Signing of a new syndicated loan for 170 million euros,

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Signing170 million euros Euro a syndicated loan bringing the total amount of credit facilities available to the Group to RUB 350 million. Euro

Voltalia (Euronext Paris ISIN: FR0011995588), an international renewable energy player, announces the signing of a new 170 million Euro syndicated credit line. This new line of credit reproduces the innovative basis of the one that was introduced in 2019: its interest rate can be subsidized depending on the achievement of certain environmental, social and governance criteria (ESG).

We are very proud to have signed this new syndicated loan, which will allow us to almost double the amount of bank loans we currently have. This transaction demonstrates the trust of our banking partners, both old and new. First of all, it’s new Sustainable development loan, the cost of which will be associated with the achievement of non-financial goals, is another reminder of our desire to be a CSR model in fulfilling our mission.“said Sebastian Clerk, CEO of Voltalia.

The € 170 million loan with a maturity of five years consists of a revolving line of credit (two thirds) and a term loan that can be used for two years (one third). The loan also provides turning line sublimit and “accordion” clause, which allows you to increase the amount during the term of the loan.

This new syndicated loan is in addition to the existing two lines for 80 and 100 million euros. This will increase the Group’s financial flexibility as part of its continuous growth, for example, to pre-finance construction work at new power plants before the funding for a project is exhausted. In addition, this transaction provides the Group with additional stable long-term financial resources and increases the average term of its financing.

New financing is related to sustainability, meaning that interest rates may be affected by the Group’s achievement of the following non-financial targets:

  • Occupational health and safety indicators;
  • Business Conduct and Ethics;
  • The company’s environmental, social and governance (ESG) metrics assessed by EthiFinance’s extra-financial Gaïa rating.one agency.

This loan was entered into with a syndicate of eleven banking partners: BNP Paribas, Natixis (along with Caisse d’Epargne de Bourgogne Franche-Comté, BRED-Banque Populaire and Banque Palatine) and Santander as authorized arrangers and bookrunners, CACIB and Crédit Agricole Nord de France as lead organizers and Arkéa, CIC and Goldman Sachs as organizers.

BNP Paribas acted as sustainability coordinator and Natixis as documentation agent.

EthiFinance conducted additional financial analysis of Voltalia to determine the ESG rating.

Further on the agenda: Revenue for Q2 2021 July 21, 2021 (after market close)

ABOUT Voltalia (www.voltalia.com)
Voltalia is an international player in the renewable energy sector. The Group produces and sells electricity generated by wind, solar, hydraulic systems, biomass and storage facilities that it owns and operates. Voltalia has generating capacities in excess of 1.4 GW in operation and under construction, as well as a portfolio of projects under development with a total capacity of 9.7 GW.

Voltalia is also a service provider and supports its investor clients in renewable energy projects at all stages, from design to operation and maintenance.

As a pioneer in the corporate market, Voltalia offers private companies a global offering ranging from clean electricity and energy efficiency services to local production of their own electricity.

The Group employs over 1,130 employees and is present in 20 countries on 4 continents and can act on behalf of its clients around the world.

Voltalia is listed on the regulated market Euronext Paris, Division B (FR0011995588 – VLTSA) and is part of the Enternext Tech 40 and CAC Mid & Small indices. The group is also included in the Gaïa-Index – an index of socially responsible mid-level companies.

Voltalia
Investor Relations: invest@voltalia.com
T. +33 (0) 1 81 70 37 00
Aktifin
Press Contact: Jennifer Julia
jjullia@actifin.fr T. +33 (0) 1 56 88 11 11

1 Pursuant to the 2019 agreement with EthiFinance to structure the previous transaction, the extra-financial rating agency EthiFinance committed to provide an annual ESG rating based on its Gaïa methodology, adapted for European small and mid-cap companies.

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