Voltalia Expands Renewable Energy Portfolio with Wind Farm Sale

Voltalia's Recent Sale of Wind Power Capacity

Voltalia, a notable player in the renewable energy sector, has recently made headlines by selling a significant wind farm project. This transaction involved the La Faye wind farm, which features a capacity of 12 megawatts. The buyer, Compagnie Nationale du Rhône (CNR), is recognized as a key contributor to France's energy transition, showcasing the importance of collaboration within the renewable energy sphere.

Details of the Wind Farm

The La Faye wind farm is strategically located within the Nord Charente region of France. It comprises six turbines, each capable of generating two megawatts of power. Installed back in July 2010, this facility has been a reliable source of renewable electricity. As the power sales contract approaches its conclusion, the sale represents an important step for Voltalia in managing its assets effectively.

Technical Management Support

Moving forward, Voltalia is set to maintain a role in the La Faye wind farm's operation. The company will provide technical management through its subsidiary, Greensolver. This subsidiary is now recognized by CNR as a qualified asset manager, ensuring that the wind farm continues to operate smoothly.

CEO's Insight on the Sale

Sébastien Clerc, the Chief Executive Officer of Voltalia, expressed optimism regarding the sale. He noted, "This sale not only extends the average residual term of our portfolio of long-term power sales contracts but also allows us to continue delivering operation and maintenance services. This strategic move is essential for optimizing our assets and strengthening our overall position in the market."

Looking Ahead for Voltalia

Encouraged by this sale, Voltalia is poised to focus on future growth initiatives. The company is on the horizon for its upcoming Q4 turnover report, which is anticipated on January 29. This report will reflect the company’s performance and strategic positioning, further enlightening investors and stakeholders.

About Voltalia

Voltalia is a renowned international player in the renewable energy industry, driving the production and sale of electricity from various sources, including wind, solar, hydro, biomass, and energy storage facilities. The group boasts a substantial operational capacity of 3.1 gigawatts, alongside a robust development pipeline totaling 17.2 gigawatts. This impressive scale underscores Voltalia's commitment and capacity to meet global energy needs sustainably.

The Company's Commitment to Sustainability

In addition to its energy production capabilities, Voltalia supports clients throughout the lifecycle of their projects. From the initial design phase to the operation and maintenance stages, they provide comprehensive services in renewable energy. Their pioneering approach includes offering green electricity supply, energy efficiency services, and localized electricity production, showcasing their commitment to a more sustainable future.

The Global Footprint of Voltalia

With over 2,000 employees across 20 countries, Voltalia is well-positioned to impact the renewable energy landscape on a global scale. Their inclusion in the Euronext regulated market in Paris (with the stock ticker Paris: VLTSA) reflects their commitment to transparency and corporate governance, making them a trusted choice for investors seeking to integrate sustainability into their portfolios.

Frequently Asked Questions

What is the significance of Voltalia's recent sale?

Voltalia's sale of the La Faye wind farm enhances its strategic asset management and reflects its commitment to the renewable energy sector.

Who purchased the La Faye wind farm?

The wind farm was sold to Compagnie Nationale du Rhône (CNR), a significant player in France's energy transition.

What will Voltalia's role be after the sale?

Voltalia will continue to provide technical management services for the La Faye wind farm via its subsidiary, Greensolver.

When is Voltalia's next financial report due?

Voltalia's upcoming Q4 turnover report is scheduled for release on January 29.

What makes Voltalia a leader in renewable energy?

Voltalia's extensive operational capacity, diverse energy sources, and commitment to sustainability solidify its position as a leader in the renewable energy market.

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