Voltalia SA
Voltalia SA: first megawatt hours produced at the VSM wind farms in Brazil
11-Dec-2019 / 19:00 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player
in renewable energies, announces that the first turbines of the VSM wind
farms (291 MW), located in its Brazilian cluster of Serra Branca (Rio Grande
do Norte), have been commissioned
"Less than a year after the beginning of their construction, the VSM wind
farms, located in the Serra Branca cluster, have produced their first
megawatt hours, in line with our commissioning schedule. I congratulate
Voltalia teams for this success!", says Sébastien Clerc, CEO of Voltalia.
Three turbines belonging to the VSM wind farms, representing an installed
capacity of approximately 10 MW, have started to produce electricity. The
VSM farms benefit from a 500 kV transmission line and other facilities
completed earlier this year[1], allowing the sale of the electricity
produced.
The commissioning of the remaining VSM 1&2 turbines will be gradual, with
the full capacity (291 MW) planned to be in operation by the end of H1 2020.
This commissioning occurs well ahead of the 20-year power purchase
agreements start dates, set in 2021, 2023 and 2024. Most of the electricity
produced before the starting dates of the long-term power purchase
agreements will be sold via already secured contracts on the free market,
generating extra-value for the projects.
The cluster of Serra Branca offers a potential capacity of 2.4 GW, to be
owned by Voltalia or sold to partners. Upon completion of VSM 1&2, Voltalia
will own 600 MW in operation in the cluster.
About Voltalia ( www.voltalia.com [1] )
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, of which 0.7 GW is secured.
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.
Voltalia Actifin
Investor Relations: Press Contact: Jennifer Jullia
invest@voltalia.com
jjullia@actifin.fr
+33 (0)1 81 70 37 00
+33 (0)1 56 88 11 11
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[1] Press release dated September 3rd, 2019
Regulatory filing PDF file
Document title: pdf-VEN
Document: http://n.eqs.com/c/fncls.ssp?u=WLXCEYIDWO [2]
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: 934083
End of Announcement EQS News Service
934083 11-Dec-2019 CET/CEST
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(END) Dow Jones Newswires
December 11, 2019 13:00 ET (18:00 GMT)
