Vinci Concessions has increased its stake in Lisea, the concessionaire of the South Europe Atlantic High-Speed Line ( LGV SEA ) between Tours and Bordeaux in France.

In the spring of 2024, Lisea shareholders Ardian and Caisse des Dépôts et Consignations ( CDC ) announced their intention to jointly sell 26.24% of the company's capital. Vinci Concessions and Meridiam, already shareholders of Lisea, have decided to increase their stakes in the company.

The transaction was signed on October 9. After the deal is completed, Vinci Concessions will increase its stake in Lisea to 42.045%, from 33.4%. Meridiam will own 41.945% while CDC will hold the balance. Orrick advised Vinci Concessions.

Vinci says the acquisition reflects its confidence in Lisea's operational, financial and business development prospects, within the context of the opening up of the high-speed rail market in France.

Vinci also recently signed a major road concession agreement in Brazil. Following a call for tenders launched by Brazil's National Road Transport Agency ( ANTT ), Vinci  Highways, a subsidiary of Vinci Concessions, won a 30-year concession to operate and modernize a 594-kilometre section of the BR-040 highway.

The toll highway connects Belo Horizonte, capital of the state of Minas Gerais, to Cristalina, a city located in the south of the state of Goiás. It thus serves the federal capital Brasilia.

Vinci Highways will take over operations in the first quarter of 2025, after a transition phase in collaboration with ANTT.

The Belo Horizonte-Cristalina highway is an important corridor serving the ports of the South Coast, notably used for the transport of mining, industrial and agricultural production.

Vinci Concessions manages eight airports in the states of Bahia, Amazonas, Roraima, Rondônia and Acre, and nearly 1,200 kilometres of highways in the states of São Paulo, Minas Gerais and Goiás.

The Vinci Group is also present in Brazil through its energy branch ( Vinci Energies and Cobra IS ).