Albioma: Diversification of the Group's sources of sustainable biomass
27 Décembre 2021 - 5:45PM
Albioma: Diversification of the Group's sources of sustainable
biomass
Press release
Paris La Défense, 27 December, 2021
Diversification of the Group's sources of sustainable
biomass
Albioma has acquired the La Granaudière wood
pellet production plant located in the Canadian province of Quebec.
This transaction, marking the culmination of a process organised by
Raymond Chabot in its capacity as official receiver, will diversify
the Group's sources of sustainable biomass supplies, supplementing
the existing portfolio of contracts with top-tier international
suppliers.
Ideally positioned to supply the Group's
Caribbean power plants, this facility produces SBP-certified
pellets from wood waste or low-grade wood from certified
sustainably managed forests1.
The transaction also includes a long-term
agreement granting access to a 45,000-tonne pellet storage facility
in the Port of Quebec, as well as raw material supply guarantees
issued by Quebec's Ministry of Forests, Wildlife and Parks
(MFFP).
The plant, which has been out of service since
July 2021, concomitantly with the receivership procedure, is due to
be recommissioned in early 2022, with its nominal annual production
capacity of 200,000 tonnes being achieved following some additional
investments.
Frédéric Moyne, Albioma's Chairman and CEO,
comments: "We extend a warm welcome to the staff at La
Granaudière, as they bring their expertise to Albioma. Through this
transaction, which will enable us to produce pellets to very strict
sustainability requirements, Albioma is renewing and stepping up
its commitment to the energy transition in Overseas France.
Supplementing locally-sourced biomass, to which priority will
naturally be given in order to stimulate the circular economy, this
diversified supply is essential, ensuring that we are able to
continuously generate renewable energy in non-interconnected
areas."
1 FSC or SFI (PEFC) certification
Next on the agenda: Full-year results for the
2021 financial year, on 2 March 2022 (before trading).
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About Albioma |
Contacts |
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An independent renewable energy producer, Albioma is committed to
the energy transition thanks to biomass and photovoltaics. Albioma
operates in Overseas France, France metropolitan, Mauritius and
Brazil. For 25 years, it has developed a unique partnership with
the sugar industry to produce renewable energy from bagasse, the
fibrous residue of sugar cane. Albioma is the leading producer of
photovoltaic energy in Overseas France, where the company builds
and operates innovative projects with storage, Albioma has
strengthened its position in mainland France. Recently, the Group
announced the acquisition of a geothermal power plant in
Turkey. |
InvestorJulien Gauthier+33 (0)1 47 76 67 00
MediaCharlotte Neuvy+33 (0)1 47 76 66
65presse@albioma.com |
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Albioma is listed on the Euronext Paris compartment A, is eligible
for the deferred settlement service (SRD), PEA and PEA-PME plans
and is included in the SBF 120 and CAC Mid 60. The Group is also
included in the Gaïa-Index, an index for socially responsible
midcaps. |
www.albioma.com |
1 FSC or SFI (PEFC) certification