THEOLIA generates electricity from wind energy in four main countries: France, Germany, Italy and Morocco.
These installation areas have been selected for their significant near term growth potential, supported by a legal and regulatory context that favors the development of renewable energies, especially from wind energy.

At the same time, the Group is positioning itself in some emerging countries, such as Brazil, that represent future growth markets. These countries have been selected according to the criteria of stability, potential growth and legal security.

THEOLIA in France

Presentation

Created through the merger of the companies Ventura SA and Natenco SAS, THEOLIA France has been active in the wind sector since 2001 when the wind sector truly began to grow in France.

In France, THEOLIA develops, builds and operates wind farms for its own account as well as for the account of third parties.

2001: Creation of Ventura SA and Natenco SAS following the electricity modernization law in February 2000 and the decree concerning wind energy tariff rates in June 2001. These two companies develop wind farms in France

• 2005: THEOLIA acquires the company Ventura SA
• 2006: THEOLIA acquires the company Natenco SAS
• 2007: Creation of THEOLIA France that owns all the company’s wind assets in France
• 2009: THEOLIA merges the 3 entities THEOLIA France, Ventura SA and Natenco SAS into one: THEOLIA France

Portfolio as of December 31, 2010

Total capacity in operation: 158 MW

THEOLIA France operates 16 wind farms spread across France, for a total of 158 MW of which:

• 73 MW operated for own account,
• 85 MW managed for third parties.

Backlog: 64 MW

• 18.4 MW under construction for own account,
• 18.4 MW under construction for third parties,
• 27 MW having obtained permits.

Projects under development: 322 MW

THEOLIA France has a development pipeline in the following regions: Basse-Normandie, Champagne-Ardenne, Centre, Languedoc-Roussillon, Lorraine, Midi-Pyrénées, Picardie, Poitou-Charentes and Rhône-Alpes. These projects total 322 MW, of which 144 MW of permits applied.

Contact

THEOLIA France

4, rue Jules Ferry
Immeuble Le Régent
34000 Montpellier
France

Tel: 04.67.58.22.70
Fax: 04.67.92.58.61

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THEOLIA in Italy

Presentation

THEOLIA entered the Italian wind energy market in November 2007 with the acquisition of Maestrale Green Energy, an Italian wind developer, founded in 2005, which develops, builds and operates wind farms in Italy. In October 2010, Maestrale Green Energy commissioned its first wind farm with a total installed capacity of about 30 MW. THEOLIA owns 51% of this wind power station.

Portfolio as of December 31, 2010

Total capacity in operation: 15 MW

Maestrale Green Energy operates the Giunchetto wind farm in the province of Enna, in Sicily.
The wind farm comprises 35 Vestas turbines each with a capacity of 850 kW, for a total capacity of about
30 MW. The net installed capacity is 15 MW for the Group.

Maestrale Green Energy develops, over the entire national territory, a large and geographically diversified portfolio:

Backlog: 99 MW

Maestrale Green Energy disposes of 99 MW of projects with building permits.

Projects under development:  255 MW

The pipeline of projects under development of Maestrale Green Energy reaches 255 MW, of which 165 MW having applied for a building permit.

As Maestrale Green Energy develops some of its projects in cooperation with local developers, this pipeline includes both projects developed by third parties and repurchased by Maestrale Green Energy, and projects developed by Maestrale Green Energy from the greenfield stage.

Contact

Maestrale Green Energy srl
Corso Magenta, 32
20123 Milan
Italy

Phone: +39 (0)2 80500422

info@maestrale.it

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THEOLIA in Germany

Presentation

Germany is the most mature wind market in Europe with the largest cumulative installed capacity.

THEOLIA became a significant player in this German market with the acquisition of Natenco GmbH in December 2006. Natenco GmbH, founded in 2000, has been renamed THEOLIA Naturenergien GmbH in January 2010.

With more than ten years of experience, THEOLIA Naturenergien is one of the few leading wind energy producers in Germany.

THEOLIA Naturenergien develops, builds and operates wind farms of its own account, as well as for the accounts of third parties. THEOLIA Naturenergien also regularly sells operating wind farms in the context of its trading activity, specific to the German market.

Portfolio as of December 31, 2010

Total capacity in operation: 646 MW

THEOLIA Naturenergien operates wind farms over the entire national territory, for a total installed capacity of 646 MW, of which:

• 145 MW operated for own account,
• 502 MW managed for third parties.

Backlog: 7 MW

THEOLIA Naturenergien disposes of 7 MW under construction as of December 31, 2010.

Projects under development:  39 MW

The pipeline of projects under development of THEOLIA Naturenergien reaches 39 MW, of which 35 MW having applied for a building permit.

Contact

THEOLIA Naturenergien GmbH
Ulmer Straße 4
70771 Leinfelden-Echterdingen
Germany

Phone: +49 (0)7 11 / 2 38 60-0
Fax: +49 (0)7 11 / 2 38 60-99

info@theolia.de

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THEOLIA in Morocco

Presentation

In Morocco, THEOLIA acquired at the beginning of January 2008 the Compagnie Eolienne du Détroit (CED), that operates a 50.4 MW wind farm.
The wind farm Koudia al Baida is located in Tétouan, near Tangiers. It comprises 84 wind turbines that were commissioned in 2000.
The electricity produced is sold to the Office National d'Electricité du Maroc (ONE) according to the terms of a long term contract.

Portfolio as of December 31, 2010

Operating capacity: 50 MW

THEOLIA operates the wind farm Koudia al Baida that has a capacity of 50.4 MW.
The site enjoys excellent wind conditions.

Outlook

As Morocco clearly endorses a policy in favor of the environment and renewable energies, this country represents for THEOLIA a favorable context in which to increase its presence.
The Company closely follows the Moroccan market and is analyzing different development opportunities, notably in the context of the national auctions.

Contact

THEOLIA Emerging Market
105 Boulevard d'Anfa - Appt 2
20 000 Casablanca
Morocco

Tel: +212 (0)5 22 47 36 12
Fax: +212 (0)5 22 47 10 14

youssef.faniar@theoliamaroc.com

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THEOLIA in Brazil

Presentation

Brazil is recognized for its strong potential growth in wind energy and represents a growth market for THEOLIA.

Since the acquisition of Natenco in 2006, THEOLIA has a wind development team in Brazil and
develops wind projects in this country.

Portfolio as of December 31, 2010

Projects under development:  80 MW

The pipeline of projects under development of THEOLIA Brasil reaches 80 MW as of December 31, 2010.

Contact

THEOLIA Brasil Energias Alternativas Ltda
Rua Furriel Luiz Antônio Vargas, 250 /1002
Bela Vista
CEP 90470-130
Porto Alegre-RS
Brazil

Phone: + 55 51 3013 9400
Fax: + 55 51 3013 9401

comercial@theolia.com.br