Voltalia SA
Voltalia starts the construction of the VSM 4 wind farm in Brazil
03-Aug-2020 / 18:00 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 today the start of the construction of its
59 megawatts VSM 4 wind farm in the Serra Branca cluster.
"Just a few weeks after commissioning VSM 1 (163 megawatts), Voltalia's
biggest windfarm, and with VSM 2 (128 megawatts) and VSM 3 (150 megawatts)
already under construction, I am pleased to announce the start of the
construction of the VSM 4 (59 megawatts) project in our Serra Branca
cluster. This new wind plant in Brazil, backed by long-term power sales
agreements, shows our full commitment to supporting private companies in
their energy transition. I take this opportunity to thank all workers on our
construction sites worldwide and their continuous mobilization despite the
challenges created by the sanitary crisis", comments Sébastien Clerc, Chief
Executive Officer of Voltalia.
The VSM 4 project is in Voltalia's Serra Branca cluster, the world's biggest
wind-and-solar cluster. The site covers approximately 40,000 hectares,
within a 50-by-15 kilometres area. The Serra Branca cluster accommodates a
2.4 gigawatt grid connection infrastructure, developed and built by
Voltalia, servicing 0.8 gigawatts of Voltalia wind plants in operation and
construction, 0.3 gigawatts of Voltalia solar projects with contracts
already secured, 0.7 gigawatts of wind plants sold to partners, and 0.7
gigawatts of further potential to be sold to partners or kept by Voltalia.
International turbine manufacturer Nordex Group has been chosen for the
supply of the 17 wind turbines to be installed at the VSM 4 site, each with
a power rating of 3.46 megawatts. The selected AW132/3465 model is assembled
locally in Brazil.
Voltalia won VSM 4's long-term power sale agreements in June 2019[1]:
· 7 megawatts with local power distribution companies under a 20-year
contracts starting 2023;
· 52 megawatts with a private offtaker under a 10-year contract starting
2022.
As for most Voltalia projects in Brazil, the VSM 4 project will be
commissioned ahead of the start of the long-term power sales agreements,
with anticipated production sold under a short-term contract already
secured. The wind farm is expected to start generating power during the
first semester of 2021.
Next on the agenda: H1 2020 results on September 24, 2020 (before maket
open)
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 1.3 GW and a
portfolio of projects under development representing total capacity of 7.8
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 791 employees and is present in 20 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 July 1st, 2019
Regulatory filing PDF file
File: PDF version [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: 1108563
End of Announcement EQS News Service
1108563 03-Aug-2020 CET/CEST
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