Voltalia signs a share purchase agreement to sell 187-megawatt wind projects to Brazilian utility Copel
18 Mai 2021 - 7:00AM
Voltalia signs a share purchase agreement to sell 187-megawatt wind
projects to Brazilian utility Copel
Voltalia (Euronext Paris, ISIN code:
FR0011995588), an international player in renewable energies, today
announced the signing of a share purchase agreement for the
sale of 100% of its 128 megawatt VSM2 and 59 megawatt VSM4 wind
farms to the Brazilian utility Copel. The actual sale is
scheduled for November 30, 2021, once the conditions
precedent have been met.
Over the past years, Voltalia has pursued a
strategy consisting in developing a high volume of competitive
projects with the view of keeping some projects while partnering
with strategic partners for others.
As of today, Voltalia owns 624 megawatts of
operating wind farms and 187 megawatts of wind farms under
construction at Serra Branca in Brazil, the world's largest
wind-and-solar complex, with a potential of 2.4 gigawatts,
developed entirely by Voltalia. In addition, Voltalia owns wind,
solar and hybrid assets in operation and in construction located in
the Brazilian states of Rio Grande do Norte, Bahia and Amapá, for a
total of 223 megawatts.
In parallel, Voltalia develops a pipeline of
future solar, wind and hydro projects representing a total of
5,1 gigawatts as of end of 2020. This pipeline has been
increasing over the past years, and important development
milestones achieved since the beginning of 2021 will significantly
expand further this pipeline. Voltalia will therefore continue to
sell a big portion of its future projects.
The VSM2 and VSM4 wind farms are both part of
the Serra Branca cluster. The wind farms will use the
infrastructure developed and built by Voltalia, including the 500
kV transmission lines. VSM2 has just completed its commissioning,
while VSM4, currently under construction, is expected to begin
operations in June. Voltalia's teams will continue to operate and
maintain both plants after the sale to Copel.
Copel is one of Brazil's leading utilities,
serving 4.8 million customers in 395 municipalities and 1,113
localities (districts, towns and villages). This acquisition is in
line with the Company’s sustainable growth strategy in the field of
renewable energy and is fully consistent with its recent investment
policy approved earlier this year. Copel is listed on the São
Paulo, New York and Madrid stock exchanges and its main shareholder
is the State of Paraná.
A long-time partner of Voltalia, with a minority
stake in Voltalia's SMG wind farm (108 megawatts) since 2015, Copel
was recently one of the counterparties of the long-term power sales
agreements totaling 270 megawatts for the SSM 1&2 solar
farms.
"This share purchase agreement shows our
partners' renewed confidence in our quality projects and our
continuous strategy to develop a large amount of projects,
providing additional revenues for our Services activity. VSM2 and
VSM4 will continue to create value for the Group, as the
maintenance of both wind farms will be handled by Voltalia's
teams," said Sébastien Clerc, Voltalia’s CEO.
The Serra banca cluster as of today:
Ownership |
Technology |
Status |
Capacity (in MW)Before
transaction |
Capacity (in MW)After
transaction |
Developed and owned by Voltalia |
Wind |
Operating |
624 |
496 |
Developed and sold with services by Voltalia |
Wind |
Operating |
273 |
401 |
Sub total |
|
|
897 |
897 |
Developed and owned by Voltalia |
Wind |
Construction |
187 |
128 |
Developed and sold with services by Voltalia |
Wind |
Construction |
301 |
360 |
Sub total |
|
|
488 |
488 |
Developed & Owned by Voltalia |
Solar |
Ready to build with PPA |
530 |
530 |
Under Development by Voltalia |
Solar & Wind |
Development |
~500 |
~500 |
Grand Total |
|
|
~2 400 |
~2 400 |
Next meeting : General Assembly
2021, 19 May 2021 at 3pm
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 1.4 GW and a portfolio of projects under
development representing total capacity of 9.7 GW. 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 more than 1,130 employees and is present
in 20 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. |
VoltaliaInvestor Relations: invest@voltalia.comT. +33 (0)1 81 70 37
00 |
ActifinPress Contact: Jennifer Julliajjullia@actifin.fr
. T. +33 (0)1 56 88 11 11 |
- Voltalia signs a share purchase agreement to sell 187-megawatt
wind projects to Brazilian utility Copel
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