Core Insights - Voltalia has commenced construction of the Artemisya hybrid cluster in Uzbekistan, which includes 100 megawatts of storage and 100 megawatts of wind capacity, marking a significant advancement in the country's energy storage infrastructure [1][3]. Group 1: Project Details - The Artemisya project consists of a 25-year electricity sales contract for solar and wind generation, alongside a 15-year contract for storage, which includes 126 megawatts of solar, 300 megawatts of wind, and 100 megawatts / 200 megawatt-hours of batteries [2]. - The first phase of Artemisya, which includes 100 megawatts / 200 megawatt-hours of storage and the initial 100-megawatt wind tranche, is set to be completed by 2027 following investment agreements signed on December 5, 2025 [3]. Group 2: Strategic Importance - The Artemisya hybrid cluster, located in the Bukhara region, aims to enhance the flexibility and reliability of Uzbekistan's power system, contributing to the national goal of achieving eight gigawatts of renewable capacity by 2026 and twelve gigawatts by 2030, while also significantly reducing CO₂ emissions [4]. Group 3: Company Commitment - Voltalia's CEO, Robert Klein, emphasized the company's commitment to supporting Uzbekistan's energy transition, highlighting the importance of hybrid solutions, including storage, in ensuring grid stability and optimizing renewable energy integration [5]. Group 4: Company Overview - Voltalia operates with a total capacity of 3.3 gigawatts in operation and under construction, alongside a project portfolio of 17.4 gigawatts under development, positioning itself as a key player in the renewable energy sector [6]. - The company employs over 2,000 staff across 20 countries, enabling it to provide comprehensive services to its clients globally [8].

Core Insights - ArcelorMittal announces three new renewable energy projects in India, totaling 1GW of capacity, which will double its renewable energy capacity in India to 2GW and increase its total global capacity to 3.3GW [1][4] - The projects will result in significant annual CO2 savings, contributing to the company's commitment to sustainable energy and climate responsibility [2][3] Project Details - The three projects include: - Amaravati, Maharashtra: 36MW solar capacity with annual CO2 savings of 0.04 million tonnes, expected completion in H1 2027 [1] - Bikaner, Rajasthan: 400MW solar and 500MWh battery storage, with annual CO2 savings of 0.65 million tonnes, expected completion in H1 2028 [1] - Bachau, Gujarat: 250MW wind, 300MW solar, and 300MWh integrated battery storage, with annual CO2 savings of 0.9 million tonnes, expected completion in H1 2028 [1] Financial Overview - Total capital expenditure for the three projects is estimated at $0.9 billion, with generated power supplied to AMNS India, a joint venture with Nippon Steel [1][2] Environmental Impact - Upon completion of all projects, total annual CO2 savings will reach 4 million tonnes, providing 35% of electricity requirements for AMNS India's Hazira steelmaking operations [3] Global Strategy - In addition to the Indian projects, ArcelorMittal is also developing renewable energy projects in Brazil and Argentina, contributing to a total of 3.3GW of electrical power generation across all regions [4]

Core Viewpoint - ACCIONA Energía is selling a 49% stake in its 1.3GW US photovoltaic portfolio and its entire ownership in two Mexican wind farms for approximately $1 billion as part of its asset rotation strategy to optimize capital allocation [1][3]. Group 1: Transaction Details - The transaction involves four solar plants in the US: Tailed Hawk (458MWp), Fort Bend Solar (316MWp), High Point Solar Farm (127MWp), and Union Solar (415MWp) [2]. - ACCIONA Energía will retain a 51% controlling interest in the US assets and will continue to manage their operations [2]. - The Mexican wind portfolio includes two wind farms: El Cortijo (183MW) and Santa Cruz (138MW) located in Reynosa, Tamaulipas [2]. Group 2: Timeline and Financials - The deal is expected to close in the first half of 2026, subject to regulatory approvals and financing [3]. - Since July 2024, ACCIONA Energía has signed agreements to sell nearly 1.7GW of renewable capacity across various countries for approximately €2.4 billion [3]. - As of June 2025, the company reported a total installed capacity of 15.1GW and a consolidated capacity of 13.4GW [3]. Group 3: Future Projects - ACCIONA Energía is constructing a 1GWh battery energy storage system at its Malgarida photovoltaic complex in Chile, expected to be one of the largest in South America, with commissioning set for early 2027 [4].

