Press releases

THEOLIA's consolidated revenue for the first half of 2013 reached 46.5 million euros, including Breeze Two Energy as from January 31, 2013, an increase of + 30% compared to the first half of 2012.

1. From February to June 2013.
2. Including Breeze Two Energy as from January 31, 2013.
3. Excluding Environment activities.

The revenue from the Sales of electricity for own account activity reached 40.4 million euros for the first half of 2013, including Breeze Two Energy as from January 31, 2013, an increase of +53% compared to the first half of 2012. Excluding Breeze Two Energy, the revenue from this activity amounted to 23.7 million euros, a 10% decrease compared to the first half of 2012. The activity for this half year is still penalized by less favorable wind conditions during the first quarter of 2013 than during the first quarter of 2012, and from negative scope effects in Germany and France, related to disposals performed in 2012.

As at June 30, 2013, installed and controlled capacities for own account reached 644 MW, including Breeze Two Energy, compared to 304 MW as at June 30, 2012.

The Sales of electricity for own account activity, which relies on 15- to 20-year electricity buy-back contracts, benefits from a recurring revenue and significant margins over the long term. This secure activity accounts for 87% of the consolidated revenue for the first half of 2013.

The revenue from the Operation activity amounted to 3.3 million euros for the first half of 2013, a 4% decrease compared to the first half of 2012. The Operation activity was also penalized by less favorable wind conditions during the first quarter of 2013 than during the first quarter of 2012 in Germany.

As at June 30, 2013, capacities managed for third parties reached 625 MW, compared to 599 MW as at June 30, 2012.

The revenue from the Development, construction, sale activity came to 2.3 million euros for the first half of 2013. The main change is due to the reduction of the pace of wind farm disposals.

The Non-wind activity registered a revenue of 549 thousand euros for the first half of 2013, produced by the solar park in Germany.

Next financial publication
THEOLIA will publish its 2013 half year results on Thursday August 29, 2013 before market.

About THEOLIA
THEOLIA is an independent producer of wind energy, active over the entire wind value chain. The Group develops, builds and operates wind farms in four countries: Germany, France, Morocco and Italy. In total, the Group operates 1,269 MW for its own account and for third parties.

CONTACT

THEOLIA
French Société anonyme (public limited company with Board of Directors) with a share capital of €90,852,262.20
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 C of NYSE Euronext Paris, code: TEO

APPENDIX
 

1. Including Breeze Two Energy as from January 31, 2013.
2. Excluding Environment activities.