Voltalia's Strategic Move: Redemption of Green Bonds
Voltalia's Commitment to Sustainable Financing
Voltalia (Euronext Paris, code ISIN: FR0011995588) is an esteemed international player in the renewable energy sector, known for its dedication to sustainable practices. The company has successfully announced the redemption at maturity of its green convertible bonds, ISIN: FR00140001X1.
Details of the Redemption
The green convertible bonds were initially issued for 200 million euros back in early 2021. This amount was later increased to 250 million euros in mid-2022, showcasing Voltalia's growth and the increase in investment confidence in its ventures. The complete reimbursement took place on January 13, 2025, marking a significant milestone for the company.
Long-Term Financing Strategy
In addition to the successful redemption of these bonds, Voltalia is actively securing its long-term financing through sustainable solutions. Notably, the latest syndicated bank loan was finalized in July, 2024, with a further increase to 324 million euros in November of the same year. This financing is structured as an “impact” financing, ensuring it aligns with Voltalia's broader mission and commitment to social development and climate change mitigation.
Future Engagements
Voltalia is poised to share further updates with stakeholders. The next milestone event will be the announcement of Q4 2024 turnover, scheduled for January 29, 2025, after close of trading. This event will keep investors and interested parties informed of the company's ongoing progress and future direction.
About Voltalia
Voltalia is a recognized leader in the renewable energy landscape, generating and selling electricity through its extensive portfolio of wind, solar, hydro, biomass, and storage facilities. The company boasts 3.3 GW of operational and under-construction capacity while maintaining a project development pipeline with a total capacity reaching 17.2 GW.
Services Provided
Voltalia goes beyond energy production; it also provides robust services to its renewable energy clients at every phase of their projects. From initial design to operational support and maintenance, the company ensures that its clients have a seamless experience. This extensive service range includes the supply of green electricity and offering energy efficiency initiatives.
Global Presence and Impact
With more than 2,000 employees across 20 countries and three continents, Voltalia is equipped to meet global energy needs effectively. The company is publicly traded on the Euronext regulated market in Paris under the ticker symbol VLTSA and is included in various indices, including the Enternext Tech 40 and CAC Mid & Small indices, which reflect its standing in the market and commitment to sustainable practices. Moreover, Voltalia's strong sustainability credentials are recognized through multiple ESG ratings.
Contact Information
For inquiries, Voltalia encourages direct communication through their email: invest@voltalia.com or by phone at +33 (0)1 81 70 37 00.
Frequently Asked Questions
What are green convertible bonds?
Green convertible bonds are debt securities that can be converted into equity at a later date. They are specifically designed to finance projects with positive environmental impacts.
How much was the redemption amount for Voltalia's bonds?
The total redemption amount for Voltalia's green convertible bonds was 250 million euros.
What is Voltalia's primary business focus?
Voltalia focuses on generating renewable energy through various sources, including wind, solar, hydro, and biomass, and offers related services to its customers.
When is the next financial announcement from Voltalia?
The next financial update regarding Q4 2024 turnover will be announced on January 29, 2025, after market close.
What markets is Voltalia listed on?
Voltalia is listed on the Euronext regulated market in Paris under the ticker symbol VLTSA.
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