About Velcan Energy

At a glance

Velcan Energy is an Independent hydro power concession operator. Velcan Energy develops, finances, builds and operates hydro power concessions plants in Brazil, India and Laos. As of March 2011 the company owns more than 628 MW of exclusive concessional rights to build hydro power plants in these countries. The Company has finished in November 2009 the construction of its first hydro electric power plant.

Velcan Energy is headquartered in Paris, and employs over 60 people, divided between its offices and concession sites.

Our Strategy

Our strategy is to become a market leader in medium size (up to 200 MW) hydro power concessions in emerging markets. Our target is to build a portfolio of 1 500 MW of hydro power concessional rights, which we shall gradually build.

Our Track Record

Velcan Energy has a strong record in both winning concessions and bringing them to operation on plan and within budget. As of March 2011, we have successfully won over 628 MW of hydroelectric concessions in Brazil, India and Laos. We have completed the construction of our first hydro power plant in Brazil less than 3 years after entering the country. Which is very quick in hydro power.

Our Strength

Velcan Energy has identified early on the huge energy requirement of countries such as India and Brazil for electricity production. Velcan believes it will be able to develop and grow its portfolio of medium scale, hydro power concessions to help supply this deficit through a combination of:

• A highly entrepreneurial strategic management team
• Superior technical knowledge and talent
• Innovative use of finance (including equity, project finance, ‘sukuk’ & Islamic finance) in order to assure stable and regular revenues to Velcan's stockholders once the plants are built. Velcan will not use financing models that could jeopardize the holding company's shareholder equity
• Recruitment of high quality local talent who combine in-depth knowledge of their respective markets with a high degree of technical expertise (our team has been involved in the construction of more than 25,000 MW of hydroelectric power)