Brazil : STOA takes a 33% equity stake in Voltalia’s Ventos Serra do Mel III

GO ECO GREEN21

ENERGIA LIMPIA XXI. STOA, an investment fund specialized in infrastructure projects in developing and emerging countries, and Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in renewable energies, announce today that STOA is acquiring a 33% equity stake in Ventos Serra do Mel III (VSM 3), Voltalia’s 152 megawatts greenfield wind farm, located
in Rio Grande do Norte.

This transaction is the outcome of very positive discussions initiated in June 2019 with STOA and is another confirmation of the attractiveness of Voltalia’s assets in the Serra Branca wind-and-solar cluster, the world’s largest. It also highlights Voltalia’s value creation strategy centered around the development of renewable assets. For this new wind plant, currently under construction, Voltalia has secured a 20-year power sale contract with CEMIG, a Brazilian public utility.

STOA is a top-tier French investment player specialized in infrastructure projects in developing and emerging countries. A report carried by Energía…

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