Voltalia SA: Commissioning of the Talagard (5 MW) solar plant in France

Voltalia SA
Voltalia SA: Commissioning of the Talagard (5 MW) solar plant in France

09-Dec-2019 / 07:29 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

 

Voltalia (Euronext Paris, code ISIN : FR0011995588), an international player in renewable energies, announces today the completion of the construction of the Talagard solar power plant (5 MW), built in Salon-de-Provence.

« Located less than 50 kilometers from our Aix-en-Provence branch, the Talagard power plant reflects our strong historical roots in the South Region. This region hosts many Voltalia projects, historically monetized through public tenders, but also more and more through corporate PPAs[1]. » declares Sébastien Clerc, CEO of Voltalia.

The plant benefits from a 20-year contract under the contract for difference scheme[2]. Equipped with 12,796 photovoltaic panels, it will produce electricity from renewable sources equivalent to the electricity consumption of nearly 6,500 people.

During its construction, the plant benefited from all Voltalia's know-how in terms of team safety, environmental protection and consultation with local stakeholders. The choice of the site - a former communal landfill of 6.5 hectares - reflects the desire to rehabilitate degraded sites. In addition, the land clearing compensation has been used to carry out maintenance work on the communal forest.

On November 8, a presentation of the Talagard project was made to the representatives of the region and the municipality. On this occasion, the mayor of Salon-de-Provence particularly emphasized the importance of contributing to the energy transition and the production of green energy. He also praised Voltalia's commitment to protect the environment (flora and fauna), during construction and during the entire period of operation of the plant.

 

About Voltalia ( www.voltalia.com)

Voltalia is an international player in the renewable energy sector. The Group produces and sells electricity generated from wind, solar, hydraulic, biomass and storage facilities that it owns and operates. Voltalia has generating capacity in operation and under construction of more than 1 GW and a portfolio of projects under development representing total capacity of 7.1 GW, of which 0.7 GW is secured.

Voltalia is also a service provider and supports its investor clients in renewable energy projects during all phases, from design to operation and maintenance. 

As a pioneer in the corporate market, Voltalia provides a global offer to private companies, ranging from the supply of green electricity and energy efficiency services to the local production of their own electricity.

The Group has 697 employees and is present in 19 countries on 4 continents and is able to act worldwide on behalf of its clients.

Voltalia is listed on the regulated market of Euronext Paris, compartment B (FR0011995588 - VLTSA) and is part of the Enternext Tech 40 and CAC Mid & Small indices. The Group is also included in the Gaïa-Index, an index for socially responsible midcaps.

 

Voltalia

Investor Relations: invest@voltalia.com

+33 (0)1 81 70 37 00

Actifin

Press Contact: Jennifer Jullia

jjullia@actifin.fr

+33 (0)1 56 88 11 11

 

[1] Long-term direct purchase contracts signed between a renewable electricity producer and a corporate client

[2] 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 tenders

Regulatory filing PDF file

Document title: pdf-VEN
Document: http://n.eqs.com/c/fncls.ssp?u=YGXKIGVVPN

Language: English Company: Voltalia SA 84 boulevard de Sébastopol 75003 Paris France E-mail: invest@voltalia.com Internet: www.voltalia.com ISIN: FR0011995588 Euronext Ticker: VLTSA AMF Category: Inside information / Other releases EQS News ID: 930835   End of Announcement EQS News Service

930835  09-Dec-2019 CET/CEST