The renewable electricity producer Voltalia announced on Wednesday that it was launching a capital increase "
of around 490 million euros
" in order "
to involve all investors in its strategic acceleration
", according to a press release.
Voltalia - which produces and sells electricity from its wind, solar, hydraulic, biomass and storage facilities - "
launches today a capital increase in cash with maintenance of shareholders' preferential subscription rights for a gross amount of 'approximately 490 million euros
', it is indicated.
The company reports "
subscription commitments for 72.95% of the total amount of the capital increase
" from its reference shareholder, Voltalia Investissement, which is "
part of the portfolio of companies held by Mulliez family members
», for a total amount of around 345 million euros, as well as from Proparco for around 12 million, or 2.50%.
The subscription price was set at 13.70 euros per new share.
The subscription period will open on November 21 and close on November 30 inclusive.
The result of the capital increase will be known on December 5, for admission of the new shares on Euronext Paris on December 7.
The group recalls having recorded an average annual growth of 48% in its revenues and 49% in its gross operating income (Ebitda) between 2014, the date of its IPO, and June 30, 2022. It now says that it is in plans to meet all of its commitments by 2023 and should even achieve, a year ahead of schedule, from the end of 2022, its objective of
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It recalls aiming, at the end of 2027, “
on average, a tripling
” of its performance indicators, both operationally, financially and environmentally, “
compared to 2021, with more than 5 gigawatts of capacity owned (in operation and in construction) and more than 8 gigawatts of capacity operated on behalf of third parties
".
The producer specifies that “
on this same horizon
”, he also aims “
a tripling of the number of tonnes of carbon avoided thanks to the production of our power plants, to more than 4 million tonnes of CO2 equivalent
”.
"
Today we are launching a capital increase to involve all investors in our strategic acceleration and together write this new chapter in Voltalia's history.
“said Sébastien Clerc, CEO of Voltalia, quoted in the press release.
In 2021, Voltalia had seen its revenues grow by 77%, to 412 million euros.
