Air Liquide, TotalEnergies and VINCI, are combining forces with other large international companies to sponsor the creation of the world’s largest fund exclusively dedicated to clean hydrogen infrastructure solutions. The fund aims to reach 1.5 billion euros and has already secured initial commitments of 800 million euros. Its objective is to accelerate the growth of […]
Vinci Seals $5.8 Billion Deal Marking Push Into Renewables
Vinci SA’s move to buy a core business of Spain’s Actividades de Construccion y Servicios SA for about 4.9 billion euros ($5.8 billion) will turn the French infrastructure giant into a global player in renewable energies. The deal that was more than six months in the making expands Vinci’s reach into Spain and Latin America, […]
ACS shares soar after Vinci offers $6 billion for its industrial unit
MADRID: Shares of Spanish engineering and infrastructure group ACS ACS.MC surged 16% on Friday after French rival Vinci SGEF.PA made a non-binding offer to buy ACS’s industrial unit Cobra for 5.2 billion euros ($6.10 billion). ACS’s board will proceed with negotiations, the Madrid-based company said in a filing to the stock market regulator. Vinci has […]