VINCI Energies continues its expansion in North America by acquiring Transelec Common Inc. in Canada
Founded in 1978 by Claude Gauthier, Transelec Common Inc. specialises in the construction and maintenance of energy network infrastructure in Québec, providing services for overhead and underground electrical lines, substations and hydroelectric power plants. Today, the company employs around 2,000 people.
- The leading energy and telecommunication infrastructure specialist in Québec
- 2019 Revenue of 300 million CAD (€190 million)
- New stage in VINCI Energies’ strategy to expand operations in Canada
Headquartered in Laval near Montreal, Transelec Common Inc. underwent significant expansion in the 2000s in the construction and maintenance of telecommunication networks, the deployment of fibre optics and home connectivity services for operators.
It also provides engineering and construction services for wind and solar farms, as well as specialised services in the field of urban networks, in particular public lighting, signalling and traffic management.
Following the acquisition of PrimeLine in the US in March 2018, this transaction enables VINCI Energies to reach a new stage in its strategy to expand its operations in North America.