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Voltalia SA — M&A Activity 2015
Jul 22, 2015
1759_iss_2015-07-22_d66a8fb7-e3f0-4cc7-9ff6-7a16b181d77c.pdf
M&A Activity
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Voltalia buys a portfolio of wind projects of 379 MW in France
- Now 1,600 MW of projects in development worldwide, of which 22% in France
- A geographical rebalancing of the mid-term project portfolio
- An operation in line with the Group's multi-country, multi-energy strategy
Renewable energy based electricity producer Voltalia (Euronext Paris) announces the acquisition of a wind projects portfolio in France from Maïa Eolis, a company jointly held by Groupe Maïa (51%) and Engie (49%), formerly GDF Suez. Under this agreement, Voltalia also secures land rights on projects currently in the study phase.
The purchased projects, from the most preliminary to the most advanced stage, represent an overall 379 MW potential capacity (in development or in study phase). The first construction works could start within the next two years.
In this context, Maïa Eolis and Voltalia will work together to ensure the continuity of the relationship with local partners, especially local authorities and land owners.
This transaction adds to Voltalia's global pipeline of projects in development while rebalancing its geographic footprint. As of June 30, 2015, French projects in development accounted for 12% of the company's global pipeline (1,430 MW). Taking this purchase into account, this share reaches 22%. Besides, the projects are located in attractive areas, complementary to the ones so far developed by Voltalia in France.
« With the COP21 conference in Paris in a few months, we anticipate enhanced ambitions for the accelerated development of renewable energy in France by 2030, while the country currently lags behind its existing 2020 targets, says Sébastien Clerc, CEO of Voltalia. Renewable energies will therefore keep on growing in France."
Next on the agenda: Q2 2015 revenues to be disclosed on July 30, 2015, post trading.
About Voltalia (www.voltalia.com)
- Electricity producer renewable energy, Voltalia develops, owns and operates power plants representing a total installed capacity of 271 MW (incl. SMG, see press release dated 8/06/2015) in four energy segments: wind, solar, hydro and biomass.
- Doing business in France, Brazil, Greece, French Guiana and Morocco, Voltalia draws on the power generation know-how and international expertise of a team of 102 employees.
- Voltalia is listed on Euronext Paris since July 2014 (FR0011995588 VLTSA).
| Actifin | Voltalia |
|---|---|
| Investor relations: Alexandre Commerot | Marie de Lauzon, Chief Administrative Officer |
| Press contact: Jennifer Jullia | Tel: +33 1 44 63 14 40 |
| Tel: +33 1 56 88 11 11 | Email: [email protected] |
| E-mail: [email protected] |