General – acquisition
After announcing the agreement on 1 April 2021, VINCI’s acquisition of ACS’s energy business was completed on the last day of 2021.
The acquisition covers:
• Most of the contracting business of the ACS Industrial Services division;
• 9 greenfield concession1 projects under development or construction, mainly electrical transmission networks in Latin America;
• The renewable energy project development platform.
Purchase price: €4.9 billion, including the acquired unit’s cash
This is a major milestone in VINCI’s strategy of creating a global leader in engineering, works and services focused on the energy sector, and of developing renewable energy concession projects.
Through this strategy, the Group intends to broaden its concession portfolio and extend its average maturity, while contributing to the environmental transition.