Developing low-carbon mobility
In the area of electric mobility, Easy Charge, the joint venture formed between VINCI Autoroutes and VINCI Energies, showed strong business growth in 2024. As a charging station operator, the company manages 6,500 charge points in France with the Fonds de Modernisation Écologique des Transports. As an infrastructure designer, builder and maintenance provider, Easy Charge built the first ultra-fast charging station for Zunder in France, with 12 charge points. It also maintains Ionity’s 120 charging stations in France and oversees the eborn network covering more than 2,600 fast charge points.
VINCI Concessions continues to install new charge points, with more than 1,000 chargers deployed throughout the network, of which almost 800 at VINCI Airports, for users, employees and other stakeholders. The VINCI Concessions subsidiary Eliso was awarded three contracts from the Deutschlandnetz Regional programme to install and operate 106 charging stations (828 charge points with a power rating of 400 kW) in the Berlin, Hamburg and Leipzig areas. To date, Germany’s federal government has validated the compliance of 58% of these projects (62 stations and 436 charge points) with contractual obligations, and 24 charge points had been installed at the end of 2024.
VINCI Energies continues to deploy its Too Electric solution to develop, supply, install and maintain charging infrastructure while providing guidance for its customers. At the end of 2024, it covered 11,000 EV charge points. Since the beginning of 2024, the Citeos network has installed more than 1,000 super chargers and managed nearly 12,000 EV charge points as at end-2024. In Australia, VINCI Energies Industrial Services carried out preparatory work in 2023 to install fast and slow charging sites for the Brisbane metro project, which will use fully electric vehicles. Major construction work will begin in 2025. It will involve doubling and realigning rails and modernising parking facilities and signalling systems. Several viaducts will be built or renovated. In 2024, the Etra subsidiary of Cobra IS renewed its contract with EMT, Madrid’s city bus operator, to commission 150 charge points for buses.
Energy renovation
Energy renovation for existing buildings is a key enabler for decarbonising the construction industry and is a fast-growing market. In 2024, VINCI’s renovation activities generated €2.4 billion of revenue, up from €2.2 billion in 2023. VINCI Construction continues to roll out its Rehaskeen® system for thermal building renovation using prefabricated insulation panels. In 2024, these panels were installed on Cité Rose housing units in Ramonville-Saint-Agne near Toulouse and on two residential building facades in Sens.
Developing the use of hydrogen
VINCI delivers a wide range of solutions to meet needs associated with the various uses of hydrogen. To begin with, the Group is an active player in hydrogen production infrastructure design. The Hyfinity business unit (VINCI Construction) specialises in low-carbon hydrogen engineering, procurement and construction (EPC) projects. VINCI Construction is also a shareholder of Genvia, which develops high-performance electrolysers to produce low-carbon hydrogen. Actemium (VINCI Energies) is supporting the company in its plans to industrialise these electrolysers. Meanwhile, France Ingénierie Process-FIP (VINCI Energies) has teamed up with the HysetCo project to build Europe’s largest hydrogen production and distribution station. In addition, VINCI Energies will build 26 new hydrogen stations for Hype in the Greater Paris area. Cobra IS received €150 million from the Spanish government in 2024 for a project to develop a complete green hydrogen supply chain in Spain, encompassing hydrogen production, storage, transportation and distribution.
VINCI is also participating in transforming infrastructure for hydrogen use, such as creating refuelling stations for hydrogen-powered aircraft or heavy vehicles.
To prepare for the eventual commercial use of hydrogen-powered aircraft, VINCI Airports began a partnership with Airbus and Air Liquide in 2021 to develop the use of hydrogen at airports. In 2024, VINCI Airports launched an aviation hydrogen handling and refuelling project, led by Airbus and supported by many stakeholders. VINCI Airports is preparing to demonstrate liquid hydrogen aircraft ground operations, for example at Lyon Saint-Exupéry airport in France. Meanwhile, this airport is also working to develop a hydrogen ecosystem, as part of the IMAGHyNE project, which has obtained support from the European Commission through the Clean Hydrogen Partnership. In the summer of 2023, VINCI Autoroutes (ASF) commissioned the first Dyneff station in France, designed by the French hydrogen production equipment specialist McPhy, at the Toulouse Sud service area. It produces hydrogen locally, through the electrolysis of water, using electricity from renewable sources. This green hydrogen can power any fuel cell electric vehicle. Through its Cardhin project, Cobra IS is developing a dynamic inductive charging system that uses hydrogen and can recharge heavy vehicles in motion.
Lastly, VINCI is a leading advocate of hydrogen energy, wearing multiple hats as an investor, a strategic partner and an active member of clubs dedicated to this technology of the future. VINCI Concessions has invested €100 million in the Clean Hydrogen Infrastructure Fund, of which it is a co-founder. The private investment fund is the world’s largest dedicated to hydrogen. It has invested in eight projects providing the various infrastructure and technology needed to scale up the hydrogen economy: Hy2Gen, H2 Mobility, Enagás Renovable, Everfuel, Elyse Energy, InterContinental Energy, H2 Green Steel and HysetCo. In 2024, VINCI Energies also set up a Hydrogen Club in Germany to facilitate discussion among its various divisions on the global hydrogen market, new hydrogen technologies, best practices for safety, and the development of hydrogen energy-related products and services.
Electrification projects
VINCI Energies and Cobra IS support projects to electrify infrastructure. In 2024, Group revenue from the transportation and distribution of electricity was €5.8 billion (versus €5.6 billion in 2023). In 2025, Cobra IS plans to finalise the public-private partnership for the construction and operation of several 500 kV and 330 kV transmission lines and associated substations and connections to renewable energy parks in one of Australia’s first renewable energy zones (REZs), in the Orana region of New South Wales. Cobra IS is also participating in the construction and operation of electricity transmission lines in Buriti, Brazil, by building 297 km of 500 kV lines and expanding two existing substations.
