VOLTALIA (EPA:VLTSA) Voltalia awarded two new hydroelectric projects in metropolitan France
Transparency directive : regulatory news
28/08/2018 08:58
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PRESS RELEASE
August 28, 2018
Voltalia awarded two new hydroelectric projects in metropolitan France
Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in
renewable energies, announces today that it has won two new hydroelectric
projects in metropolitan France, for a total installed capacity of 4.4 MW
After winning two solar projects in France's national call for tender earlier
this month(1), Voltalia has again been selected by the French Ministry for
Ecological and Inclusive Transition in a call for tender for the construction
and operation of small hydropower plants. This new win highlights the
competitiveness of the projects developed by the Group in metropolitan France.
The two winning projects are the hydroelectric project of Croix et Jorasse (2.4
MW), located in the town of Cordon in the Haute-Savoie department, and the
Merderel project (2 MW), located in Albiez-le-Jeune in the Savoie department.
These two high-head run-of-the-river hydropower plants will not require any
water retention and will have a limited environmental impact since they will
not hinder the sedimentary continuity.
The Croix et Jorasse and Merderel power plants will both benefit from a 20-year
electricity sales contract effective from commissioning, expected end of 2022
at the latest according to the terms of the tender.
"We are very proud to win two new projects under this national call for tender
dedicated to small hydropower. A particular care has been granted by the
Ministry to projects combining competitiveness and respect for the environment,
an approach aligned with Voltalia's. I congratulate the teams for this new
success!" comments Sébastien Clerc, CEO of Voltalia.
Next on the agenda: H1 2018 results on September 26 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 524 MW.
* Voltalia is also a service provider, assisting its investor clients active in
renewables at each project stages, from conception to operation and
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
index and the CAC Mid&Small index.
Voltalia
Chief Administrative Officer: Marie de Lauzon
Investor relations: invest@voltalia.com
+33 (0)1 81 70 37 00
Actifin
Press contact: J. Jullia
+33 (0)1 56 88 11 11
(1) See press release dated August 7, 2018