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● ● ● ● ● ● VINCI PRESS RELEASE Rueil Malmaison , 1 April 2021 VINCI to acquire ACS ' energy business A major strategic move to create a global player in energy contracting and to develop renewables projects Around 45,000 people for an additional revenue of more than € 6 billion , mainly in Spain and Latin America , with EBIT¹ margin of 6 + % Strong geographical and business fit with VINCI's activities An identified potential of c . 15 GW of renewables projects ( mainly in solar PV and onshore wind ) Enterprise value of € 4.2 billion , leading to a purchase price at closing of c . € 4.9 billion² , to be paid fully in cash Additional contingent payments of up to € 0.6 billion over time , subject to achieving predetermined milestones of ready - to - build³ renewables GW This press release is an official information document of the VINCI Group . ● VINCI and ACS will negotiate a 51 % -49 % partnership agreement for the acquisition of mature renewables assets , to be developed , built and connected to the grid by the acquired company in the future Today , VINCI announces the signing of an agreement to acquire ACS's energy business ( the " Company " ) . The scope of the acquisition consists in : most of the ACS Industrial Services ' contracting business . With a workforce of around 45,000 employees in c . 50 countries , it offers a breadth of support services spanning network , specialized facilities , control systems - as well as an integrated offer to realize EPC projects , mainly for the energy sector . It is a global powerhouse with footprint in Spain , Mexico , Brazil , Peru and Chile . Over the past 3 years , its average revenues were above € 6 billion with EBIT margin of 6 + % on average ; eight greenfield concessions4 projects under development and / or construction , mainly in the electrical transmission field ; ACS's renewables development platform . This platform has a long and recognized track - record of developing renewables concessions projects , with notably 4.4 GW developed over the past three years . VINCI and the Company have identified new opportunities for the short and medium term , of c.15 GW , mainly in solar PV and onshore wind , as well as c.8 GW of upcoming offshore wind projects . ¹ EBIT : operating income from ordinary activities 2 Assuming a closing at year - end 2021 , after taking into account c . € 0.7bn of net cash items , working capital and other adjustments 3 Developed , fully financed and every required permits and licenses obtained ( i.e. , before construction phase ) 4 Including 5 transmission lines , 1 irrigation plant , 1 open cycle power plant and 1 offshore wind farm PRESS CONTACT VINCI Press Department Tel : +33 ( 0 ) 1 47 16 31 82 media.relations@vinci.com