Orange signs a renewable energy purchase agreement with Boralex in France

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PARIS, July 7, 2020 / CNW Telbec / – On July 7, 2020, Fabienne Dulac, Deputy Chief Executive Officer of Orange SA and Chief Executive Officer of Orange France, and Nicolas Wolff, Vice-President and General Manager of Boralex, L’Europe , announced the signing of an electricity purchase agreement (PPA).This Corporate PPA between Orange France and Boralex is the first large-scale renewable energy purchase contract signed by Orange in France.

Boralex, pioneer of renewable energies and France leading independent producer of onshore wind energy, will supply Orange with 67 GWh / year of renewable electricity generated by the 26 wind turbines in the Ally-Mercoeur wind farm in Auvergne Rhône-Alpes). Implementation of this five-year agreement will begin on January 1, 2021. The agreement will cover all the electricity produced by the wind farm, with an installed capacity of 39 MW.

This agreement illustrates Orange’s ambitions for energy management and the sustainability of its networks as the volume of data transmission continues to grow.

By presenting Engage 2025, its new strategic plan, Orange has made a major commitment to meet the climate challenge: it will seek to anticipate the objectives of the GSMA1 within 10 years, with a zero carbon footprint by 2040, despite the increase in network data transmissions.

This will imply an increased use of renewable energies, which in 2025 will represent more than 50% of the electricity consumed by the Group. It will also involve an unprecedented effort in energy efficiency. By 2025, Orange will strengthen its Green ITN program to reduce the energy consumption of its networks and increase the number of vehicles electrified by France tenfold. It will also rely more on the circular economy with, for example, products that reflect an eco-design approach, used network equipment and more used terminals available in stores.

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1 The GSM Association (GSMA) represents the interests of mobile operators around the world.

For Boralex, this agreement, the first with a CAC40 company, is an important step in the deployment of its strategic plan until 2023, of which the sale of green energy to companies consuming electricity is a major element. The agreement signed with Orange allows the Ally-Mercoeur wind farm to enter a new phase and secure the sale of its electricity at the end of its current purchase obligation contract, which will end in December 2020. The signing of this agreement also illustrates the quality of Boralex’s production facilities and its industrial expertise in maintaining its assets and extending their lifespan beyond the first mandatory purchase contracts.

Declaration of Fabienne Dulac: « Orange France has set an ambitious goal of zero net carbon by 2040 and has made improving the energy performance of its networks a major focus of its Engage 2025 strategic plan. In recent months, at a time when networks have been more crucial and in greater demand than ever, I am particularly proud of this agreement which illustrates our commitment as an economic player paving the way for France on the PPAs and thus contribute to the energy transition of our country. ”

Declaration of Nicolas Wolff: “Our objective was to develop a partnership approach with Orange, which would create value for our two groups. That’s what we did. We are happy to see the name Boralex associated with Orange France. This Corporate PPA demonstrates our ability to provide real solutions for companies considering their energy Transition. »

Please find a selection of photos of the wind farm to download on the following link: https://we.tl/t-cNRGgYeNHk

About Orange
Orange Group is one of the main telecommunications operators in the world, with 42 billion euros turnover in 2019 and 145,000 employees 31 mars 2020, including 85,000 employees in France. Present in 26 countries, the Group has a total client base of more than 253 million clients on 31 mars 2017, including 208 million mobile customers and 21 million fixed broadband customers worldwide. Orange is also one of the main providers of global IT and telecommunications services to multinationals, under the Orange Business Services brand. In December 2019, the Group presented Engage 2025, a new strategic plan guided by social and environmental responsibility which will reinvent its business as an operator. While accelerating in growth zones and territories and placing data and AI at the heart of its innovation model, the Group intends to be an attractive and responsible employer, serving the needs of emerging companies.

Orange is listed on Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN).

For more information (on the web and on your mobile): www.orange.com and www.orange-business.com or follow us on Twitter: @presseorange

Orange and all other Orange products or services mentioned in this press release are registered trademarks belonging to Orange or Orange Brand Services Limited.

About Boralex
Boralex develops, builds and operates renewable energy installations in Canada, France, the United Kingdom and United States. With an installed capacity of 2,040 MW, Boralex is a leader in the Canadian market and France leading independent producer of onshore wind energy. Boralex is recognized for its solid experience in optimizing its asset base in four types of electricity production: wind, hydro, thermal and solar. Boralex ensures sustainable growth by leveraging the expertise and diversification it has developed over the past 30 years. Boralex’s shares are listed on the Toronto Stock Exchange under the symbol BLX. More information is available at www.boralex.com or www.sedar.com. Follow us on Facebook, LinkedIn and Twitter.

SOURCE Boralex Inc.
For more information: Orange press contacts: Valérie Doukhan – 06 85 63 85 26 – [email protected]; Mathilde Boistay – 06 73 45 53 69 – [email protected]; Boralex press contacts: Media France: Oxygene public relations agency, Virginia Raison, 06 65 27 33 52, [email protected]; Canada Media: Isabelle Fontaine, 819-345-0043, [email protected]; Investor Relations: Stéphane Milot, 514-213-1045, [email protected]

Related links

www.boralex.com

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