THEOLIA commissions its first wind farm in Italy

20 octobre 2021 Pierre Perrin-Monlouis

THEOLIA, an independent developer, builder and operator of wind farms, and its Italian subsidiary Maestrale Green Energy, announce the commissioning of the Giunchetto wind farm with a total installed capacity of about 30 MW.

The wind farm is located in the province of Enna in Sicily, nearly 65 kilometers northwest of Catania, on the territory of the towns Nicosia, Leonforte and Nissoria. It comprises 35 Vestas turbines each with a capacity of 850 kW. The wind turbines are spread over a hilly area at an elevation of about 900 meters above sea level.

THEOLIA owns 51% of this wind farm and thus adds 15 MW of net additional capacity to its own account.

Fady Khallouf, CEO of THEOLIA, stated: “With this first accomplishment in Italy, THEOLIA marks a new step and becomes a wind farm operator in 4 main countries. Italy offers significant wind power potential and attractive tariffs. The Group is developing large scale projects in this country, some of which will be commissioned in the next couple of years.”

The commissioning of these 15 MW of net capacity brings the total installed capacity managed by the Group to 817 MW of which 284 MW held for own account.

THEOLIA is an independent international developer and operator of wind energy projects. THEOLIA is active primarily in France, Germany and Italy, and also in India, Brazil and Morocco. THEOLIA trades on the compartment B of Euronext Paris, regulated market of NYSE Euronext, under the symbol TEO. The THEOLIA stock is part of the CAC Small 90 index.

For more information

Edward F. McDonnell
Investor Relations
Tel: +33 (0)4 42 906 594
[email protected]

Elodie Fiorini
Public Relations and Communications
Tel: +33 (0)4 42 906 596
[email protected]

French Société Anonyme (public limited company with Board of Directors) with share capital of €109,328,472
Registered office: 75 rue Denis Papin – 13100 Aix-en-Provence – France
Tel: +33 (0)4 42 904 904 – Fax: +33 (0)4 42 904 905 –
THEOLIA is listed on the compartment B of Euronext Paris, code: TEO

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