading to technical and environmental standards of the facilities of Polo Carmópolis, a cluster of 11 onshore oil and natural gas field concessions acquired from Petrobras, located in the Brazilian state of Sergipe. The process began in 2021 before VINCI acquired Cobra IS, and a strategic review of this transaction will be carried out in 2023.
