E.ON has signed a share sale and purchase agreement for the acquisition of Société Conilhac Energies S.A.S. (Conilhac), a developer of photovoltaic projects in southern France. With this acquisition E.ON continues the rapid development of its solar activities in one of Europe’s most important markets for solar energy. Recently E.ON opened the company’s first solar farm near the southern French town of Le Lauzet. The farm occupies an area of more than 20 hectares, has an installed capacity of 1 megawatt (MW), and could be expanded to 5 MW subject to the availability of a similarly sized grid connection.

Conilhac already worked successfully as developer of photovoltaic projects in southern France and assembled a significant pipeline of photovoltaic projects at various stages of maturity. The acquisition will enhance E.ON´s capabilities to develop and implement photovoltaic projects in an industrialized fashion.

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