Total number of shares and voting rights in the share capital as of November 30, 2025 (Articles L. 233-8 (II) of the French Commercial Code and 223-16 of the General Regulations of the French Financial Markets Authority) Date Total number of shares in the capital Number of theoretical voting rights Number of exercisable voting rights 11/30/2025 131 318 716223 413 949223 035 459 Next on the agenda: Q4 2025 turnover, January 28, 2026 (after market close) About Voltalia (www.voltalia.com)Voltalia is an intern ...

Group 1 - Voltalia is an international player in the renewable energy sector, producing and selling electricity from wind, solar, hydraulic, biomass, and storage facilities [2] - The company has a generating capacity of over 3.3 GW in operation and under construction, with a project portfolio representing a total capacity of 17.4 GW [2] - Voltalia supports investor clients in renewable energy projects throughout all phases, from design to operation and maintenance [3] Group 2 - The company employs more than 2,000 people and operates in 20 countries across 3 continents, allowing it to act globally on behalf of its clients [4] - Voltalia is listed on the Euronext regulated market in Paris and is included in the Enternext Tech 40 and CAC Mid&Small indices, as well as in MSCI ESG ratings and Sustainalytics ratings [4] - The next agenda item for Voltalia is the Q4 2025 turnover announcement scheduled for January 28, 2026, after market close [1]

Voltalia awarded 68 megawatts in Italy through FERX auction Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in renewable energies, announces securing 20 years tariff for 68 megawatts solar projects in Italy Voltalia Italy established in Milan since 2019 and in Agrigento since 2022, with a solar and storage pipeline of more than 500 megawatts, takes a new step with four projects selected in FERX tariff auction, strengthening its role in the development of renewable energy in Ital ...

Brookfield Renewable is supplying the clean energy that tech giants want to power their AI dreams.If there is one thing that artificial intelligence (AI) can't live without, it is reliable power. Sure, the technology is impressive, but it simply won't work without electricity. And that is why large Canadian asset manager Brookfield Asset Management (BAM 0.31%) has targeted digitization as one of its three main investment themes.One of that company's key vehicles for investing in digitization is Brookfield R ...

Core Insights - Voltalia has successfully delivered the first megawatt-hours from its 126-megawatt solar power plant in Sarimay, Uzbekistan, marking a significant milestone towards full commissioning of the site [1][5] - The Sarimay project, awarded through a public tender, is backed by a 25-year power purchase agreement and will generate approximately 252 gigawatt-hours annually, enough to power 60,000 residents and avoid over 140,000 tons of CO₂ emissions each year [1][2] Project Details - The Sarimay solar plant spans 180 hectares and includes more than 180,000 bifacial solar panels, over 350 inverters, and a three-kilometer transmission line [1] - The project was financed by the European Bank for Reconstruction and Development (EBRD) with support from the European Fund for Sustainable Development Plus, with Voltalia overseeing all aspects from development to operations [2] Environmental and Social Impact - The Sarimay project includes initiatives to restore local ecosystems, such as planting 2.65 million Haloxylon persicum shrubs, and supports local communities through educational programs [3] - At the peak of construction, approximately 776 workers were mobilized, with 85% being local, ensuring compliance with Health, Safety, and Environment (HSE) standards [3] Future Developments - Following the success of Sarimay, Voltalia is developing a second project in Uzbekistan, the Artemisya hybrid complex, which will include 100 megawatts of wind power and 200 megawatt-hours of storage, with construction set to begin in 2026 [4] - The Artemisya project is expected to generate around 383 gigawatt-hours annually, further enhancing Uzbekistan's renewable energy capacity [4] Company Overview - Voltalia operates in the renewable energy sector, producing and selling electricity from various sources, including wind, solar, hydro, biomass, and storage, with a total capacity of 3.3 GW in operation and under construction [6] - The company has a project portfolio totaling 17.4 GW and provides comprehensive services to support renewable energy projects from design to maintenance [6][7] - Voltalia employs over 2,000 people across 20 countries and is listed on the Euronext regulated market in Paris [8][9]

