Voltalia upsizes its syndicated bank loan closed in July
November 05 2024 - 12:10PM
UK Regulatory
Voltalia upsizes its syndicated bank loan closed in July
Voltalia upsizes its syndicated bank loan closed in
July
Voltalia (Euronext Paris, ISIN code:
FR0011995588), an international player in renewable energies,
announces that the amount of its bank loan, initially signed on
July 29, 2024, is increased to 324 million euros after a
successful syndication
The syndication allowed Itau Bank, from Brazil,
and the Standard Bank, from South Africa, to join the initial pool
of nine banks from Europe, the USA and Japan.
The facility now reaches 324 million euros,
versus an initial amount of 294 million euros.
The syndicated financing is composed of a 5-year
(extendable to 7 years) revolving credit facility of
176,4 million euros and a 5-year term loan of
147,6 million euros.
In addition to securing the refinancing of
Voltalia’s convertible bonds maturing in 2025, the syndicated bank
loan will contribute to the funding of future investments in
renewable energy assets.
This bank facility is structured as a
sustainability linked financing aligned with Voltalia's mission
objectives, supporting activities that contribute to climate change
mitigation and social development. The facility’s interest rate
terms are to be decreased upon achieving specific extra-financial
ESG indicators regarding health and safety, avoided CO2
emissions, and co-use of land.
Sébastien Clerc, CEO of Voltalia, comments:
“This successful syndication reflects our banking partners’
strong confidence in Voltalia's business model and perspectives.
The additional resources will further improve our financial
flexibility and support our ambitious strategy”.
Next meeting: Q4 2024 turnover,
January 29, 2025 (after close of trading)
|
About Voltalia
(www.voltalia.com) |
Voltalia is an international player in renewable energies. The
Group produces and sells electricity from its wind, solar, hydro,
biomass and storage facilities. It has 3.1 GW of capacity in
operation and under construction, and a portfolio of projects under
development with a total capacity of 17.2 GW.
Voltalia is also a service provider, supporting its renewable
energy customers at every stage of their projects, from design to
operation and maintenance.
A pioneer in the business market, Voltalia offers a comprehensive
range of services to businesses, from the supply of green
electricity to energy efficiency services and the local production
of its own electricity.
With more than 2,000 employees in 20 countries on 3 continents,
Voltalia has the capacity to act globally on behalf of its
customers.
Voltalia is listed on the Euronext regulated market in Paris
(FR0011995588 - VLTSA) and is included in the Enternext Tech 40 and
CAC Mid&Small indices. The company is also included, amongst
others, in the MSCI ESG ratings and the Sustainalytics
ratings. |
Voltalia
Email: invest@voltalia.com
T. +33 (0)1 81 70 37 00 |
Press Relations Seitosei.Actifin - Jennifer Jullia
jennifer.jullia@seitosei-actifin.com
T. +33 (0)1 56 88 11 19 |
- Voltalia upsizes its syndicated bank loan closed in July
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