VOLTALIA (EPA:VLTSA) Voltalia signs its first power sale contract in Kenya (50 MW)

Transparency directive : regulatory news

23/05/2018 18:33

PRESS RELEASE

May 23, 2018

Voltalia signs its first power sale contract in Kenya (50 MW)

Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in
renewable energies, announces it has signed a power sale contract for a 50 MW
solar power plant in Kenya.

"This new project confirms our ambitions in Africa, a sun rich continent where
a significant part of the population still has no or poor access to
electricity. The project also underlines the benefits of Martifer Solar's
acquisition in order to reach our 2020 targets" says Sébastien Clerc, CEO of
Voltalia.

The 50 MW solar power plant project is located in Kopere (Nandi county), about
300 km North-West of Nairobi. Initiated by Martifer Solar, the development of
the project has been finalized by joint teams. Voltalia will leverage the
expertise of its teams based in Portugal for both the construction and
operation of the plant. The Kopere project benefits from a 20-year electricity
sale contract signed with Kenya Power and Lightning Company (KPLC), the Kenyan
electric power utility. It will be effective from the commissioning of the
solar power plant.

Located at the border of the Nandi and Kisumu counties, the solar plant
benefits from an optimal solar irradiation level. It will contribute to reach
the Kenyan government target of achieving universal electricity access by 2020
(vs. 70% in 2017). It will also positively impact the social and economic
environment of the Nandi county.

Following the announcement of the Group's first solar plant in Africa in
October 2017, this new win highlights Voltalia's strong ambitions on the
continent.

Next on the agenda: General Assembly Meeting on May 24, 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 17 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

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VOLTALIA (EPA:VLTSA) Voltalia signs its first power sale contract in Kenya (50 MW)

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