2024 Universal Registration Document

Fast-tracking the energy transition

Fast-tracking the energy transition

VINCI Energies and Cobra IS, VINCI’s two Energy business lines, are playing a leading role in furthering clean electricity – a vital step to reduce reliance on fossil fuels and mitigate the effects of climate change. VINCI Concessions’ business lines are building solar power plants by their motorways and at their airports while taking action to reduce carbon emissions from travel (see page 72). And the energy transition is giving rise to a growing flow of projects for VINCI Construction.

Developing energy assets

Cobra IS, which notably specialises in large-scale energy infrastructure projects, has amassed expertise in developing and financing renewable energy assets upstream of construction, and in operating the facilities and marketing the energy they produce on the downstream end. At the end of 2024, the total capacity in its portfolio, which is principally made up of photovoltaic power plants in operation or under construction, amounted to 3.5 GW.

1.4 GWTotal renewable capacity at the Mundo Novo, Raios do Parnaíba and Cristino Castro solar farms, which were developed by Cobra IS and are now under construction in Brazil.

At Lyon- Saint Exupéry,

two large solar power plants are currently being built on car park canopies: one for self-consumption (car park P4, 4 hectares), the other on a 5,800-place car park (P5, 14 hectares), which will produce 24 GWh a year, equivalent to the consumption of 9,000 residents in neighbouring municipalities.

Giant interconnection projects

International energy exchanges are one of the keys to advancing the energy transition. VINCI Energies, in a consortium with VINCI Construction and other partners, has been entrusted with building the Inelfe interconnection between France and Spain, including two electrical energy converter stations with combined capacity of 2 GW.