Renvolt Secures EPC Contract for a 124.2 MW Solar Plant in Ireland
Renvolt, a subsidiary of Voltalia dedicated to services, has signed an engineering, procurement, and construction (EPC) contract for the Wexford Hub project in Ireland. This agreement strengthens the collaboration between Renvolt and ESB, the Irish public energy services company.
Comprehensive EPC Contract for Wexford Hub Project
Renvolt has signed a turnkey engineering, procurement, and construction (EPC) contract for the development of the Wexford Hub project, a 124.2-megawatt solar power plant located in County Wexford, Ireland. This contract is concluded with ESB, an Irish public energy services company and a long-standing partner of Voltalia. This collaboration is part of an established relationship that has already produced four projects either completed or under construction. In July 2025, ESB awarded Voltalia two turnkey EPC contracts for the construction of the Carriglong (43.7 megawatts) and Clashwilliam (49.2 megawatts) solar power plants.
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Renvolt will bring its expertise in engineering, procurement, and construction to this major project. The contract will be followed by an operation and maintenance (O&M) contract. Renvolt will mobilize local and international teams for the execution of the project.
Expanding Portfolio Exceeding 1 Gigawatt
With this new contract, the capacity currently under construction for third parties by Renvolt now exceeds 1 gigawatt. Renvolt relies on 5.6 gigawatts of projects built or under construction and manages the operation and maintenance of 1.9 gigawatts of assets. The subsidiary operates in 14 countries with more than 400 employees.
SectorEnergie · Energies alternatives · Electricité›Électricité Alternative
Context
Period
Period: 3T 2025
Guidance from the release
Voltalia enregistre un troisième trimestre en nette progression, avec un chiffre d’affaires en hausse de +31%, à 164,7 millions d’euros.
T3 2025 : CA +31% porté par les Services (x2,8) compensant la baisse des Ventes d’énergie (-13%) liée à l’effet change EUR/BRL, écrêtements au Brésil et effets prix des premières productions. Objectifs 2025 maintenus (capacité ?3,6 GW; production ?5,2 TWh; EBITDA 200-220 M€).
Risks mentioned
Risque de change (EUR/BRL défavorable)
Écrêtements de production au Brésil
Effets prix négatifs liés à la fin de contrats court-terme à prix élevés
Coûts de transformation et de restructuration liés au plan SPRING
Opportunities identified
Croissance forte des Services aux clients tiers (construction et O&M) avec chantiers >900 MW en Irlande, Espagne et Royaume-Uni
Mises en service prévues fin 2025 augmentant la capacité en exploitation
Partenariat IFC pour solutions Power-to-Mine en Afrique
Portefeuille de projets en développement de 17,4 GW
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