VOLTALIA (EPA:VLTSA) Voltalia : Voltalia’s first solar project in Africa. Voltalia wins a 25 MW project in Egypt.

Transparency directive : regulatory news

26/10/2017 17:41

Press release
October 26, 2017

                   Voltalia's first solar project in Africa
                    Voltalia wins a 25 MW project in Egypt

Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in
renewable energies, announces today it has won a 25 MW solar project in Egypt.

The future 25 MW(1) power plant, named Râ solar, will be located in the Ben
Ban complex in the Assouan region (Upper-Egypt).

Officially announced on October 24th in Paris during the official visit of
Egyptian president Abdel-Fatah al-Sissi, the project benefits from an
intergovernmental statement signed by both countries' Ministers of Foreign
Affairs, MM. Sameh Choukry and Jean-Yves Le Drian.

Voltalia's project is part of the national plan aiming at developing 4.3 GW of
renewable capacity, including 2 GW of solar PV. Voltalia will thus contribute
to the achievement of Egypt's national targets set under the 2015 Paris
agreement.

The Râ Solar plant will be equipped with photovoltaic panels mounted on
single-axis trackers and will benefit from a 25

year electricity sales contract with the Egyptian Electricity Transmission
Company ("EETC"). The construction will start at the beginning of 2018 and the
commissioning is expected in Q2 2019.

As for the financing of this project, Voltalia is working with Proparco, a
subsidiary of the French Development Agency ("AFD"). Proparco is dedicated to
the development of the private sector promoting sustainable economic, social
and environmental development practices. Committed to investing in developing
countries, it has a strong presence in Africa, particularly in Egypt where it
has recently closed significant financing deals in the energy sector.

" I welcome this success which confirms Voltalia's positioning to meet the
growing electricity demand in Africa. In addition, this project gives us the
opportunity to work alongside Proparco, our long-term partner ", says
Sébastien Clerc, Voltalia's CEO.

(1) 32 MW (DC)

Signing by M. Sameh Choukry, M. Jean-Yves le Drian and Sébastien Clerc

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 501 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) and entered the Enternext Tech 40 index in April
  2017 and the CAC Mid&Small in September 2017.

Actifin
Investor relations: A. Commerot, acommerot@actifin.fr
Media relations: J. Jullia, jjullia@actifin.fr
+33 (0)1 56 88 11 11

Voltalia
General Secretary: Marie de Lauzon
invest@voltalia.com
+33 (0)1 44 63 14 40

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VOLTALIA (EPA:VLTSA) Voltalia : Voltalia’s first solar project in Africa. Voltalia wins a 25 MW project in Egypt.

Transparency directive : regulatory news

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