VINCI

M&A Activity • Jul 21, 2022

VINCI will set up two offshore windfarm energy converter platforms

High triple digit million euro contract

Benefits:

→ Among the most important energy transition projects in Germany.

→ Sufficient to supply the electricity of a major city like Hamburg.

Nanterre, 21 July 2022

VINCI wins the contract to design, build and install windfarm energy converter platforms in the North Sea

• Two offshore windfarm energy converter platforms in Germany
• Total capacity of 1.8 GW
• High triple digit million euro contract for VINCI

The consortium made up of Dragados Offshore – a subsidiary of Cobra IS – and Siemens Energy has been awarded by Amprion Offshore a contract to design, build and install high-voltage direct current (HVDC) converter platforms.

The converter platforms are to be installed in the North Sea to connect several windfarms to the grid. They will collect the generated alternating current and convert it into high voltage direct current for transport to the onshore stations, located up to 280 km away.

The construction of the platforms will take place at Dragados Offshore's yard in Cádiz, Spain, and will generate over 1.000 jobs, providing workload until 2027.

With a total transmission capacity of 1.8 GW, these platforms will be sufficient to supply from 2028 the electricity for a major city like Hamburg of 1.8 million people.

The project, which is part of the part of the German energy transition plan, is among the most important energy transition projects in Germany.

Dragados Offshore has already been awarded two other HVDC projects of this type, which are in progress.

About VINCI

VINCI is a global player in concessions, energy and construction businesses, employing more than 260,000 people in some 100 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

PRESS CONTACT VINCI Press Department Tel: +33 (0)1 57 98 62 90 media.relations@vinci.com