Vinci wins 7 billion euro contract for three offshore wind farms

Vinci has won a contract to design, build and install three offshore wind-farm energy converter platforms in the North Sea, with a total value of 7 billion euros ($7.7 billion), it said on Friday.

The consortium made up of Dragados Offshore – a subsidiary of Cobra IS – and Siemens Energy has been awarded by TenneT (the Dutch-German transmission system operator) a contract to design, build and install the three offshore windfarm energy converter platforms in the North Sea.

The converter platforms will collect the alternating current generated by several wind farms and convert it into high voltage direct current (HVDC) which will then be reconverted into alternating current at onshore stations approximately 200 km away in the German towns of Wilhelmshaven and Heide.

The construction of these converter platforms, each weighing around 34,000 tonnes, will generate more than 2,000 jobs per platform providing workload until 2031. This project is part of Germany’s Energy Transition Plan, which calls for the construction of a major offshore wind power generation network. Dragados Offshore was recently awarded six other HVDC projects of the same type.

The contract has been awarded to a consortium made up of Dragados Offshore – a subsidiary of Vinci – and Siemens Energy by Dutch-German transmission system operator TenneT.

VINCI is a global player in concessions, energy and construction businesses, employing more than 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.