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Voltalia acquires 379MW wind project portfolio in France

CTBR Staff Writer Published 24 July 2015

Voltalia has acquired a portfolio of wind projects in France representing a combined potential power generating capacity of 379MW, from Maia Eolis.

Wind turbine

The portfolio includes projects which are in the most preliminary to the most advanced stage of development. Voltalia expects to begin construction on the first projects within the next two years.

The companies will work together with local partners, particularly local authorities and land owners.

Voltalia said it now has a project pipeline of 1.43GW, of which 22% is situated in France. The company's project pipeline excludes 271MW of installed renewable energy capacity it has globally.

France added 523.7MW of new wind capacity in the first half of this year, bringing total installed capacity to 9713MW. The country is planning to install 1.2GMW of capacity by the end of 2015.

Voltalia CEO Sebastien Clerc said: "With the COP21 {UN climate] conference in Paris in a few months, we anticipate enhanced ambitions for the accelerated development of renewable energy in France by 2030, while the country currently lags behind its existing 2020 targets. Renewable energies will therefore keep growing in France."

Apart from wind, Voltalia also develops solar, hydro and biomass power projects. The company has plants in France, Brazil, Greece, French Guiana and Morocco.

Image: France added 523.7MW of new wind capacity in the first half of this year. Photo: courtesy of pakorn/FreeDigitalPhotos.net.