2023 UNIVERSAL REGISTRATION DOCUMENT

General and financial elements

At 31 December 2023, Omexom (VINCI Energies) had contributed to the installation of more than 10 GW of renewable electricity capacity, including more than 4 GW of solar power generation capacity. In Spain, Omexom (VINCI Energies) is responsible for the full design (engineering, partial supply and construction) of two solar photovoltaic power plants in Manztierra and Brazoinves. Work began in April 2023, and together these solar power plants will produce enough emission-free electricity to meet the average demand of more than 44,000 homes in Spain. In Brazil, Omexom Substations (VINCI Energies) signed an engineering, procurement and construction (EPC) contract to build a substation for the 553.5 MW Babilônia Centro wind farm. The company will be devoted to supplying a portion of the future energy needs of ArcelorMittal Brasil.

VINCI Construction participates in building low carbon energy production infrastructure, such as wind farms and their storage solutions. VINCI Construction Grands Projets is building a 350 MW pumped storage hydroelectric plant in Abdelmoumen, Morocco, to help offset any intermittency in wind power supply.

Since 2021, VINCI Autoroutes has been developing the Solarvia brand, a renewable energy production subsidiary. In addition to participating in France’s energy transition, the aim is to put the Group’s land to good use by developing solar projects wherever conditions allow depending on solar radiation levels, topography, environment, urban planning and distance from the electricity grid on previously unused areas along motorways, and even on land outside VINCI Group sites. The energy produced is then injected into the local power grid to supply electricity to consumers. In 2023, 46 projects were in progress with a total installed capacity of 287 MWp.

VINCI Concessions aims to install 1.2 GWp across its network, to support the transition of its concessions and surrounding communities to low-carbon energy. Lyon-Saint Exupéry airport has launched a new project to create a photovoltaic power plant on canopies, which was approved by the French Energy Regulatory Commission (CRE) in April 2023. Featuring a capacity of 20 MWp, the plant’s output will be injected into the grid starting in 2024 to supply power to the communities around the airport. The initiative will prevent the emission of almost 1,600 tonnes of CO2 equivalent. At SunMind, a subsidiary of VINCI Concessions, 706 MWp of projects are currently under development, 15 MWp of which are expected to launch operations in 2024.

VINCI also develops hydrogen production infrastructure with initiatives such as the creation of Hyfinity, a business unit dedicated to low-carbon hydrogen EPC projects. Another example is VINCI’s investment in Genvia, which develops high-performance electrolysers to produce low carbon hydrogen. Actemium (VINCI Energies) supports the company in its plans to industrialise these electrolysers.

Electrification projects

VINCI Energies and Cobra IS support projects to electrify infrastructure. Over the past 20 years, Cobra IS has built more than 32,000 km of power lines in Brazil and in Spain carried out projects for the engineering, procurement, construction and commissioning of several transmission lines and of the Canteras electrical substation, required to transport the green energy produced by the Canteras I and Canteras II wind farms, each with a capacity of 49.5 MW. Actemium (VINCI Energies) has won several projects to supply ships at berth in port terminals with electrical power, including a 1.8 MW EPC contract for the DFDS terminal in Vlaardingen, in the port of Rotterdam. With enough energy to supply around 1,500 homes with electricity, the installation is expected to provide 3.5 GWh of electricity per year and reduce CO2 emissions by around 2,100 tonnes per year. In Abu Dhabi (United Arab Emirates), China Harbour Engineering Company LLC has awarded Actemium Emirates Projects (VINCI Energies) a contract to design, supply and install a mobile onshore power supply (OPS) solution for the CT3 container terminal at Khalifa Port. Shoreside electricity for ships at berth helps to improve air quality by reducing particulate matter, nitrogen emissions and noise pollution.

Managing energy performance

In their role as integrators, VINCI Energies and Cobra IS are helping to drive the deployment of technologies to support their customers in moving forward with their energy transition and reducing their carbon footprint:

  • VINCI Energies delivers a suite of services for its customers to manage and monitor utilities consumption and improve plant efficiency. For example, the Monitoring tool processes and analyses customer data such as compressed air flow, refrigeration unit performance or any other energy ratio of production machines, while the Quick Scan Energy tool is used in carrying out industrial energy audits. Actemium (VINCI Energies) also offers a systemic analysis audit methodology, which maps and quantifies process energy flows to prioritise energy performance actions. Implementing these actions can save up to 190 MWh of energy and 800 cu. metres of water each year.
  • The Cobra IS subsidiary Sice is taking part in energy services company (ESCO) projects, replacing all lighting at the start of the contract with more energy efficient options. Work is currently under way at 23 facilities. With 2019 as the baseline, these facilities reduced their total consumption by 13% in 2022, equivalent to 1.8 GWh, which corresponds to 504 tonnes of CO2 equivalent in avoided emissions.
  • In 2023, business units under VINCI Energies’ Citeos brand managed 125 comprehensive performance contracts in 2023, with major commitments. One example is the contract awarded by the municipality of Grau-du-Roi in the south of France, which targets 70% energy savings and 1,447 tonnes of CO2 emissions avoided at the end of the nine-year contract, by installing LED bulbs on 3,455 light points. In Spain, the Cobra IS subsidiaries ImesAPI and Etra are refurbishing and upgrading public lighting for local authorities, enabling energy savings estimated at more than 65% over the life of the contracts. Etra currently has several projects under way in Spain, including works to improve the energy efficiency of outdoor lighting in Málaga (the city’s central and eastern districts) and the installation of sensors for public lighting in Fuente’s industrial estate.