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Voltalia SA — M&A Activity 2016
Jun 17, 2016
1759_iss_2016-06-17_901d71b4-211f-4b58-b390-bb1729a57c95.pdf
M&A Activity
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Voltalia expands its project portfolio in Morocco
Voltalia (Euronext Paris, ISIN code: FR0011995588), renewable energy based electricity producer, announces the acquisition of Alterrya Maroc, a renewable energy project development company in Morocco.
This transaction enables Voltalia to acquire a portfolio of projects representing a total potential capacity of 185 MW of wind power and 100 MW of solar power.
The projects acquired are at various development stages, from the most preliminary to most advanced; first construction works could start within the next two years.
This transaction follows the filing of applications earlier this year for the authorisation of four hydroelectric projects (40 MW in total), one solar project (2 MW) and one wind project (105 MW), thus confirming Voltalia's ambitions in Morocco.
"With COP 22 being held in Marrakech this year, we are very happy to expand our project portfolio in the Kingdom of Morocco", says Sébastien Clerc, CEO of Voltalia.
Next on the agenda: Q2 2016 revenues to be disclosed on July 28, 2016, post trading.
About Voltalia (www.voltalia.com)
- Producer of electricity from renewable energy, Voltalia develops, owns and operates power plants representing a total installed capacity of 376 MW in four energy segments: wind, solar, hydro and biomass.
- Voltalia is present in metropolitan France, Brazil, Greece, French Guiana and Morocco.
- Voltalia has been listed on the regulated Euronext market in Paris since July 2014 (FR0011995588 VLTSA). Actifin Investor relations: A. Commerot, [email protected] Press relations: J. Jullia, [email protected] Tel: +33 1 56 88 11 11 Voltalia Chief Administrative Officer: Marie de Lauzon E-mail: [email protected] Tel: +33 1 44 63 14 40