Voltalia: success of the €490 million capital increase


(CercleFinance.com) – Voltalia announces today the success of its capital increase in cash with maintenance of preferential subscription rights (DPS) for a gross amount of approximately 490 million euros.

This operation will give rise to the issue of 35,765,712 new shares at a unit subscription price of 13.70 euros.

“The funds raised will allow us to accelerate our strategic roadmap in order to achieve the ambitions we have set for 2027,” said Sébastien Clerc, CEO of Voltalia.

The capital increase is in fact intended to provide the Company with additional means to finance its objective of a consolidated capacity of at least 5.0 GW in operation or under construction by 2027, for which the Company estimates that the amount of investment required is between 2.5 and 3 billion euros.

The company plans to allocate at least 450 million euros of the funds raised to the construction of its new production capacities by 2027.

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