Vinci has announced that OTW, a joint venture between Vinci Energies and Vinci Construction in the United Kingdom, has been selected as one of the partner companies for the Great Grid Partnership, a program to upgrade the country's electricity network.

The program involves a series of major upgrades to onshore electricity transmission infrastructure between now and 2030, as part of a national plan worth a total of nine billion pounds. It is part of a national plan worth a total of nine billion pounds.

Within this framework, OTW may be awarded design-build contracts to connect new offshore wind farms (50 GW) to the UK electricity grid. Vinci will thus contribute to limiting the UK's dependence on fossil fuels.

Copyright (c) 2024 CercleFinance.com. All rights reserved.