OTW, a joint venture created by VINCI Energies and VINCI Construction in the United Kingdom,“Great Grid Partnership” : a set of projects to connect offshore wind farms to the British electricity grid by 2030,VINCI, through OTW, selected to participate in these projects
In the United Kingdom, Omexom UK & Rol (subsidiary of VINCI Energies) and Taylor Woodrow (subsidiary of VINCI Construction) created the company OTW which has just been designated partner company 1 of the “Great Grid Partnership” program . In this context, it may be awarded design-build contracts aimed at connecting new offshore wind farms (50 GW) to the British electricity network.
“Great Grid Partnership” consists of carrying out a series of significant works to upgrade electricity transmission infrastructure ( onshore ) by 2030. It is part of a national plan – worth a total of 9 billion pounds (10.4 billion euros), also including the construction of new electricity infrastructure after 2030 – which will mobilize more than 300,000 people at peak activity in 2027.
VINCI will thus contribute to limiting the United Kingdom’s dependence on fossil fuels. The country anticipates a 50% increase in its energy needs by 2035 and a doubling by 2050. In 7 years, the country intends to build six times more electrical transmission infrastructure than in the last 30 years.
1 Six other companies were also selected.
About VINCI
VINCI is a global player in the concessions, energy and construction sectors, employing 280,000 people in more than 120 countries. Its mission is to design, finance, build and manage infrastructure and equipment that contribute to improving daily life and mobility for everyone. Because its vision of success is global, VINCI is committed to the environmental, social and societal performance of its activities. Because its achievements are of public utility, VINCI considers listening and dialogue with all stakeholders in its projects as a necessary condition for carrying out its activities. VINCI’s ambition is to create long-term value for its customers, its shareholders, its employees, its partners and for society in general.
