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20/11/2017 08:30:38

VINCI : VINCI Energies wins the contract to build eight photovoltaic power plants in Senegal

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Rueil Malmaison, 20 November 2017

VINCI Energies wins the contract to build eight photovoltaic power plants in Senegal

  • Eight photovoltaic power plants with a combined capacity of 17 MW to be built over a period of 10 months to supply isolated communities in Senegal

  • A €26.8 million contract

VINCI Energies, via its brand dedicated to energy transition - Omexom, has been awarded by the Société d'Electricité du Sénégal - Senelec - a contract to build eight photovoltaic power plants with a combined capacity of 17 MW in Senegal within a period of 10 months. The project represents a €26.8 million investment, financed by the German bank KFW and Senelec. Handover is scheduled in July 2018.  

The new plants, made up of a total of 62,850 solar panels, will be spread over four large regions: the Saloum Islands and the Thiès region in the western part of the country and the Tambakounda and Kolda regions in the east. They will enable Senegal to supply power for very isolated sites and to diversify its energy mix. The Thiès plant, which will be directly connected to the grid, will have installed capacity of 15 MW. The other seven plants, which have a hybrid (PV-diesel) design, some with battery storage, will have a total combined capacity of 2 MW.

The full set of photovoltaic solar plants will generate enough power to cover the annual needs of 140,000 people and will avoid atmospheric CO2 emissions amounting to 18,919 tonnes per year, equivalent to the emissions of a car driven 135 million kilometres. In addition to solar panels, the plants will have generator sets and batteries. The combined power generation and battery storage system will overcome intermittent production and ensure continuous supply.

VINCI Energies is a recognised partner in the construction of large-scale turnkey projects in Senegal. It notably handed over the 20 MW Bokhol photovoltaic plant in January 2017 and is currently carrying out electrical works for the 21 MW Kahone solar plant.

"We are proud to support Senegal in its drive to achieve its energy transition goals. Thanks to our teams on the spot we were able to put together the required resources and skills to build this project, which will be executed within the record 10-month timeframe," said VINCI Energies Chairman and Chief Executive Officer Yves Meignié.

                                                                                                                                

Electrification is a key factor in driving the African continent's sustainable economic development, as it fosters access to education and healthcare and more broadly improves quality of life. In October 2017, VINCI Energies, which intends to actively participate to the investments made in this field, handed over the Zagtouli photovoltaic power plant in Burkina Faso, West Africa's largest, and refurbished the Mavusi and Chicamba hydroelectric plants in Mozambique.

See infographic in attached file.

PRESS CONTACT

VINCI Press Department

Tel.: +33 (0)1 47 16 31 82

media.relations@vinci.com

About VINCI Energies

In a world undergoing constant change, VINCI Energies focuses on connections, performance, energy efficiency and data to fast-track the rollout of new technologies and support two major changes: the digital transformation and the energy transition. With their strong regional roots and agile organisational structure, VINCI Energies' business units boost the reliability, safety and efficiency of energy, transport and communication infrastructure, factories and buildings.

2016: €10.2 billion revenue // 64,500 employees // 1,600 business units // 52 countries. www.vinci-energies.com

About VINCI

VINCI is a global player in concessions and construction, employing more than 183,000 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, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible 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. VINCI's goal is to create long-term value for its customers, shareholders, employees, and partners and for society at large. www.vinci.com

PDF


This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: VINCI via Globenewswire

Attachment: 825563.pdf
20 nov.: VINCI : VINCI Energies retenu pour la réalisation de huit central..
20 nov.: HIGHCO : DECLARATION DES TRANSACTIONS SUR ACTIONS PROPRES DU 13/1..

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