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Last updated : 15/09/2026 - 16h08
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Eiffage wins construction contract for Neomat Cam battery factory in Dunkerque

The construction and engineering group has been selected, as part of a consortium, for the earthworks and construction of buildings for the future Neomat CAM factory, dedicated to electric vehicle battery components.

This contract extends the group's recent series of awards in industrial and energy infrastructure.


Eiffage wins construction contract for Neomat Cam battery factory in Dunkerque

A civil engineering contract for a cathode materials factory

Neomat CAM, a joint venture between XTC New Energy and Orano, has awarded the consortium led by Eiffage the contract for earthworks and construction of buildings for the future manufacturing plant for active cathode materials (CAM) components, intended for electric vehicle batteries.

The site is located in Dunkerque, in the municipalities of Gravelines and Loon-Plage. The announcement was made on September 9, 2026, and follows the laying of the foundation stone on May 29, 2026, then the christening of the tunnel boring machine intended to dig the tunnel for effluent pipelines, held on July 16, 2026.

A consortium combining multiple Eiffage trades and two partners

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The consortium is composed of Eiffage Génie Civil (lead partner), Eiffage Construction, Eiffage Métal, Eiffage Route, as well as the companies Bemaco and Ramery. It will oversee the construction of a factory with a total area of approximately 60,000 m², including notably a 45,000 m² workshop, a 5,900 m² warehouse, an industrial water treatment station of 5,650 m² and a 2,500 m² utilities zone.

The work will require 37,000 m³ of concrete via a plant installed on site, approximately 3,000 tonnes of reinforcement as well as 6,200 tonnes of steel for the metal framework, predominantly sourced from France and Europe.

A construction site mobilizing up to 400 people until 2028

Up to 400 people, primarily from the Dunkerque area, will be mobilized for these construction and development works, which will continue until 2028. The Neomat CAM project represents an investment of nearly 500 million euros and is part of the development of the European battery industry for electric vehicles.

The factory aims for a nominal capacity of 40,000 tonnes of active cathode materials per year, with production scheduled to begin in late 2028. This contract comes after several recent awards for the group, including a 162 million euro contract for two recovery units in Limoges and Grenoble announced on August 24, 2026.



Sector Construction et infrastructures BTP / infrastructures


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Context

Period
  • Period: S1 2026
Key reported figures
  • Revenue: 12 200 millions d'euros
  • Quarterly revenue: 12 200 millions d'euros
  • Revenue growth: 2,3 %
  • Net income: 342 millions d'euros
  • Free cash flow: -75 millions d'euros
  • 9 400 millions d'euros
Guidance from the release
  • le Groupe anticipe une croissance d'activité d'une ampleur moindre qu'en 2025
Risks mentioned
  • Persistance de la baisse du trafic autoroutier dans un contexte de prix des carburants élevés
  • Trafic total APRR et AREA en baisse de 2,5 %, affecté par la hausse du prix des carburants
  • Chiffre d'affaires International hors Europe en repli de 37,1 %
Opportunities identified
  • Hausse du carnet de commandes des Travaux de 7 % sur un an (+6 % depuis le début de l'année)
  • Marge opérationnelle courante d'Eiffage Énergie Systèmes en hausse de 30 pbs à 5,2 %
  • Poursuite du développement européen du Groupe en Travaux, Europe hors France +8,0 %

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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