THEOLIA

Cicom coached the company Theolia during its development; in 2002 Cicom coached Theolia in its Initial Public Offering (IPO) in the open market and then in the SBF 120 index.

Theolia raised more than 250 M€. The number of its employees enlarged from 5 persons to 200 persons within three years and its valuation raised up to 1.2 billion €.

THEOLIA is the first independent producer of electricity from wind power that was listed on the stock exchange. THEOLIA, present in both developed and emerging countries, contributes to real sustainable development.

Legal status : Limited company
Head office: Aix-en-Provence
Number of salaries: 237
Website : www.theolia.com
Turnover : 120 millions deuros (2008)

History :

1999 Creation of THEOLIA in Aix-en-Provence (France).
2002 Listing on the Open Market in Paris.
May 05 Acquisition of leading French developer VENTURA.
January 06 First acquisition outside France THEOLIA acquires 3 wind turbine power stations in Germany with a power capacity of 28.5 MW.
June 06 Introduction of first wind turbine power station (Fond de Fresne, Somme - 10 MW) entirely developed and built by the THEOLIA Group. Creation of THEOLIA Iberica.
July 06 First continuous listing of THEOLIA on Eurolist B by Eurolist Paris.
August 06 The THEOLIA project portfolio exceeds 1000 MW.
December 06 Acquisition of NATENCO, present in Germany, India, Brazil and the Czech Republic. THEOLIA adds to its business activities the sale and management of wind parks for third parties.
February 07 Signing of a strategic and industrial partnership agreement with GE Energy Financial Services for the acquisition of 165 MW in operation in Germany.
June 07 THENERGO is listed on Alternext.
Creation of THEOLIA Emerging Markets.
July 07 Closing of the strategic agreement with GE Energy Financial Services. The company has 17.03% stake in THEOLIA.
August 07 Creation of THEOLIA Greece and THEOLIA CEE.
September 07 THEOLIA is admitted in the SBF 120 index. THEOLIA announces the acquisition of Compagnie Eolienne du Détroit, which has a 50.4 MW wind farm in operation in Morocco.
October 07 Convertible Bond (OCEANE) issuance of €240 million.
November 07 Inauguration of the 10 MW wind turbine power station in Normandy (France), entirely developed by THEOLIA.
Strategic partnership through THEOLIA Emerging Markets with eco2lutions, a German company specialising in the evaluation and trading of carbon emission reduction certificates. Acquisition of wind turbine developer MAESTRALE GREEN ENERGY, with a portfolio of 500 MW in Italy. Presentation of THEOLIA and its ambitions in Spain.
December 07 Start-up of 6 wind turbine power stations in France:
8 MW in the Calvados region.
12 MW in the Somme region.
30 MW in the Aveyron region (4 sites).
January 08 Inclusion in the NEXT 150 index.
June 08 Announcement of a strategic partnership with TAQA in Morocco.
September 08 Top management changes: Resignation of Jean-Marie Santander as Chairman and CEO.
Appointment of Eric Peugeot as Chairman of the Board of Directors and Marc Van’t Noordende as CEO.
THEOLIA is admitted in the CAC MID100 index of NYSE Euronext.
Member of
   Coordinator of



Member of


CICOM Organisation
300 Route des Cretes
Sophia Antipolis
06560 Valbonne, France
Tel: +33 (0)4 93 00 60 00
Fax: +33 (0)4 93 00 61 01