|THEOLIA closes sale of a 47 MW portfolio in France (2009/12/29 5:45 PM)|
THEOLIA sold a wind portfolio in France with a capacity of 47 megawatts (MW) to Boralex, a Canadian company.
The portfolio consists of:
For both wind projects, the construction will be managed by THEOLIA France; their commissioning is expected by mid-2010.
Both parties have agreed not to disclose the amount of the transaction.
Marc van't Noordende, CEO of THEOLIA, said: ”Thanks to this sale, THEOLIA exceeds its target announced at the beginning of this year to sell 200 MW of wind projects and assets in 2009”.
For more information
Edward F. McDonnell
French Société Anonyme (public limited company with Board of Directors) with share capital of €39,895,207
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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