Voltalia SA
Voltalia SA: Alten chooses Voltalia to build and operate one of the largest
solar plants in Eastern Africa
30-May-2019 / 07:25 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Agreement signed at the occasion of the opening of Voltalia's Global Solar
Hub in Portugal
Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player
in renewable energies, signed yesterday an agreement where Alten Energias
Renovables, an Independent Power Producer specialized in solar, chooses
Voltalia to provide Construction and Operation & Maintenance services for
one of the largest solar plants in Eastern Africa (55 MW). In line with its
mission to improve global environment and foster local development Voltalia
will contribute to the achievement of Kenya's 2020 renewables target and
create local job opportunities.
Voltalia to provide Construction and O&M Services to Alten for a 55 MW new
solar plant in Kenya
Following a competitive process, Voltalia was selected to build and operate
the plant located in the state of Uasin Gishu in the municipality of
Eldoret, Kenya's fifth largest city.
The construction phase has just started for a commissioning expected by the
end of 2020. Voltalia will also provide operation and maintenance services
through a 10-year contract.
With this project, Voltalia demonstrates its capacity to undertake large
projects for third-party clients as a service provider.
Consolidating presence in Africa and providing an effective answer to local
needs
This solar project is currently the second largest in Central and Eastern
Africa. It represents 2% of the total capacity of Kenya, one of the most
dynamic country in the region. This additional capacity will contribute to
reach the Kenyan government target of achieving universal electricity access
by 2020 (vs. 70% in 2017).
This is the second project for Voltalia in Kenya: mid-2018[1], Voltalia had
secured the 50 MW Kopere solar plant, located at Songhor farm, Nandi County.
Its construction is to start by year-end 2019. Only distant by around 60 km,
the Group will handle the construction of both solar plants in parallel,
leveraging the on-the-ground knowledge of a local team. To deliver these two
projects, Voltalia will favour employment of local Kenyan staff of Voltalia
and subcontractors. Voltalia expects up to 300 people to work on the Alten
project at peak, and to create up to 15 permanent local jobs during the
operation and maintenance phase.
"With Voltalia, we know we can rely on seasoned construction and maintenance
teams with a strong track-record in many different countries, including in
Africa. We also value the teams' strong commitment to a top tier
environmental and social performance, in line with our own goals",
highlights Juan Laso, Executive President of Alten Energías Renovables.
"As part of our objective to give access to the most competitive
electricity, we have strong ambitions in Africa. We were already successful
in winning a large solar project in Kenya to fuel our own installed
capacity, and we will now support our client, Alten, in its ambitious
project. These two commitments make us a key contributor to the Kenyan
government's target of providing electricity access to the 50 million
inhabitants of the country by 2020." comments Sébastien Clerc, CEO of
Voltalia.
Creation of Voltalia's Global Solar Hub in Portugal
To serve its client, Voltalia will rely on its new Global Solar Hub
inaugurated yesterday in Porto. To build this unique expertise on the solar
market, Voltalia associated the exceptional track record of former Martifer
Solar teams established in Portugal with the in-depth experience of recent
top tier hires.
With 135 experts focusing in fields like engineering, procurement,
construction management, power generation monitoring and staff training, the
new Hub will able Voltalia to support client-owned and Group-owned projects
globally.
Next on the agenda: the Group will unveil its new ambitions during a Capital
Markets Presentation on June 6, 2019 (before trading)
About Voltalia (www.voltalia.com [1])
· Voltalia is an international player in the renewable energy sector. The
Company produces and sells electricity generated from wind, solar, hydro,
biomass and storage facilities, with a total capacity of 921 MW either in
operation or construction as of today.
· Voltalia is also a service provider, assisting its investor clients
active in renewables at each project stages, from conception to operation
and maintenance.
· With 550 employees in 18 countries over 4 continents, Voltalia is able
to act worldwide on behalf of its clients.
· Voltalia has been listed on the Euronext regulated market in Paris since
July 2014 (FR0011995588 - VLTSA) and is a component stock of the Enternext
Tech 40 index and the CAC Mid&Small index. The Group is also included in
the Gaïa-Index, an index for socially responsible midcaps.
Contact
Chief Administrative Officer: Marie de Lauzon
Investor Relations: invest@voltalia.com
+33 (0)1 81 70 37 00
About Alten Energías Renovables
ALTEN Energías Renovables group, is an Independent Power Producer (IPP),
specialising in solar photovoltaic technology, with offices in the
Netherlands, Spain, Kenya, Nigeria, Mexico, Mozambique and Namibia, and a
team with great expertise in the development, financing, construction and
operation of PV power plants in competitive environments. ALTEN Africa
started the construction of a 55 MWp PV plant in Kenya. The firm owns a
45,5MWp solar facility in Namibia. It is developing a 120 MWp project in
Nigeria with a PPA (power purchase agreement) signed off with the country's
electricity provider NBET Nigerian Bulk Electricity Trading. ALTEN Africa
forms part of the ALTEN Energías Renovables group like ALTEN America, its
sister company in Latin America, has commissioned a 350 MWp plant in Mexico.
The group also has an extensive pipeline of projects, with over 900 MW at
various stages of development. www.alten-energy.com [2]
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[1] Press release dated May 23, 2018
Regulatory filing PDF file
Document title: pdf-VEN
Document: http://n.eqs.com/c/fncls.ssp?u=KOMRJIXVGT [3]
Language: English
Company: Voltalia SA
84 boulevard de Sébastopol
75003 Paris
France
E-mail: invest@voltalia.com
Internet: www.voltalia.com
ISIN: FR0011995588
Euronext Ticker: VLTSA
AMF Category: Inside information / Other releases
EQS News ID: 817529
End of Announcement EQS News Service
817529 30-May-2019 CET/CEST
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(END) Dow Jones Newswires
May 30, 2019 01:25 ET (05:25 GMT)
