DJ Voltalia's commercial activity reaches an all-time high: one gigawatt of new power sales contracts secured over 2020
Voltalia SA
Voltalia's commercial activity reaches an all-time high: one gigawatt of new
power sales contracts secured over 2020
15-Dec-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's commercial activity reaches an all-time high
One gigawatt of new power sales contracts secured over 2020
83% solar based, confirming Voltalia's position in the most dynamic market
segment
Voltalia (Euronext Paris ISIN code: FR0011995588), an international player
in renewable energies, reports record commercial activity. The total
capacity secured during the year amounts to 1,028 megawatts, more than 2.6
times the already high level recorded in 2019. Companies which consume the
green electricity through Corporate PPAs[1] represent 25% of the 2020 client
base. The average duration of the 1,028-megawatt contracts is 16.4 years.
"Following yesterday's announcement of a major contract win for our
subsidiary Helexia, I am thrilled to announce that we have crossed the
1-gigawatt milestone of Energy sales contracts secured during the year. This
performance is even more remarkable since the global pandemic slowed-down
many clients for months. The growth catalysts that played a role in this
year's achievement had been identified as part of our 2023 strategic
roadmap, including the capacity to leverage our Services network to grow as
an IPP in targeted countries, the opportunity for Helexia to use Voltalia as
a growth platform and the rise of Corporate PPAs in Europe. This huge
success is achieved without compromising what makes the strength of our
model: selling competitive electricity through long-term contracts" declares
Sébastien Clerc, CEO of Voltalia.
After signing 241 megawatts in 2018, 389 megawatts in 2019, Voltalia has
signed 1,028 megawatts of new power sales contracts in 2020, making it the
best year in Voltalia's young history.
· Helexia, Voltalia's subsidiary specializing in solar rooftops and energy
efficiency, has grown x3.2 since it was acquired by successfully using the
Group's platform to expand its activities.
· In line with its strategy, Voltalia leveraged its local presence as a
Service provider to grow as an independent power producer in Albania,
Greece, and Jordan[2].
· In Brazil, Voltalia successfully added solar projects into its Serra
Branca site, the world's largest wind-and-solar cluster.
· Finally, Voltalia is capturing the full potential of rising Corporate
PPAs with 260 megawatts signed in 2020. After creating the market for
corporate PPAs in France, Voltalia confirmed its leadership position. All
in all, Corporate PPAs were signed with very strong counterparties in
various sectors: retail, agribusiness, chemicals, banking and a local
authority.
The growth of Voltalia's portfolio and sharp increase in the number and
nature of counterparties are achieved in line with Voltalia's core business
model: engaging in contracts that are long-term (18 years on average for
Corporate PPAs signed in 2020, 16 years for Utility PPAs signed in 2020),
cost competitive, and hedged for inflation especially when denominated in
non-euro currency.
Technology-wise, 2020 marks a sharp acceleration in solar (both ground solar
and rooftops). The strong decrease in solar costs makes this technology fit
for Corporate PPAs in more and more countries, giving the opportunity to
companies to act effectively against climate change while cutting their
energy bill.
Next on the agenda: Q4 2020 revenues on January 26, 2021
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] Corporate PPA: corporate Power Purchase Agreement, direct agreement
between a power producer and a corporate
[2] Already in operation, see press release dated November 5, 2020
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: 1155461
End of Announcement EQS News Service
1155461 15-Dec-2020 CET/CEST
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December 15, 2020 12:00 ET (17:00 GMT)
