(PRESS RELEASE) PARIS, 3-Oct-2019 — /EuropaWire/ — VINCI Energies acquires Andalusian company Grupo Solar Lighting subsidiaries, SISTEM Melesur Energía and SISTEM Infraestructuras y Operaciones EPC. The acquisitions make VINCI Energies a major player in the market for electricity generation, transmission, transformation and distribution services in Spain (including renewables), where it operates under its Omexom brand.
The two Spanish companies deal with engineering, installation and maintenance services for high, medium and low voltage transformer stations and power lines. The companies also ensure traceability and transparency for customers through real time monitoring work via a supervision centre.
VINCI Energies broadens its customer base in Spain in both large public services and the small and medium-sized enterprise sector with these acquisitions.
“We welcome these acquisitions. In recent years, SISTEM has become a benchmark provider of electricity grid and substation engineering, installation and maintenance. These acquisitions will give our customers the benefit of our enhanced capabilities in these fields and our coverage of the entire country. Moreover, the SISTEM and VINCI Energies ranges of solutions and services form an excellent fit that will enable us to support our customers as they digitalise their grids,” commented Laurent Clech, Managing Director of VINCI Energies in Spain.
VINCI Energies expects to generate annual revenue in Spain of nearly €430 million and employ more than 3,500 people with the new expansion.
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