Albioma Codora Energia wins a contract to secure the sale of energy from its 100% bagasse plant

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Paris La Défense, July 15, 2021

Brazil: Albioma Codora Energy wins a contract to secure the sale of energy from its 100% bagasse plant

On July 8, Albioma’s Brazilian subsidiary, Albioma Codora Energia, won a call for tenders for a new 20-year Power Purchase Agreement (PPA), starting in 2025, for a volume of 64 GWh at a guaranteed price indexed to inflation of 202.35 BRL. / MWh.

It will be possible to honor this contract by increasing the volume of cane crushed by the adjoining sugar refinery and by upgrading the vinasse (ethanol distillation residue) to make energy. The majority of Albioma Codora Energia’s production is already marketed on the regulated market via long-term contracts indexed to inflation.

The 68 MW Codora Energia cogeneration plant in the state of Goiás, of which Albioma acquired 65% of the capital in 2015, adjoins a sugar refinery and a distillery belonging to the Jalles Machado group. A 40% increase in energy exports has been achieved since the start of the partnership in 2015, driven by Albioma’s work to improve the industrial performance of its facilities, and by the construction by Jalles Machado of a complementary sugar refinery. of the existing distillery.

Next on the agenda: Results for the first half of 2021, July 28, 2021 (after market close).

About Albioma

Contacts

Albioma is an independent producer of renewable energies, supporting the energy transition with renewable energies (biomass, solar and geothermal).

The Group is present in Overseas Territories, mainland France, Mauritius, Brazil and Turkey.

For 25 years, it has developed a unique partnership with the sugar industry by producing renewable energy from bagasse, a fibrous residue from sugar cane.

Albioma is also the leading producer of photovoltaic energy in the French Overseas Territories, where the Group builds and operates innovative installations with integrated storage, and in mainland France.

The Group recently announced the acquisition of a geothermal power plant in Turkey.

Investors

Julien gauthier

+33 (0) 1 47 76 67 00

Media
Charlotte neuvy
+33 (0) 1 47 76 66 65
[email protected]

Albioma is listed on Euronext Paris (compartment A) – Eligible for SRD, PEA & PEA-PME and is part of SBF 120 and CAC Mid 60.

The Group is listed in the Gaïa index of responsible mid-sized companies.

www.albioma.com

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