Velto Renewables completes acquisition and begins operation of the Milhat Solar Farm in Haute-Garonne

Madrid and Berlin, December 5, 2025 – Velto Renewables today announces the completion of its acquisition of the Milhat Solar Farm from Q ENERGY, becoming the sole owner of the 9.2 MWp photovoltaic plant in Lafitte-Vigordane, Haute-Garonne, France.

Built on a restored former quarry, the 9-hectare site features over 15,800 solar panels and produces enough electricity to power approximately 5,800 residents annually, while avoiding an estimated 3,146 tonnes of CO₂ emissions each year. The project is designed for dual use, combining clean energy production with ongoing sheep grazing, supported by land management measures and independent agricultural monitoring to maintain pasture quality and animal welfare.

This acquisition marks an important step in Velto Renewables’ expansion in France and highlights its dedication to renewable energy projects that generate lasting environmental, social, and economic benefits.

The Milhat project is part of a broader partnership framework between Velto Renewables and Q ENERGY, facilitating continued collaboration and potential future project transfers.

About Velto Renewables
Velto Renewables is a renewable energy independent power producer with a long-term asset ownership strategy. Established in 2020 and backed by the global investment group La Caisse (formerly CDPQ), Velto Renewables is committed to contributing to the decarbonization of the global economy and the European energy transition by investing in and developing an international and multi-technology portfolio of renewable energy projects. Velto currently owns more than 570 MW of operating and under construction solar PV and wind projects in Spain and France, manages a 25% investment in a 630 MW offshore wind farm in the United Kingdom, develops 1+GW of greenfield projects in Iberia, and is seeking to grow its portfolio by becoming a local player in the countries and regions where it invests. For more information, visit veltorenewables.com.

About Q ENERGY
Q ENERGY is Europe’s provider of holistic solutions for green power plants. The company is active along the entire value chain of renewable energy projects – from solar parks, onshore and offshore wind projects to energy storage solutions and hybrid power plants. More than 550 employees in the Berlin headquarters and further international offices are currently driving a development pipeline of +8.5 GW across Europe. Building on more than 25 years of experience and 2.5 GW completed renewable energy assets, Q ENERGY is currently active in Spain, Portugal, France, and Germany as well as in Italy. Together with its independent sister company Hanwha Qcells, Q ENERGY forms the energy division of its mother company and top-tier Korean enterprise Hanwha Solutions Corporation. www.qenergy.eu

Velto Renewables, S.L.U.
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