Voltalia SA
As part of its partnership with Echoenergia, Voltalia sells additional
developed wind projects in Brazil
12-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, sold wind projects developed in its Serra Branca
cluster for a total of 206 MW. The buyer, Echoenergia, a company controlled
by Actis Group, has bought 479 MW from Voltalia under the long-term
partnership sealed in 2017 between the two companies, which can reach up to
600 MW.
"Voltalia is delighted to successfully pursue its long-term partnership with
Echoenergia. Our capacity to develop a big volume of competitive sites in
Brazil allows us to grow our asset base as an energy producer while
capturing short-term value and achieving economies of scale through
partnerships such as this one", says Sébastien Clerc, CEO of Voltalia.
The 206 MW wind projects acquired by Echoenergia are located in Voltalia's
Serra Branca cluster in the State of Rio Grande do Norte. They are expected
to be operational by mid-2022. The Echoenergia wind farms will use the
infrastructure developed and built by Voltalia, including the new 500 kV
transmission line completed by Voltalia in September 2019.
The Serra Branca cluster has a 2.4 GW potential. As of today, Voltalia owns
319 MW of operating wind farms[1] and 281 MW of wind farms under
construction (VSM 1&2) at Serra Branca.
About Echoenergia (https://www.echoenergia.com.br/ [1])
Founded in 2017 by Actis, the company has already acquired 34 wind farms
(including new ventures) and is one of the largest wind power generators in
Brazil. It currently has a portfolio of 700 MW of installed capacity already
operating in Northeastern states. The company also has a number of projects
under development.
About Voltalia (www.voltalia.com [2])
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] including 10 MW commissioned at the VSM wind farms, see press release
date December 11, 2019
Regulatory filing PDF file
Document title: pdf-VEN
Document: http://n.eqs.com/c/fncls.ssp?u=QNFYGCJJPS [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: 934875
End of Announcement EQS News Service
934875 12-Dec-2019 CET/CEST
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(END) Dow Jones Newswires
December 12, 2019 13:00 ET (18:00 GMT)