Financial Data and Key Metrics Changes - The company's total revenues and income increased to $165 million, up from $113 million last year, representing a growth rate of 46.7% year over year [26] - Adjusted EBITDA grew by 23% to $112 million compared to $91 million for the same period in 2024 [28] - Net income amounted to $32 million compared to $24 million last year, an increase of 33% year over year [27] Business Line Data and Key Metrics Changes - Revenues from the sale of electricity rose 27% to $139 million compared to $109 million in the same period of 2024, driven by newly operational projects [26] - New projects contributed $22 million to the revenues from the sale of electricity, with significant contributions from Atwisko, Reyes Project, Pupin, and Tapolca [26][27] - The energy storage segment is projected to deliver an average project-level return of 22% [11] Market Data and Key Metrics Changes - Revenues and income were distributed between MENA, Europe, and the U.S., with 47% from Israel, 27% from Europe, and 26% from the U.S. [27] - The company anticipates annual revenue and income from its mature portfolio to reach $1.6 billion upon commencement of operations in the 2027 to 2028 timeframe [16] Company Strategy and Development Direction - The company is committed to becoming a leading global energy developer and IPP, focusing on renewable energy as the fastest-growing segment within the energy industry [7][8] - The strategy includes expanding the energy storage segment in Europe and strengthening its presence in Germany and Poland through acquisitions [10][11] - The company aims to triple its business size every three years, with a projected revenue growth rate of 40% [56] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth trajectory, citing strong market fundamentals and a favorable regulatory environment [18] - The anticipated growth in AI investments is expected to drive unprecedented demand for processing capacity and electricity, positioning renewable energy as a key solution [17] - The company raised its full-year 2025 guidance, expecting revenues and income to be between $555 million and $565 million [31] Other Important Information - The company secured $4.8 billion in project finance, corporate debt, and asset sales in the past 12 months, enhancing its financial flexibility [30] - The financial close for the Snowflake A project, totaling approximately $1.5 billion, marks a significant milestone for the company [24] Q&A Session Summary Question: How did solar and wind resource availability compare to typical seasonal assumptions? - Management noted additional wind in some Israeli assets and that solar performance was in line with expectations, with battery storage projects contributing additional revenues [33] Question: What enabled the acceleration in safe harboring projects? - The safe harbor strategy included significant physical work both onsite and offsite, allowing the company to complete 9 FGW already this year [34][35] Question: What are the growth rates of operating capacity moving into 2028 and beyond? - The company expects continued growth rates similar to past performance, with a focus on mitigating risks related to interconnection and other project aspects [36][37] Question: Can you discuss the current India tariff exposure and mitigation strategies? - The company is focused on sourcing PV cells from countries not subject to ongoing investigations and has flexibility in module assembly to mitigate country-specific risks [48][49] Question: Are the new projects in Europe part of a new strategy? - The projects in Europe are part of a diversified strategy that allows the company to grow consistently across different geographies and technologies [54][55]

Financial Performance & Guidance - Enlight achieved a 46% increase in quarterly revenues and income in 3Q25[10,15] - Adjusted EBITDA grew by 23% in 3Q25 compared to 3Q24[10,15] - The company is raising its 2025 revenue and income guidance to a range of $555-565 million, a 6% increase from the previous forecast[10,16,17] - Adjusted EBITDA guidance for 2025 is raised to $405-415 million, a 4.5% increase[10,16,17] - The company is aiming for an annual revenue and income run rate of approximately $1.5 billion by the end of 2027 and $2 billion by the end of 2028[10] Strategic Expansion & Portfolio Growth - Enlight is expanding its battery storage business with entry into the German and Polish markets[10] - The company acquired 50% of the Bertikow project and 100% of the Edison project to enter the German and Polish energy storage markets[25] - The Bertikow and Edison projects are expected to have a stand-alone storage capacity of 1.1 GWh with an expected first full year EBITDA of $45-49 million and $54-58 million respectively[26] - Enlight's total portfolio has reached 37 FGW (Factored GW), combining generation and storage capacity[44] - The mature portfolio, consisting of operational, under construction, and pre-construction projects, is expected to generate $1.6 billion in revenues and income[48] Capital & Financing - The company raised $4.8 billion in the past 12 months[33] - This includes approximately $1 billion in corporate finance and asset sales, $0.5 billion in tax equity partnerships, and $3.3 billion in project finance for projects in the US & Europe[34] - A $1.4 billion financial close was achieved for the Snowflake A project in Arizona, USA, with a capacity of 600 MW and 1900 MWh[37,38]