Paris, April 3, 2020

Neoen wins 66 MWp in solar projects in

Neoen (ISIN: FR0011675362, Ticker: NEOEN), one of the world’s leading and fastest-growing producers of exclusively renewable energy is announcing that it has been awarded 66 MWp in the call for tenders for ground-based solar farms held by the French government (“CRE 4.7”). This capacity is spread across six projects, from 3 to 28 MWp. The projects are owned by Neoen, in line with its develop-to-own business model, and two of them will have their capital open to crowdfunding.

The six successful projects are located in the French départements of -Maritime, , , , and Maine-et-. They demonstrate Neoen's ability to develop projects throughout different . The commissioning of the assets will take place between the end of 2021 and the beginning of 2022.

A majority of them (four out of six) will contribute to the rehabilitation of degraded sites. This illustrates Neoen's willingness to develop its projects primarily on wasteland or degraded land.

Xavier Barbaro, Neoen’s Chairman and Chief Executive Officer, commented: “With its success in this latest call for tenders, Neoen has once again consolidated its position as the leading independent solar player in France. Since 2017, we have been awarded nearly 350 MWp in solar projects in governmental calls for tenders. With a success rate of 97% of projects submitted, we demonstrate our ability to carry out projects in close collaboration with local players, elected officials and owners, who play a major role in their realization. This new success expands our portfolio of already secured projects. Neoen will continue with the same enthusiasm and rigor to develop new projects in France in years to come.”

About Neoen

Neoen is one of the world’s most dynamic independent producers of renewable energy. With a capacity close to 3 GW in operation or under construction, Neoen is a high-growth company. Neoen is notably active in France, Australia, Mexico, El Salvador, Argentina, Finland, Portugal, Ireland, Zambia, Jamaica and Mozambique. In particular, Neoen operates France’s most powerful solar farm (300 MWp) in Cestas, and the world’s largest lithium-ion power reserve (150 MW/193.5 MWh storage capacity) in Hornsdale, Australia. Neoen is targeting more than 5 GW capacity in operation or under construction by end of 2021. Neoen (ISIN Code: FR0011675362, ticker: NEOEN) is listed in Compartment A of the regulated market of Euronext .

For more information: www.neoen.com

Contact

Neoen Press - Havas [email protected] [email protected]