|THEOLIA signed a contract for the sale of a 55.5 MW wind farm in Germany (2008/11/17 5:45 PM)|
THEOLIA, via its German subsidiary Natenco, has signed a contract to sell a 55.5 MW wind farm in Germany to Meinl International Power Ltd. The transaction amounts to €81 million.
The wind farm, in operation since the beginning of 2006, includes 37 1.5 MW wind turbines and is located in the federal state of Saxony-Anhalt.
The closing, expected in the coming weeks, is dependent on a limited number of conditions precedent.
THEOLIA is a leading European producer of electricity from wind energy. THEOLIA is active in France, Germany, Spain, Greece, Italy, India, South America, some East European countries and Morocco. THEOLIA trades on the compartment B of Euronext Paris, regulated market of NYSE Euronext, under the symbol TEO. The stock is in the SBF 120, NEXT 150 and CAC MID100 indices.
For more information
Edward F. McDonnell
Tel: +33 (0)4 42 906 594
Tel: +33 (0)4 42 904 904
Tel: +33 (0)4 42 906 596
French Société Anonyme (public limited company with Board of Directors) with share capital of €38,945,804
Registered office: 75 rue Denis Papin BP 80199 - 13795 Aix-en-Provence cedex 3 - France
Tel : +33 (0)4 42 904 904 – Fax : +33 (0)4 42 904 905 - www.theolia.com
THEOLIA is listed on the compartment B of Euronext Paris, code: TEO
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