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VINCI designated preferred bidder for replacement and automation of 29 manually operated dams on the rivers Aisne and Meuse



  VINCI designated preferred bidder for replacement and automation of 29
  manually operated dams on the rivers Aisne and Meuse

  * A 30-year partnership contract
  * Total investment of about €270 million

Business Wire

RUEIL MALMAISON, France -- April 19, 2013

Regulatory News:

The consortium led by VINCI Concessions (Paris:DG), in partnership with SHEMA
(EDF Group), has been designated preferred bidder by Voies Navigables de
France (VNF) for the partnership contract covering the replacement of 29
manually operated dams on the rivers Aisne and Meuse and the installation of
associated equipment.

The contract, which will be for a period of 30 years from the date of
signature, calls for the design, financing and construction of 29 automated
dams and their associated equipment, followed by operation, and routine and
heavy maintenance. It also covers the deconstruction of the dams to be
replaced, as well as the upgrade, operation, and routine and heavy maintenance
of two dams that have already been automated. In addition, several of the dams
are to be converted into micro-hydropower plants.

Construction, including studies and administrative procedures, will take place
over a period of less than seven years. The works will be executed by a
construction joint venture led by VINCI Construction France, represented by
EMCC (leader), Tournaud, GTM Lorraine and CBR TP, and including local small
and medium-sized enterprises. Operation and maintenance will be carried out by
a specially created entity in which VINCI Concessions will have majority
ownership.

The project, which is a key component in the modernisation of the river
infrastructure for which VNF is responsible, represents a total investment of
about €270 million and will be required to meet environmental performance
objectives (ecological continuity and hydropower generation).

Contact:

Press:
VINCI
Maxence Naouri, +33 1 47 16 31 82
maxence.naouri@vinci.com
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