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theolia sa - regr (TEO) Snapshot

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theolia sa - regr (TEO) Details

FUTUREN operates as an independent producer of electricity from onshore wind power in France, Germany, Morocco, and Italy. The company operates through Sales of Electricity for Own Account; Operation; Development, Construction, Sale; and Non-wind Activity segments. It develops, builds, and operates wind farms; and develops, constructs, and sells wind farms. The company also operates a solar farm in Germany. As of December 31, 2014, it operated 1,194 megawatts for its own account and for third parties. The company was formerly known as THEOLIA SA and changed its name to FUTUREN in September 2015. FUTUREN was founded in 1999 and is based in Aix-en-Provence, France.

119 Employees
Last Reported Date: 04/30/15
Founded in 1999

theolia sa - regr (TEO) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: €450.0K
Compensation as of Fiscal Year 2014.

theolia sa - regr (TEO) Key Developments

FUTUREN, Special/Extraordinary Shareholders Meeting, Oct 28, 2015

FUTUREN, Special/Extraordinary Shareholders Meeting, Oct 28, 2015. Agenda: To consider and approved the change of corporate name of Theolia into FUTUREN.

FUTUREN Reports Consolidated Revenue Results for the Third Quarter and First Nine Months of 2015

FUTUREN reported consolidated revenue results for the third quarter and first nine months of 2015. For the first nine months of 2015, the company reported EUR 41,055,000 against EUR 45,970,000 a year ago. For the third quarter, the company reported EUR 11,258,000 against EUR 16,470,000 a year ago.

FUTUREN Enters into Financing Agreement for the Chemin Perre Wind Project

FUTUREN is actively pursuing the implementation of its project portfolio in France, as previously announced. After having ordered turbines in July, the company entered into a financing agreement for the Chemin Perre wind project. This non-recourse long term loan is secured by the future cash-flows that will be generated by the wind farm. The Chemin Perre project is located on the Nogentais community of communes, on the territory of the towns of Montpothier and Villenauxe-la-Grande, in the Aube French department. To carry out this project, the company selected wind turbines with a unit capacity of 2 MW, bringing the total installed capacity of the future wind farm to 18 MW.


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