Voltalia SA
Crédit Mutuel Alliance Fédérale reduces its carbon footprint with Voltalia,
a major player in green energy
04-Dec-2019 / 08:00 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Crédit Mutuel Alliance Fédérale has signed a partnership with Voltalia for
green power procurement. For the first time in France, a bank commits to a
long-term direct power purchase agreement (Corporate PPA), with a green
power producer, allowing the construction of a new 10-megawatt solar power
plant in France.
Already committed to financing the energy transition as part of its banking
activities, Crédit Mutuel Alliance Fédérale is partnering with Voltalia with
the aim of reducing its carbon footprint by 30% by 2023, as part of its
strategic plan ensemblenouveaumonde. In practical terms, 5% of its global
power consumption will be provided by Voltalia's green energy.
Beyond this green energy procurement and its desire to reduce energy
consumption, Crédit Mutuel Alliance Fédérale also makes the choice to
support Voltalia in the long-run in order to build new renewable production
capacities.
This partnership will result in a first 25-year Corporate PPA and the
construction of a new solar power plant in France, of at least 10 megawatts.
Daniel Baal, CEO of Crédit Mutuel Alliance Fédérale declares: "This
partnership illustrates Crédit Mutuel Alliance Fédérale's desire to reduce
its energy footprint and secure the construction of new renewable energy
production capacities."
For Sébastien Clerc, CEO of Voltalia, "O nce again, we demonstrate that it
is possible to produce competitive renewable electricity, in France, as well
as in our other countries. This partnership opens new prospects for projects
that Voltalia, a pioneer in the offer to corporates, is developing in
France, while allowing Crédit Mutuel Alliance Fédérale to cover at least 15
gigawatt hours of its annual consumption. By proposing, as part of this
partnership, energy audits, self-production and energy management solutions,
Voltalia positions itself -thanks to the acquisition of Helexia- as an
integrated player in this sector."
About Crédit Mutuel Alliance Fédérale
Crédit Mutuel Alliance Fédérale comprises the Centre Est Europe
(Strasbourg), Sud-Est (Lyon), Ile-de-France (Paris), Savoie-Mont Blanc
(Annecy), Midi-Atlantique (Toulouse), Loire-Atlantique et Centre-Ouest
(Nantes), Centre (Orléans), Normandie (Caen), Dauphiné-Vivarais (Valence),
Méditerranéen (Marseille) and Anjou (Angers) federations. Massif Central
(Clermont-Ferrand) and Antilles-Guyane (Fort-de-France) federations will
join it on January 1, 2020.
Crédit Mutuel Alliance Fédérale also encompasses Caisse Fédérale de Crédit
Mutuel, Banque Fédérative du Crédit Mutuel (BFCM) and all its subsidiaries,
in particular CIC, Euro-Information, Assurances du Crédit Mutuel (ACM),
Targobank, Cofidis, Banque Européenne du Crédit Mutuel (BECM) and CIC
Iberbanco.
More info on creditmutuel.fr [1]
About Voltalia
Voltalia is an international player in the renewable energy sector. The
Group produces and sells electricity generated from wind, solar, hydraulic,
biomass and storage facilities that it owns and operates. Voltalia has
generating capacity in operation and under construction of more than 1 GW
and a portfolio of projects under development representing total capacity of
7.1 GW.
Voltalia is also a service provider and supports its investor clients in
renewable energy projects during all phases, from design to operation and
maintenance.
As a pioneer in the corporate market, Voltalia provides a global offer to
private companies, ranging from the supply of green electricity and energy
efficiency services to the local production of their own electricity.
The Group has 697 employees and is present in 19 countries on 4 continents
and is able to act worldwide on behalf of its clients.
Voltalia is listed on the regulated market of Euronext Paris, compartment B
(FR0011995588 - VLTSA) and is part of the Enternext Tech 40 and CAC Mid &
Small indices. The Group is also included in the Gaïa-Index, an index for
socially responsible midcaps.
More info on voltalia.com [2]
Press contacts:
Crédit Mutuel Alliance Fédérale - Frédéric Monot - + 33 (0)3 88 11 24 64 -
frederic.monot@creditmutuel.fr
Voltalia - Loan Duong - + 33 (0)7 63 79 60 20 - l.duong@voltalia.com
Regulatory filing PDF file
Document title: pdf-VEN
Document: http://n.eqs.com/c/fncls.ssp?u=BBXYMRAEBY [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: 927569
End of Announcement EQS News Service
927569 04-Dec-2019 CET/CEST
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(END) Dow Jones Newswires
December 04, 2019 02:00 ET (07:00 GMT)
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