Voltalia acquires minority stake in French wind projects

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Voltalia acquires minority stake in French wind projects

Voltalia, renewable energy based electricity producer, has announced the acquisition from a long-standing partner of the minority part (49.9%) of a four wind project portfolio in France.

These projects are located in the Bourgogne Franche-Comté region, where Voltalia already operates the Molinons plant (10 MW), commissioned in December 2014. These projects, at various development stages, represent a total potential capacity of 76 MW.

The first construction could start within the next eighteen months. The partner will still contribute its expertise to Voltalia as a service provider to develop these projects and will remain a partner of choice for future projects.

This transaction enables the Voltalia to strengthen its position in France, which has set ambitious targets regarding additional renewable energy capacity.

Sébastien Clerc, Voltalia CEO, stated:

"We are glad to confirm our ambitions in France, and particularly this acquisition, which supports our commitment in a region which possesses plentiful wind resources."

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