Egis

Egis

Egis was founded in 1991 from the merger of several French public-sector engineering bodies, with Caisse des Dépôts et Consignations as its cornerstone shareholder. The firm's origins lie in the technical management of France's motorway and water infrastructure, and it remains majority-owned by the French state through CDC and its subsidiaries, alongside a minority stake held by Tikehau Capital since 2022. Egis operates across the infrastructure lifecycle—from engineering and project management to direct equity investment and long-term operations. The firm's portfolio includes concessions for 16 airports in France, Cyprus, and French Polynesia, toll motorways and tunnels in France, water treatment facilities, and renewable energy assets. It acts as a strategic co-investor alongside institutional partners such as Meridiam and Predica in greenfield transport and energy transition projects, notably the Toulouse Metro third line and multiple wind farms in France and Africa. The group employs approximately 19,500 professionals across 100 countries, with major operational hubs in the UK, India, the Middle East, and Latin America. Its subsidiary Egis Projects holds the firm's equity portfolio of infrastructure concessions. In October 2023, Tikehau Capital acquired a 40% stake in the group from Caisse des Dépôts, valuing the firm's equity at approximately €2.5 billion and positioning Egis for expanded international deployment through Tikehau's private equity and credit platforms. Egis's structural differentiator is its concession model: the firm designs, finances, operates, and maintains long-life infrastructure assets under multidecade contracts with public authorities. This vertical integration from engineering to operations gives it cost and operating advantages in competitive tenders. The Tikehau partnership adds a private-capital origination channel that most engineering-led infrastructure operators lack.