REG - VH Global Energy Inf - Energisation of two solar assets in Brazil

VH Global Energy InfrastructureAnnouncement

17/01/2025 07:00

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RNS Number : 6511T  VH Global Energy Infrastructure PLC  17 January 2025

VH GLOBAL ENERGY INFRASTRUCTURE PLC

 

17 January 2025

Energisation of two solar distributed generation assets in Brazil

VH Global Energy Infrastructure plc ("the Company") is pleased to announce
that it has successfully energised two additional solar distributed generation
(DG) sites in Brazil. This milestone brings the Company's total operational
solar DG projects in the country to 12, with a capacity of 34.3MWdc.

The Company expects a third solar site to be energised in Q1 2025, adding a
further 6.25MWdc of new capacity. Furthermore, three additional sites are
expected to become operational during 2025.

The two newly energised assets are already generating revenue with offtake
agreements between 10 and 20 years and are supporting clients to meet their
decarbonisation targets. The larger of the two assets, at 5.7MWdc, has a
20-year inflation-linked contract with Telefonica. The sites will contribute
to the economic growth and grid improvements in an expanding energy hub in
Brazil.

www.globalenergyinfrastructure.co.uk

The Company's LEI is 213800RFHAOF372UU580.

For further information:

Edelman Smithfield (PR Adviser)

Ged Brumby                         + 44 (0)7540 412
301

Eleanor Pomeroy                 + 44 (0)7581 010 801

 

Victory Hill Capital Partners LLP (Investment Manager)

Navin Chauhan                   info@victory-hill.com
(mailto:info@victory-hill.com)

 

Deutsche Numis (Corporate Broker)

David Benda                        +44 (0)20 7260 1000

Matt Goss

 

Ocorian Administration (UK) Limited (Company Secretary)

oaukcosecteam@ocorian.com (mailto:oaukcosecteam@ocorian.com)  

 

About Victory Hill Capital Partners LLP

Victory Hill Capital Partners LLP ("Victory Hill") is authorised and
regulated by the Financial Conduct Authority (FRN
961570).

Victory Hill is based in London and was founded in May 2020 by an
experienced team of energy financiers that spun-out of a large established
global project finance banking group. The team has participated in more
than $200bn in transaction values across 91 conventional and renewable
energy-related transactions in over 30 jurisdictions worldwide. Victory Hill
is the investment manager of the Company.

The Victory Hill team deploys its experience across different financial
disciplines in order to assess investments holistically from multiple points
of view. The firm pursues operational stability and well-designed corporate
governance to generate sustainable positive returns for investors. It focuses
on supporting and accelerating the energy transition and the attainment of the
UN sustainable development goals.

Victory Hill is a signatory of the United Nations Principles for Responsible
Investment (UN PRI), the United Nations Global Compact (UN GC), Net Zero Asset
Managers Initiative (NZAMI), a member of the Global Impact Investing Network
(GIIN) and is a formal supporter of the Financial Stability Board's Task Force
on Climate-related Disclosures (TCFD).

 

 

 

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