VINCI will build the Springbank Off-Stream Reservoir in Canada
6 May 2022 - 8:30 am - New contracts - Canada
• Reduction of flooding risk in and around Calgary
• Infrastructure that contributes to the region’s climate resilience
• A contract worth a total of CAN$379 million (€263 million)
VINCI Construction, through its earthworks subsidiary specialised in major projects, will build the Springbank Off-Stream Reservoir located 15 km west of Calgary on behalf of the Canadian province of Alberta.
This project will help protect the inhabitants of Calgary and the surrounding areas by diverting and temporarily storing water from the Elbow River during peak volume events to avoid flooding such as occurred in 2013.
The project, worth CAN$379 million (€263 million), is anticipated to last for three years. It includes a regulation structure on the Elbow river, a 29 m high earthen dam stretching approximately 3.8 km, and working together with a water intake and a 4.3 km diversion channel. In total, earthwork for this project is estimated at around 5 million cubic metres. The contract also includes road development works and construction of engineering structures on adjacent roads.
Award of the Springbank Project acknowledges VINCI Construction’s expertise in infrastructure that contributes to climate resilience in support of sustainable development. It reinforces VINCI’s local presence in Canada, where it accounts for over 5,200 employees and generated revenue of €1.6 billion in 2021.
VINCI is a global player in concessions, energy and construction businesses, employing more than 260,000 people in nearly 120 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.