VOLTALIA (EPA:VLTSA) Voltalia : First solar PV plant for Voltalia in Brazil.

Transparency directive : regulatory news

23/01/2017 17:55

Press release January 23,2017

                  First solar PV plant for Voltalia in Brazil

Voltalia (Euronext Paris, code ISIN : FR0011995588), international renewable
energy player, announces today the beginning of the construction of its first
solar PV plant in Brazil, a 4 MW power plant located in Oiapoque, in the State
of Amapa.

An exemplary project

Just over a year after the commissioning of the Oiapoque plant's first unit in
Brazil(1), Voltalia announces today the launch of the construction works of its
very first solar PV plant in Brazil, with a capacity of 4 MW.

Voltalia won the Oiapoque tender in 2014(2), standing out as the only
competitor offering a hydro/thermal mixed project, producing a cleaner and
cheaper electricity than the one generated by the diesel generators so far used
by the city.

The commissioning of the new solar plant is expected in Q3 2017. This project
is the first on which Voltalia's teams have closely worked with Martifer
Solar's(3), thus benefitting from the latters' experience in solar plant design
and from attractive conditions to purchase equipment.

A showcase of Voltalia's industrial  expertise

The construction of this first solar PV plant exemplifies Voltalia's industrial
know-how and agility. This solar PV power plant in remote area will benefit
from existing infrastructures: the transmission line owned by Voltalia and the
substation belonging to the local utility. An additional transmission line will
also be built and owned by Voltalia for this purpose.

The terms and conditions of the 15-year electricity sales contract remaining
unchanged(4), this new solar capacity will enable Voltalia to reduce its
operational expenses by significantly reducing the use of the thermal
generators.

Once the hydropower plant is commissioned, the Oiapoque site will include a
12 MW thermal unit, a 4 MW solar plant and the 7.5 MW hydro unit. It will thus
stand out by the association of two renewable energy sources associated to a
thermal plant to produce a 90% renewable electricity.

(1) See press release dated December 9, 2015
(2) See press release dated October 2, 2014
(3) See press release dated August 19,2016
(4) Contract details available in the press release dated December 9, 2015

Next on the agenda: Q4 2016 revenues, on January 25, 2017 (post trading)

About Voltalia (www.voltalia.com)

* Voltalia is an international renewable energies company producing electricity
  from many sources (wind and solar power, hydropower and biomass, with an
  installed capacity of 480 MW). It also provides services to independent
  customers.
* Voltalia operates in 17 countries over 4 continents and is able to act
  worldwide on behalf of its customers.
* Voltalia has been listed on the Euronext regulated market in Paris since July
  2014 (FR0011995588 - VLTSA).

Actifin
Investor relations: A. Commerot, acommerot@actifin.fr
Press Relations: J. Jullia, jjullia@actifin.fr
Tel: +33 1 56 88 11 11

Voltalia
Chief Administrative Officer: Marie de Lauzon
Email: invest@voltalia.com
Tel: +33 1 44 63 14 40

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