Voltalia: a warning severely punished

Transition. After being praised by investors, stocks linked to the energy transition are experiencing difficult times. The decline in stock prices is sometimes impressive… The cause is the rise in long-term rates which increases the cost of debt while the economic model of these companies is based on a strong leverage effect. Inflation is another concern because it leads to an increase in the cost of projects… Concerning Voltalia, the company is very present in Brazil where the connection of new capacities has fallen behind schedule.