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DG Vinci

111.10
0.95 (0.86%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Vinci EU:DG Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.95 0.86% 111.10 110.60 111.70 112.30 110.55 112.20 995,286 16:40:00

Vinci Signs EUR200 Million Contract to Build Electrical Infrastructure in Senegal

12/01/2024 8:21am

Dow Jones News


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By Andrea Figueras

 

Vinci said it has signed a contract with Senegal's electricity company to build electrical infrastructure in the country for 200 million euros ($219.4 million).

Works, which comprise build an array of electricity transmission and distribution infrastructure, will last three years and employ more than 1,000 people, the French construction group said on Friday.

French authorities will contribute to the financing of the project, Vinci said.

Tasks involve building 1,350 kilometers of high-voltage and very-high-voltage overhead and underground transmission lines, as well as building eight very-high-voltage transformer stations, the company said. The contract also includes the improvement of the grid management system, it said.

The project is part of a wider program aimed at expanding the country's transmission and distribution grid, Vinci said.

 

Write to Andrea Figueras at andrea.figueras@wsj.com

 

(END) Dow Jones Newswires

January 12, 2024 03:06 ET (08:06 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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