Sud Vannier Crowdfunding

(MENAFN– GlobeNewsWire – Nasdaq) Successful crowdfunding of the Sud Vannier wind farm, which supplies Leroy Merlin with renewable energy

Voltalia (Euronext Paris, code ISIN: FR0011995588), an international player in renewable energies, announces that it has set up a crowdfunding for its 23.6-megawatt wind farm located in the North-East of France

The crowdfunding campaign launched at the beginning of 2024 was a great success with a collection of €4 million.

Preferential conditions were offered to residents of the departments of Haute-Marne and Haute-Saône, as well as to Voltalia employees residing in France. This three-year funding finances a local project, contributes to a citizen energy transition and allows a local economic benefit.

With a capacity of 23.6 megawatts, Sud Vannier is Voltalia’s first wind farm in the Grand Est region. It has produced its first kilowatt hours in February 2023 and commissioning tests were completed in September 2023.

The electricity produced is sold to Leroy Merlin through a 23-year corporate PPA1. This is the first time in France that a new wind farm is backed by a Corporate PPA.

Next on the agenda: First-quarter 2024 turnover, April 24, 2024 (after close of trading)

About Voltalia ( )
Voltalia is an international player in renewable energies. The Group generates and sells electricity from its wind, solar, hydro, biomass and storage facilities. It has 2.9 GW of capacity in operation and under construction, and a portfolio of projects under development with a total capacity of 16.6 GW. Voltalia is also a service provider, supporting its renewable energy customers at every stage of their projects, from design to operation and maintenance. A pioneer in the corporate market, Voltalia also offers a comprehensive range of services to businesses, from the supply of green electricity to energy efficiency services and the local production of its own electricity. With over 1,850 employees in more than 20 countries on 3 continents, Voltalia has the capacity to act globally on behalf of its customers. Voltalia is listed in compartment A of the Euronext regulated market in Paris (FR0011995588 – VLTSA) and is included in the EnterNext Tech 40, CAC Small and Euronext Tech Leaders indices. The company is also included in the Gaïa-Index, the index for responsible mid-cap companies.
Loan Duong, Global head of Communication & Investors Relations Email: … T. +33 (0)1 81 70 37 00	Actifin Press Relations: Jennifer Jullia … . T. +33 (0)1 56 88 11 19

1Corporate Power Purchase Agreement: a long-term contract for the supply of renewable electricity that directly binds the producer, a power plant, to the final consumer of the electricity, a company.

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Sud Vannier crowdfunding

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