Regulatory Filings • Mar 10, 2022
Regulatory Filings
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Paris, 10 March 2022
Neoen (ISIN Code: FR0011675362, ticker: NEOEN), one of the world's leading producers of exclusively renewable energy is announcing that it has been awarded 92.5 MWp in the latest call for tenders for groundbased solar farms held by the French government ("PPE2"). The 92.5 MWp is broken down into seven projects ranging from 4.7 to 30 MWp. In line with the company's business model, Neoen is the majority shareholder of these projects.
Most of the power plants are to be built on rehabilitated land, such as former quarries, landfill sites or fallow farmland. This approach is part of Neoen's drive to repurpose former industrial sites and develop projects that provide new opportunities for farming.
The seven projects are located in the regions of Nouvelle Aquitaine (Charente and Landes), Occitanie (Aveyron and Aude) and Grand Est (Moselle and Haute Marne). They demonstrate Neoen's ability to develop projects throughout different regions of France in close collaboration with local and national officials, landowners, farmers, and other stakeholders. The plants are due to be commissioned in 2024 and 2025.
The 92.5 MWp awarded in the PPE2 brings the total of photovoltaic projects won by Neoen in French government tenders in the past five years to 661.4 MWp.
Guillaume Decaen, French Development Director: "Neoen has won a total of 92.5 MWp in this solar tender, demonstrating the quality of our projects and the competitive strength of our offers. We are proud to consolidate our leadership in France. I would like to offer my warmest congratulations to our six regional offices and to thank the local stakeholders with whom we have worked hand in hand."
Xavier Barbaro, Neoen's Chairman and Chief Executive Officer: "This renewed success strengthens our position as number one independent producer of renewable energy in France. Yet this is just the
| Contact | Press | |
|---|---|---|
| Neoen | OPRG Financial | |
| [email protected] | Isabelle Laurent +33 1 53 32 61 51 [email protected] |
Fabrice Baron +33 1 53 32 61 27 [email protected] |
beginning. Our development prospects in our home market are immense. More than ever, renewable energy plays a key role in competitiveness and energy sovereignty, both major issues for France and for Europe and we are working hard to accelerate the transition."
Neoen is one of the world's leading independent producers of exclusively renewable energy. Neoen has over 5.4 GW of solar, wind and storage capacity in operation or under construction in Australia, France, Finland, Mexico, El Salvador, Argentina, Ireland, Portugal, Jamaica, Mozambique, and Zambia. The company is also active in Croatia, Ecuador, Italy, Sweden, and the USA. Neoen's flagship assets include France's most powerful solar farm in Cestas (300 MWp), and two of the world's largest lithium-ion batteries: Hornsdale Power Reserve (150 MW / 193.5 MWh) and Victorian Big Battery (300 MW / 450 MWh), in Australia. Neoen is targeting more than 10 GW capacity in operation or under construction by the end of 2025. Neoen (ISIN Code: FR0011675362, ticker: NEOEN) is listed in Compartment A of the regulated market of Euronext Paris.
For more information: www.neoen.com
Isabelle Laurent +33 1 53 32 61 51 [email protected] Fabrice Baron +33 1 53 32 61 27 [email protected]
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