French Builder Vinci Studies Expanding Energy Business With M&A

French builder Vinci SA is looking to expand its energy infrastructure business as the global shift away from fossil fuels opens up more opportunities in clean power.

Vinci Energies may seek to grow through acquisitions, mainly in North America and Europe, Chief Executive Officer Xavier Huillard said at the company’s headquarters near Paris. That would build on its 2021 purchase of Cobra Instalaciones & Servicios SA, a €4.9 billion ($5.3 billion) deal that turned the construction giant into a global player in renewables.

Vinci is keen to develop more solar and onshore wind projects in Spain, Portugal, the US and ...