VINCI

Regulatory Filings • Jun 15, 2023

Nanterre, 15 June 2023

VINCI wins a contract for a new electrical interconnection between France and Spain

• Design/construction of two electrical energy converter stations
• Total capacity of 2 GW
• A contract value of around €300 millions for VINCI companies

The consortium made up of VINCI Energies, VINCI Construction and Hitachi Energy (leader) has been awarded by Electricity Interconnection France-Spain (INELFE), the joint venture bringing together operators of the Spanish (Red Eléctrica) and French (RTE) electricity transmission networks in charge of the construction and commissioning of all cross-border connections between both countries,- a contract for the design/construction of two ground stations for the conversion of electrical energy.

Located in France and Spain, these stations will transform the alternative current (AC) of the electrical networks into direct current. They will be connected via a 400 km cable - including 300 km of submarine cable in the Bay of Biscay - enabling energy exchange between the two countries with a combined capacity of 2 GW.

This new interconnection will increase power supply reliability, will enable the further integration of renewable energy into electricity grids and will contribute to create a more efficient system.

VINCI will be responsible for the design and construction of civil engineering and electrical works of the stations, for an amount of approximately €300 millions. For its part, Hitachi Energy will supply the HVDC (High Voltage Direct Current) process. The delivery of these stations is expected in 2028.

About VINCI

VINCI is a global player in concessions, energy and construction businesses, employing 272,000 people in more than 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. www.vinci.com

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