2025 Universal Registration Document

Energy Solutions

The acceleration of the energy transition and digital transformation is benefiting VINCI Energies across all its major segments (energy and transport infrastructure, industry, building solutions, and information and communication technology). In 2025, these trends were reflected in the expansion of electricity storage (with projects under way or completed in Sweden, Germany, the United Kingdom, Belgium and France) and interconnections between national electricity grids. These two shifts reflect the need for stable electricity grids, brought sharply into focus by the widespread power outage in the Iberian Peninsula in April 2025. VINCI Energies is reaping the full benefits of the opportunities arising from these different trends through its broad array of expertise, which it harnesses and assembles to address the specific needs of its customers, and through its decentralised organisation. The business line has positioned itself as a local partner, developing multi-technical and multi-site solutions to support its customers at each stage of their engineering, works, operation and maintenance projects. This business and organisational model generates approximately 300,000 contracts a year, which vary greatly but mostly involve flow business (customers it has worked with for over five years account for 80% of its revenue). VINCI Energies’ geographical coverage – it is active in 60 countries and generated 60% of its revenue internationally (47% in Europe outside France, 5% in the Americas and 8% in the rest of the world) – further enhances its resilience.

VINCI Energies’ strong shared culture facilitates the integration of new companies into its network while opening up opportunities for them. It expanded its network in 2025, adding new expertise through the acquisition of 33 companies representing full-year revenue totalling almost €700 million. Eight of these companies in Germany – VINCI Energies’ largest market after France – generated approximately €420 million in full-year revenue, and have broadened the business line’s range of technical solutions for buildings and its position in the shipbuilding and defence industries.