Theolia SA is a France-based developer and operator of wind energy projects. The Company's activities are mainly focused on the development of wind farm projects and construction of installations that generate wind power for the Company's Group's own account and for third parties, on the operation of wind farms, in France, Germany, Morocco and Italy. It also involves in the systematic sale of wind farms after a period of two to four years (except for trading activities). Theolia SA's activities and business services apply to the entire value chain of the wind energy sector ranging from the identification of sites to the operation of commissioned wind farms and including the process by which authorization for construction and operation is obtained, the selection of turbines, the completion of studies, research and raising of finance and construction and sale of farms in operation. In February 2013, the Company finalized the takeover of Breeze Two Energy, Germany.