VOLTALIA (EPA:VLTSA) Launch of the construction of the Echauffour wind plant (10 MW) in France
Transparency directive : regulatory news
12/04/2018 18:29
Click here to download pdf version
PRESS RELEASE
April 12, 2018
Launch of the construction of the Echauffour wind plant (10 MW) in France
Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in
renewable energies, announces today the beginning of the construction of the
Echauffour wind power plant (10 MW) in Normandy.
Located in Echauffour in the Orne department (61), the Echauffour power plant
is Voltalia's first wind farm in Normandy, a region benefitting from the second
best wind potential of the country, after Brittany. Equipped with wind turbines
provided by Senvion, this project will be built and operated by Voltalia. It
will benefit from long-term revenues secured for 15 years, under the contract
for difference(1) scheme.
This project falls within the local energy transition policy. As part of the
"Perche / Pays d'Ouche" regional wind plan, the Echauffour plant will help
reach the region's installed capacity target of 70 to 100 MW by 2020.
The commissioning of the power plant is expected in the first semester of 2019
and its electricity production should cover the consumption of circa 10,000
households.
Next on the agenda: Q1 revenues on April 18, 2018
About Voltalia (www.voltalia.com)
* Voltalia is an international player in the renewable energy sector. The
Company produces and sells electricity generated from wind, solar, hydro and
biomass power plants; it owns a total installed capacity of 508 MW.
* Voltalia is also a service provider, assisting its investor clients active in
renewables at each project stages, from conception to operation &
maintenance.
* With more than 460 employees in 18 countries, over 4 continents, Voltalia is
able to act worldwide on behalf of its clients.
* Voltalia has been listed on the Euronext regulated market in Paris since July
2014 (FR0011995588 - VLTSA) and is a component stock of the Enternext Tech 40
and CAC Mid&Small indexes.
Actifin
Investor Relations:
A. Commerot, acommerot@actifin.fr
Media Relations: J. Jullia
+33 (0)1 56 88 11 11
Voltalia
Chief Administrative Officer:
Marie de Lauzon
invest@voltalia.com
+33 (0)1 44 63 14 40
(1) Implemented by the 2016 French energy Act (" loi relative à la transition
énergétique pour la croissance verte "), the contract for difference system
("complément de rémuneration") consists in a premium price granted to the
electricity producer to compensate the difference between the market price and
the tariff fixed in the tariff order or stated in the terms of the call for
tender
www.voltalia.com