UK Markets closed

Full power for VSM3 and VSM4: 211 megawatts for the two new wind farms of the Serra Branca cluster in Brazil

·3-min read

Full power for VSM3 and VSM4: 211 megawatts for the two new wind farms of the Serra Branca cluster in Brazil

Voltalia (Euronext Paris ISIN code: FR0011995588), an international player in renewable energies, announces today the commissioning of all VSM3 (152 megawatts) and VSM4 (59 megawatts) wind farms in the Serra Branca cluster, the largest wind and solar cluster in the world (2.4 gigawatts).

Our Serra Branca cluster continues to expand with the full commissioning of VSM3 and VSM4. It thus achieves an operating capacity of 1084 megawatts, of which 273 are sold to third parties, to which are added 301 megawatts under construction entirely sold to third partiescomments Sébastien Clerc, CEO of Voltalia.

VSM3 wind farm has reached full power (152 megawatts) with 44 turbines of 3.5 megawatts each. Commissioning has been, as is the norm in Brazil, gradual since the first 7 turbines began production in April 2021. Electricity production, sold until the end of June 2021 through short-term contracts, will be, from July 1, sold through a 20-year fixed-price inflation-indexed contract with an electricity distribution company.

The VSM4 wind farm has also entered into service in its entirety (59 megawatts) with 17 turbines of 3.5 megawatts each. Like VSM2, VSM4 will be 100% sold by November 30, 2021 to the utility company Copel, serving 4.8 million customers in 395 municipalities and 1,113 localities. Voltalia's teams will continue to operate and maintain these two wind farms after their transfer to Copel. This sale, which is part of Voltalia’s value creation strategy, will generate revenues for the Services activity over the long term.

Voltalia is thus pursuing its strategy of developing large-scale competitive projects partially sold to partners. The two new farms in operation, VSM3 and VSM4, benefited from strong synergies with the other plants of the Serra Branca cluster in particular the wind farms of VSM1 (163 megawatts, full power in June 2020) and VSM2 (128 megawatts, full power in April 2021).

In total, the Serra Branca wind and solar cluster, developed entirely by Voltalia, has a potential power of 2.4 gigawatts, a world record.

The Serra Branca cluster after the start-up of VSM3 and VSM4:

Ownership

Technology

Status

Capacity (in MW)

Developed and owned by Voltalia

Wind

Operating

811

Developed and sold by Voltalia

Wind

Operating

273

Sub total

1 084

Developed and owned by Voltalia

Wind

Construction

-

Developed and sold by Voltalia

Wind

Construction

301

Sub total

301

Developed & owned by Voltalia

Solar

Ready to build with PPA

577

Under development by Voltalia

Solar & Wind

Development

~500

Grand Total

~2 400

Status including 187 megawatts to be divested at the end of November 2021 (press release dated May 18, 2021)

Next on the agenda: Q2 2021 revenues on July 21, 2021

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.

Voltalia
Investor Relations: invest@voltalia.com
T. +33 (0)1 81 70 37 00

Actifin
Press Contact: Jennifer Jullia
jjullia@actifin.fr . T. +33 (0)1 56 88 11 11

Attachment


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting