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With this new contract, Voltalia crosses the bar of es 4 billion of future revenues secured by contract s sales long-term Voltalia (Euronext Paris ISIN code: FR0011995588), international player in renewable energy, sign a contract private sale of electricity with BR F, the one of the worlds leading agribusiness with 1 0 0 000 staff in 140 countries. This new contract will increase the size of Voltalias VSM 2 wind project, from 6 4 MW to 12 8 MW. The accumulated revenues future secured by contract s long-term than now 4 billion of euros. First long-term electricity sales contract signed with a private customer on the open market for Voltalia With its strategy concentrated ed on market é s unsubsidized, Voltalia has signed since 2014 many contracts short and medium term power sales , to sell at a high price electricity between commissioning accelerated central and early es contract s long-term sale of electricity. These private contracts reflected the value creation achieved thanks to the Groups technical know-how to accelerate the construction of power plants. electric. With the success achieved on the open market , Voltalia announces the signing with a new customer, BFI, its first long-term contract private sale of electricity, running over a period of 10 years beginning in January 2021. Once With the 10-year contract completed, Voltalia sells to production under new short- or long-term electricity sales contracts. A global leader in agribusiness as a long-term partner Voltalia is proud to have formed this partnership with BRF. With operations in more than 1 4 0 countries, BRF is a multinational agribusiness headquartered is located in Brazil and is listed both on the stock exchange in Sao Paulo and that of New York. Three i th global player in the poultry sector , BRF has its own production capacity, an integrated logistics structure and services available in six regions: Europe / Eurasia, Latin America, bresi l, Africa and Africa North / Middle East. Today, BRF manages more than 50 factories, 40 distribution centers and 34,000 suppliers worldwide, thanks to more than 1 0 0 000 employees. Increasing the size of the wind project VSM 2, to exceed even a little more the 2020 targets With this new contract with BRF, Voltalia will increase the size of the wind farm project VSM 2 , which will go from 64 [1] MW to 128 MW. This new success brings the installed capacity expected in operation to 1 0 40 MW at the end of 2020 [2] for the Group. As with most Voltalia projects in Brazil, the construction of 64 MW will be accelerated . The turbines are expected to be commissioned gradually in 2020 , producing electricity that will be sold on the open market before the start of the contract with BRF in January 2021. The VSM 2 project belongs to the Voltalia cluster of Serra Branca. With a total potential of about 2 GW, it is one of the largest s website s energy renewable world . The development of new capacities will continue to reach the full potential of the cluster , with the possibility for each new project to be either owned by Voltalia or sold to investors. Voltalia in Brazil: key figures Voltalia is a major player in Brazil, with many successes to its credit. The local team, established since 2006, has developed a portfolio of large-scale projects including: 433 MW currently in operation, within the clusters of Serra Branca (wind), Sao Miguel do Gostoso (wind), and Oiapoque (diesel and solar hybrid) ; 29 8 MW of projects with already secured electricity sales contracts, which are planned to be built in the next few years in the Serra Branca (wind) cluster and in Oiapoque (hydro complement of the hybrid installation) ; 2.7 GW of projects under development [3] , mainly located in é states Rio Grande do Norte and Bah í has for projects primarily wind s and solar s . This contract illustrates once again the many opportunities available to us in a country where renewable energy is by far the cheapest source of electricity. This contract will not only lower the cost s of electricity supply our customer BRF for a period of 10 years, but also enjoy to Voltalia since our selling price is more than 50% higher than the price of the 20-year contract secured for VSM 2 in August. With experience accumulated in the open market , n ou can offer attractive opportunities for many private client s in Europe, Africa and Latin America , commented Sébastien Clerc, CEO Voltalia. With this new contract, Voltalia crossed a major milestone with more than 4 billion euros in cumulative revenues of future secured through long-term sales contracts : a level noticed a b it for a portfolio of 1 GW , adds Sébastien Clerc. About Voltalia ( www.voltalia.com ) Voltalia is an international player in renewable energies. The Group produces and sells electricity from its wind, solar, hydraulic and biomass plants ; it has a total installed capacity of 524 MW. Voltalia is also a service provider and supports its investor clients in renewable projects at all stages, from design to operation and maintenance. With its more than 4 9 0 employees in 18 countries on 4 continents, Voltalia has a global operational capacity for its customers. Voltalia has been listed on the Euronext regulated market in Paris since July 2014 (FR0011995588 - VLTSA) and is part of the Enternext Tech 40 and CAC Mid & Small indices. The Group is included in the GaI -Index, the index of responsible average values. Voltalia Secretary General : Marie de Lauzon Investor Relations : invest@voltalia.com +33 (0) 1 81 70 37 00 Actifin Press Relations : J ennifer Jullia jjullia@actifin.fr +33 (0) 1 56 88 11 11 [1] 60 MW at the auction, optimized at 64 MW soon after . [2] The secure extension of the VSM 2 project was initially 42 MW. [3] As at June 30, 2018 ; projects developed s own account or to be sold with additional services to clients thirds. |
