DJ Voltalia SA: LCL and Voltalia are joining forces to launch a new service for businesses, the first long-term supply contracts for green electricity
Voltalia SA
Voltalia SA: LCL and Voltalia are joining forces to launch a new service for
businesses, the first long-term supply contracts for green electricity
09-Oct-2020 / 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.
A new type of partnership in France
LCL and Voltalia are joining forces to launch a new service for businesses,
the first long-term supply contracts for green electricity
Voltalia (Euronext Paris ISIN code: FR0011995588), an international player
in renewable energies, and LCL, a leading bank for small and medium-sized
businesses, have joined forces to offer a unique service in France: enable
some fifteen of the companies most involved in the energy transition to
benefit from contracts that will secure their supply of green electricity
produced in France over a long period of time, at guaranteed prices and
capacities.
This project is the first multi-purchaser Green Corporate Power Purchase
Agreement (Green CPPA[1]) in France.
The electricity will come from a 55-megawatt photovoltaic plant, which
Voltalia will develop and operate. This plant, located in the South of
France, will also host an agricultural activity, making this project an
example in terms of supporting the local economy.
For its part, LCL will structure and manage the guarantee mechanism
necessary for the financing of the project by the usual players in the
sector. In addition, LCL will subscribe to this Green CPPA alongside its
customers, in order to secure, over the long-term, part of its own green
electricity needs, which already represents close to 100% of its
consumption.
Voltalia, LCL and the companies participating in the Green CPPA will thus
contribute, together and very directly, to increasing green energy
production capacity in France and, as a result, to reducing CO2 emissions by
13,000 tons per year.
Through this partnership, LCL is strengthening the "Climate Impact" universe
of its LCL Smart Business open-banking program, launched in 2018 and
offering innovative solutions to support the transformation of LCL's
Enterprise customers (Innovation, Digital, Energy Transition, CSR).
"As a bank committed to energy transition, we are very pleased to be able to
offer our customers the first Green Corporate PPA on the French market.
Because of its additive and environmental dimension, this project makes a
concrete contribution to the fight against global warming. With Voltalia, we
very quickly came to agree on the usefulness and meaning of this great
project." comments Olivier NICOLAS, Member of the Excom, in charge of the
Corporate and Institutional Market, at LCL.
"The launch of this offer reflects our desire to support all businesses in
their energy transition. LCL, through its proximity to companies and its
ability to mobilize its balance sheet, allows us to broaden the circle of
companies, large and small, who want to join forces with Voltalia to reduce
their greenhouse gas emissions," commented Sébastien CLERC, CEO of Voltalia.
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 1.3 GW
and a portfolio of projects under development representing total capacity of
8.5 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 994 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 Press Contact Actifin
Investor Relations: 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] Green Corporate Power Purchase Agreement
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: 1139860
End of Announcement EQS News Service
1139860 09-Oct-2020 CET/CEST
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