Construction and maintenance of the electrical and mechanical systems in the Fehmarnbelt Fixed Link, between the German and Danish coasts (VINCI Construction is carrying out the Fixed Link’s civil engineering works under a separate contract);
In Spain, civil engineering and electro-mechanical equipment for the Salto de Chira pumped-storage hydroelectric plant on Gran Canaria;
In Belgium, construction of an 870 MW combined-cycle gas power plant in Seraing, for Luminus, an EDF company;
In Uzbekistan, extension of the Talimarjan power plant, in the south of the country, involving construction of two new combined-cycle turbine units adding approximately 1 GW in total, on a project jointly financed in particular by the Asian Development Bank and European Bank for Reconstruction and Development.
The 570 MWp, 1,200-hectare Belmonte photovoltaic complex under construction in the state of Pernambuco, Brazil. It is due to be connected to the grid in mid-2023 and will produce an estimated 1,200 GWh a year, equivalent to the consumption of 720,000 Pernambucan homes. From an environmental standpoint, the renewable energy from this asset is expected to lower emissions by 109,000 tonnes of CO₂ annually, compared to Brazil’s current energy mix;
Several other projects Cobras IS is working on, with a total capacity of 1.4 GW (a dozen projects with a total of 0.8 GW in Spain and two projects with a total of 0.6 GW in Brazil). Land-use, environmental and grid-connection authorisations were obtained at the end of 2022, and construction will begin in the coming months;
Morecambe, a longer-term 0.5 GW off-shore wind project. The lease for the site in the Irish Sea, granted by the British Crown Estate, was finalised at the beginning of 2023. Separate exclusive talks are under way, also with the Crown Estate, regarding the development of White Cross, a 100 MW floating offshore wind farm.
Lastly, at the end of 2022, Cobra IS finalised a transaction it had set in motion in Brazil in 2021, before it became part of the VINCI Group: the acquisition of Petrobras’ interests in 11 onshore oil and natural gas field concessions, along with the related processing, storage, transport and other infrastructure, in the state of Sergipe. Cobra IS will be in charge of maintenance work and of upgrading the facilities to technical and environmental standards, and will generate revenue from their operation.
1
Construction of a wastewater treatment plant in Saudi Arabia with capacity of 100,000 cu. metres/day, expandable to 270,000 cu. metres
2
Engineering, supply, civil works and assembly of 16 lines (500 kV, 345 kV and 230 kV, 1,341 km in length) and the associated substations in the state of Minas Gerais, Brazil.