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Voltalia SA — M&A Activity 2016
May 10, 2016
1759_iss_2016-05-10_00c5fc74-d520-461b-b94f-d2648ea095e7.pdf
M&A Activity
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Consolidation of Voltalia's ambitions in wind project development in France
Voltalia (Euronext Paris, ISIN code: FR0011995588), renewable energy based electricity producer, announces the acquisition from a long-standing partner of the minority part (49.9%) of a four wind project portfolio in France. These projects are located in the Bourgogne Franche-Comté
region, where Voltalia already operates the Molinons plant (10 MW), commissioned in December 2014.
These projects, at various development stages, represent a total potential capacity of 76 MW. The first construction could start within the next eighteen months.
The partner will still contribute its expertise to Voltalia as a service provider to develop these projects and will remain a partner of choice for future projects.
This transaction enables the Company to strengthen its position in France, which has set ambitious targets regarding additional renewable energy capacity.
« We are glad to confirm our ambitions in France, and particularly this acquisition, which supports our commitment in a region which possesses plentiful wind resources », said Sébastien Clerc, Voltalia CEO.
Next on the agenda: Combined Ordinary and Extraordinary General Meeting of shareholders at 2pm on May 12, 2016 in the auditorium in Jones Day's offices, 2, rue Saint-Florentin, 75001 Paris.
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