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Voltalia SA: first megawatt hours produced at the VSM wind farms in Brazil


Voltalia SA
Voltalia SA: first megawatt hours produced at the VSM wind farms in Brazil

11-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, announces that the first turbines of the VSM wind farms (291 MW), located in its Brazilian cluster of Serra Branca (Rio Grande do Norte), have been commissioned

"Less than a year after the beginning of their construction, the VSM wind farms, located in the Serra Branca cluster, have produced their first megawatt hours, in line with our commissioning schedule. I congratulate Voltalia teams for this success!", says Sébastien Clerc, CEO of Voltalia.

Three turbines belonging to the VSM wind farms, representing an installed capacity of approximately 10 MW, have started to produce electricity. The VSM farms benefit from a 500 kV transmission line and other facilities completed earlier this year[1], allowing the sale of the electricity produced.

The commissioning of the remaining VSM 1&2 turbines will be gradual, with the full capacity (291 MW) planned to be in operation by the end of H1 2020. This commissioning occurs well ahead of the 20-year power purchase agreements start dates, set in 2021, 2023 and 2024. Most of the electricity produced before the starting dates of the long-term power purchase agreements will be sold via already secured contracts on the free market, generating extra-value for the projects.

The cluster of Serra Branca offers a potential capacity of 2.4 GW, to be owned by Voltalia or sold to partners. Upon completion of VSM 1&2, Voltalia will own 600 MW in operation in the cluster.

 

 

About Voltalia ( www.voltalia.com)

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

Investor Relations: [email protected]

+33 (0)1 81 70 37 00

Actifin

Press Contact: Jennifer Jullia

[email protected]

+33 (0)1 56 88 11 11

 


[1] Press release dated September 3rd, 2019


Regulatory filing PDF file

Document title: pdf-VEN
Document: http://n.eqs.com/c/fncls.ssp?u=WLXCEYIDWO


Language: English
Company: Voltalia SA
84 boulevard de Sébastopol
75003 Paris
France
E-mail: [email protected]
Internet: www.voltalia.com
ISIN: FR0011995588
Euronext Ticker: VLTSA
AMF Category: Inside information / Other releases
EQS News ID: 934083
 
End of Announcement EQS News Service

934083  11-Dec-2019 CET/CEST

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