macro

Vinci's Cobra IS wins €165 million cooling contract for Iberian data center

Vinci's unit Cobra IS won a €165 million deal to supply cooling equipment for a large data center campus in Iberia, according to TradingView.

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what happened

According to TradingView, Vinci SA said on Tuesday that its subsidiary Cobra IS has been selected for a contract worth 165 million euros. The work covers mechanical, electrical and plumbing installations for 126 dry coolers at a major data center campus in the Iberian Peninsula. These coolers are designed to handle heat from computing capacity of 200 MW.

The company added that Cobra IS is competing for further phases of the campus, which could bring the total value to several billion euros. Vinci expects the award to deepen its footprint in digital infrastructure, a segment that produced 7 billion euros of revenue in fiscal 2025.

why it matters

For investors the deal is modest against Vinci's overall size, but it shows steady demand for data center construction in Europe. Vinci shares traded at 106.05 euros in Paris, down 0.56% on the day.

tags

instruments

DG.PAVCISYVCISF

sources

  1. Vinci Subsidiary Cobra IS Inks €165 Mln Cooling Plant Deal In Iberian Peninsula — TradingView, 20 October 2026 at 08:10 UTC

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