Bryan Garnier successfully leads the 15m Private Placement for Voltalia

Bryan Garnier successfully leads the 15m Private Placement for Voltalia

News published on January Wednesday 21, 2015
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Paris and Brussels, 21 January 2015 – Voltalia (Euronext Paris: VLTSA), a renewable energy-based electricity producer, announces today the completion of the private placement opened on 15 January 2015 to French and European institutional investors. The placement was backed by investment company Korys, which holds 1.43% of the share capital, and raised a total of EUR15,350,019 at a price of EUR8.60 per share, giving Voltalia new financial resources to ramp up its development.

Bryan, Garnier & Co acted as Joint Lead Manager and Joint Bookrunner of the private placement.

Sébastien Clerc, CEO of Voltalia, commented: "Voltalia now boasts even greater resources to accelerate its growth both internationally and in France. We are very pleased to have seized on new funding opportunities, which will be used to expand our portfolio of ongoing projects. We would like to thank the investment company Korys as well as all the investors who demonstrated their confidence in our company during this capital increase."

Olivier Beaudouin, Partner at Bryan Garnier, added: "We are delighted to support Voltalia in this significant phase of their development cycle, following the €100 Euronext IPO. This transaction illustrates again Bryan, Garnier & Co’s unique ability to support European Renewables”.

With the private placement, Voltalia aims to finance in 2015/2016 :

-          the acceleration in the company's development through the launch of Voltalia in three new geographic regions by end of 2015 (up to appr. €5 million) and the setting up of a specific site in Morocco from January 2015, and

-          for the remaining, eventual strategic acquisitions to complete its portfolio of projects underway or accelerate the company's expansion to new countries.

 

About Voltalia (www.voltalia.com)

Renewable energy-based electricity producer Voltalia develops and operates electric power plants generating a total production capacity of 133 MW from 4 core energy sources: wind, solar, hydraulic and biomass. Present in Metropolitan France, Brazil, Greece and French Guiana, Voltalia draws upon the energy expertise of a global team of over 100 employees. Voltalia has been listed on regulated market Euronext Paris since July 2014 (FR0011995588 – VLTSA).

 

About Korys (www.korys.be)

Korys is the investment holding of the Colruyt family. The family has been active in the retail sector for over 50 years and grew the Colruyt Group to become one of the most successful food retail and food services companies in Europe. Korys aims to create sustainable value through a diversified portfolio of investments and focuses on sectors in which it has built substantial expertise, such as Consumer and Retail, Renewable Energy and Life Sciences.

 

About Bryan, Garnier & Co (www.bryangarnier.com)

Bryan, Garnier & Co is an independent investment bank specialized in European TMT, Healthcare and Renewable Energies growth companies. Bryan, Garnier & Co is positioned in three activities: Equity Research & Brokerage, Asset Management and Corporate Finance. Bryan, Garnier & Co has become a leader in advising European growth companies on strategic finance transactions such as mergers & acquisitions, equity capital market, LBOs, IPOs and private placement.With more than 150 professionals based in London, Paris, Geneva, New York and New Delhi, Bryan, Garnier & Co combines the range of services and the expertise of top-tier investment banks with the level of attention to clients of a boutique.





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