VINCI signed a strategic partnership agreement with NatPower SA. VINCI has finalised an investment amounting to approximately EUR 50 million in NatPower SA, a renewable energy development platform set up in 2019 and principally active in Italy, Great Britain and the United States. The investment encompasses the acquisition of 10% of the company's share capital from its founder Fabrizio Zago and from the Tyrus Capital fund, in addition to convertible bonds enabling the Group to increase its stake then possibly exercise an option giving it control over NatPower SA.

Under the agreement, VINCI will have a priority right on opportunities to acquire projects in the ready-to-build phase initiated by NatPower SA. Alongside the investment, the parties have reached an agreement to jointly develop renewable energy projects (principally onshore wind and solar) in the United States, notably building up on NatPower SA's existing portfolio in this segment (which includes approximately 1.2 GW of capacity plus about 2 GW at the preliminary stage). To this end, a joint venture, controlled by VINCI via its subsidiary Cobra IS, will be incorporated in the United States.

Lastly, leveraging NatPower SA's expertise, VINCI will be in a prime position to develop energy storage projects, particularly in Great Britain.