Spain, Aug. 8 -- VINCI and ACS announce the conclusion of an agreement to definitively settle certain provisions related to the acquisition of Cobra IS, completed on December 31, 2021.The key terms of this agreement are as follows:While an earn-out was originally planned for each new "Ready to Build" renewable energy development by Cobra IS, up to a cap of €600 million, both parties have agreed to fix this earn-out at €380 million, payable in cash. Taking into account payments already made by VINCI, a remaining balance of €300 million will be paid to ACS under this agreement.Given the evolving investment priorities of both groups, VINCI and ACS have decided to terminate their original agreement concerning the creation of a...