10 January 2023

VINCI Energies acquires Norway’s Otera AS

The Norwegian business Otera AS and its affiliates are being purchased by VINCI Energies from Roadworks AS and Å Energi AS.

Image Source: VINCI Energies

Otera AS is particularly involved in the design, installation, and maintenance of electricity grids, roads, and tunnels due to its recognized expertise in high and low voltage, automation, and control systems. Through its Omexom brand, VINCI Energies will be able to strengthen and expand its offering and expertise in Norway as a result of this transaction.

This initiative will also create job opportunities, as VINCI Energies will employ over 1,100 people in the country and contribute to the acceleration of the national energy transition.

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