Helexia secures a new 90-megawatt contract in Brazil

Helexia secures a new 90-megawatt contract in Brazil


Helexia, a subsidiary of Voltalia (Euronext Paris, ISIN code: FR0011995588), has signed a contract with Comerc Energia, a leading provider of energy management solutions in Brazil.

The agreement reached between Helexia and Comerc Energia provides the supply of up to 90 megawatts of photovoltaic energy over a 20-year period, distributed across a series of decentralised production projects. These will be built in the Brazilian states of Mato Grosso do Sul, Ceará and Pernambuco, strengthening Helexia's presence in Brazil. Construction work on the first 11-megawatt projects will begin in the coming months, with commissioning scheduled for the first quarter of 2024. The other sites should start construction progressively shortly after the first sites, with the aim of exploiting the full potential of the 90 megawatts.

Since the creation of its subsidiary in 2020, Helexia has experienced significant success in Brazil, leveraging Voltalia's leadership to establish its development. In March 2023, the first Brazilian solar assets began supplying electricity to Vivo, a brand of the Telefonica group. At this stage, 25 megawatts have already been connected out of the total 87 megawatts specified in the contract. The remaining 62 megawatts will be progressively connected by the end of the first half of 2024. Furthermore, in November 2022, Helexia announced the signature of three contracts totaling to 14.7 megawatts with TIM (8.5 megawatts), Vibra Energia (4.0 megawatts), and Raia Drogasil (2.2 megawatts), for which construction has already begun and which will be commissioned by the end of the first quarter of 2024.

"I would like to congratulate all the teams on their rapid rise to prominence in the country. Helexia is positioning itself as a leader in the energy transition in a country where decarbonisation objectives are very important", stated Sébastien Clerc, CEO of Voltalia.

"This agreement represents a significant milestone in Helexia's commitment to Brazil. The
90 megawatts signed will enable Helexia to accelerate the transition towards a more sustainable future. We are delighted to be working with Comerc Energia to realise this shared vision", stated Benjamin Simonis, CEO of Helexia Group.

Next on the agenda: Turnover Q2 2023, on July 26, 2023 (after-market trading)

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 2.6 GW and a portfolio of projects under development representing total capacity of 14.2 GW.