First year of consolidation of Breeze Two Energy
Consolidation of Breeze Two Energy's revenue over 11 months
The Sales of electricity for own account activity accounts for 89% of the consolidated revenue
THEOLIA's portfolio of projects which already received all necessary authorizations reaches 205 MW
THEOLIA's consolidated annual revenue amounted to 95.4 million euros in 2013, including Breeze Two Energy as from February 1, 2013, an increase of + 41% compared to 2012.
WIND ACTIVITIES
Non-wind activity (3)
Consolidated total
(in thousand euros)
Sales of electricity for own account
Operation
Development, construction, sale
THEOLIA excl. Breeze Two Energy
46,834
6,320
2,677
1,110
56,941
Breeze Two Energy
38,507 (1)
-
-
-
38,507 (1)
FY 2013
85,340 (2)
6,320
2,677
1,110
95,447 (2)
FY 2012 as published
49,314
6,260
10,786
1,376
67,736
Change
+ 73%
+ 1%
- 75%
- 19%
+ 41%
From February to December 2013.
Including Breeze Two Energy as from February 1, 2013.
Excluding Environment activities.
The revenue from the Sales of electricity for own account activity reached 85.3 million euros in 2013, including Breeze Two Energy as from February 1, 2013, an increase of + 73% compared to 2012. Whereas the first and third quarters were penalized by less favorable wind conditions than in 2012, the Sales of electricity for own account activity recorded a strong growth in the fourth quarter of 2013.
The Sales of electricity for own account activity, which relies on 15- to 20-year electricity buy-back contracts, benefits from a recurring revenue and significant margins over the long term. This secure activity accounts for 89% of the 2013 consolidated revenue.
As at December 31, 2013, installed capacities for own account and related ones reached 644 MW, including Breeze Two Energy.
The revenue from the Operation activity amounted to 6.3 million euros in 2013, at the same level as in 2012, despite the reduction of capacities managed for third parties. As at December 31, 2013, capacities managed for third parties reached 579 MW, compared to 632 MW as at December 31, 2012.
The revenue for the Development, construction, sale activity reached 2.7 million euros in 2013, declining, according to the strategy implemented by the Group to reduce the pace of wind farm disposals. In 2012, THEOLIA had sold 5.2 MW of operating wind farms in Germany.
The Non-wind activity registered a revenue of 1.1 million euros in 2013, produced by the solar park in Germany.
THEOLIA secured a new building permit in France
THEOLIA has obtained all necessary authorizations for the installation of 3 wind turbines in the Moselle French department. The future wind farm's total capacity is estimated to 7.5 MW. This building permit is today free of any third-party claim.
In total, THEOLIA holds 205 MW in its pipeline which already received all necessary authorizations. In particular, the Hautes Bornes wind farm's construction will begin at the end of the first quarter of 2014. This wind farm, located in the Somme French department, will include 7 wind turbines, for a total capacity of 21 MW.
About THEOLIA
THEOLIA is an independent producer of wind energy, active over the entire wind value chain. The Group develops, builds and operates wind farms in four countries: Germany, France, Morocco and Italy. In total, the Group operates 1,224 MW for its own account and for third parties.
CONTACT
Elodie Fiorini
Communications & Investor Relations
Tel: +33 (0)4 42 906 596
elodie.fiorini@theolia.com
THEOLIA
French Société anonyme (public limited company with Board of Directors) with a share capital of €90,852,806.80
Registered office: 75 rue Denis Papin – BP 80199 - 13795 Aix-en-Provence Cedex 3 - France
Tel: +33 (0)4 42 904 904 – Fax: +33 (0)4 42 904 905 - www.theolia.com
THEOLIA is listed on the compartment C of NYSE Euronext Paris, code: TEO
APPENDIX
WIND ACTIVITIES
Non-wind activity (2)
Consolidated total
(in thousand euros)
Sales of electricity for own account
Operation
Development, construction, sale
First quarter
2013
20,347 (1)
1,742
925
128
23,142 (1)
2012
14,734
2,062
2,875
250
19,921
Change
+ 38%
- 16%
- 68%
- 49%
+ 16%
Second quarter
2013
20,045
1,558
1,371
421
23,395
2012
11,585
1,385
2,444
487
15,900
Change
+ 73%
+ 12%
- 44%
- 14%
+ 47%
Third quarter
2013
15,195
945
193
424
16,758
2012
9,176
1,088
1,002
510
11,776
Change
+ 66%
- 13%
- 81%
- 17%
+ 42%
Fourth quarter
2013
29,753
2,074
188
137
32,152
2012
13,819
1,724
4,466
130
20,139
Change
+ 115%
+ 20%
- 96%
+ 5%
+ 60%
Annual total
2013
85,340 (1)
6,320
2,677
1,110
95,447 (1)
2012
49,314
6,260
10,786
1,376
67,736
Change
+ 73%
+ 1%
- 75%
- 19%
+ 41%
Including Breeze Two Energy as from February 1, 2013.
Excluding Environment activities.
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Communiqué intégral et original au format PDF :
http://www.actusnews.com/documents_communiques/ACTUS-0-34873-pr-2013-annual-revenue.pdf
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