Vinci's New Contracts Deepen Role In Low Carbon And Fusion Projects [Yahoo! Finance]
EIFFAGE SA UNSP/ADR (EFGSY)
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Source: Yahoo! Finance
Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Vinci (ENXTPA:DG) has secured contracts to upgrade river locks on the Rhône in France, supporting low carbon river transport. The group, via subsidiary Nuvia, also won a multi year contract for critical infrastructure on the UK's STEP fusion energy prototype project. These wins expand Vinci's role in European energy transition and next generation clean energy projects. Vinci, trading at around €127.1, is an established player in European concessions and construction. These contracts add fresh detail to its role in energy related infrastructure. The stock shows a return of 69.6% over 5 years and 35.7% over 3 years, with an 11.0% gain over the past year and 4.9% year to date, despite a 10.3% decline over the past month. For investors tracking ENXTPA:DG, the mix of long term gains and recent pullback may frame how these contract wins are viewed. The Rhône lock upgrades and the STEP fusion
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