Voltalia

What Voltalia does

Voltalia SA is a French independent power producer (IPP) and renewable energy developer founded in 2005 in French Guiana and listed on Euronext Paris since 2014 (ticker: VLTSA, ISIN: FR0011995588). The company owns and operates wind, solar, battery storage, biomass, and hydropower assets across 15 countries in Europe, Latin America, and Africa, with 2.9 GW in operation, 3.6 GW including under construction, and a 12 GW project pipeline. In 2025, Voltalia generated 4.9 TWh of renewable electricity, €588 million in turnover (+16% at constant exchange rates), and reported an expected EBITDA of €210–230 million.

The company runs a vertically integrated business model covering the full project lifecycle: development (site identification, feasibility, permitting, grid studies, design, and land securing), construction (EPC), and long-term operation (O&M), with project cycles of 2–8 years. It monetizes electricity primarily through long-term Power Purchase Agreements (PPAs) — 86% with utilities and governments and 14% with corporate clients — supplemented by feed-in tariffs, tenders, and wholesale market sales. Revenue diversification is supported by services to third-party clients through subsidiaries Greensolver (wind/solar asset management, acquired 2020), Helexia (solar roofs and energy efficiency, acquired 2019), Renvolt (storage/e-mobility), Yusco (EV charging, launched 2025), and Triton Timber Group (biomass timber recovery).

Voltalia's go-to-market centers on winning utility-scale tenders (auction wins since 2011, especially in Brazil) and signing Corporate PPAs, with notable enterprise deals including Renault Group (350 MW solar supply), Rio Tinto's Richards Bay Minerals (148 MW, South Africa's first CPPA for mining), SNCF, City of London (South Farm 49.9 MW), Leroy Merlin, and Auchan. Geographically, 71% of energy sales contracts are concentrated in Africa and Uzbekistan versus 29% in Europe. Voltalia has 1,900 employees of 50 nationalities, is controlled by the Mulliez family through CREADEV/VMO INVEST, and in September 2025 launched the SPRING transformation plan to refocus activities, reduce its country footprint, and improve profitability.

Name

Voltalia

Legal name

Voltalia SA

Website

https://voltalia.com

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Voltalia SA is a French independent power producer and renewable energy developer operating 2.9 GW of wind, solar, storage, biomass, and hydropower assets across 15 countries, monetizing electricity through long-term PPAs with utilities, governments, and corporate clients such as Renault and Rio Tinto.

Ownership category

akta.pro rank

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices21 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Supply Chain, Personnel, Technology or R&D

Revenue model

1. Energy Sales: As an independent power producer (IPP), Voltalia generates and sells approximately 4.9 TWh of renewable energy annually. Production is monetized through feed-in tariffs, tender-based contracts, wholesale market sales, and long-term Power Purchase Agreements with corporate clients and utilities.
2. Third-party Services: Voltalia provides services to third-party customers including development (project development from site identification to permitting), EPC (Engineering, Procurement, Construction) contracts, and O&M (Operations & Maintenance) services. Also manages wind and solar assets for third parties through Greensolver subsidiary.
3. Corporate PPA contracts: Long-term contracts through which Voltalia supplies electricity to corporate clients at predefined conditions including contract duration, volume, and price stability.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Voltalia develops, builds, owns and operates renewable energy power plants (wind, solar, battery storage, biomass and hydro) and sells the generated electricity primarily through long-term Power Purchase Agreements to corporate clients, utilities and governments in 15 countries. The company also provides third-party project development, EPC construction and operations & maintenance services through its subsidiaries (Greensolver, Helexia, Renvolt, Yusco, Triton Timber Group).

Product overview

Voltalia is an international renewable energy company operating as both a project developer and independent power producer (IPP). The company offers three integrated service lines: Development (end-to-end project development from site identification through construction launch), Energy Production (ownership and operation of renewable assets with electricity sales through tariffs, tenders, markets, and PPAs), and Services to Third Parties (EPC and O&M). Voltalia's portfolio spans five renewable technologies: wind, solar, battery storage, biomass, and hydro, with operations in 15 countries across three continents. Key project clusters include the Serra Branca mixed wind/solar complex in Brazil (2.4 GW potential) and Karavasta Solar in Albania (140 MW, largest in Western Balkans). The company is structured around five subsidiaries: Greensolver (asset management for wind/solar), Helexia (solar roofs and energy efficiency), Renvolt (electric mobility), Yusco (EV charging), and Triton Timber Group (submerged forest recovery). The company listed on Euronext Paris in 2014 and adopted Mission-Driven Company status in 2021.

Differentiator

Problem solved

Functional benefit

Products and services

• Renewable Energy Development

Quantifiable outcome

• 4.9 TWh of renewable electricity produced in 2025
• +7 more outcomes

Named customers9 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core, major and supporting.

• International Finance Corporation (IFC)coreStrategic or Co-development PartnerStrategic partnership with IFC, a member of the World Bank Group, to support the rollout of sustainable energy solutions for mining activities in Africa. This partnership leverages IFC's development finance expertise to enable Voltalia's expansion into mining sector electrification across African markets.
• AuchanmajorStrategic or Co-development PartnerGlobal partnership with Auchan for Voltalia and Helexia, creating electric mobility subsidiary Yusco together with DECATHLON and Leroy Merlin. Partnership aims to develop sustainable mobility solutions leveraging retail distribution networks.
• DECATHLONmajorStrategic or Co-development PartnerPartnership through Yusco electric mobility subsidiary focused on developing electric mobility solutions, particularly e-bike infrastructure and services.
• Leroy MerlinmajorStrategic or Co-development PartnerPartnership through Yusco electric mobility subsidiary. Leroy Merlin and Voltalia also signed the first Corporate PPA for a new wind farm in France, demonstrating ongoing commercial relationship beyond mobility partnership.
• ekodevsupportingStrategic or Co-development PartnerIndependent third party that reviewed and certified Voltalia's internal tool for calculating avoided emissions.
• HelexiacoreChannel Partner/ Reseller/ DistributorSubsidiary specializing in solar roofs and customized energy efficiency solutions, supporting companies in their carbon footprint reduction strategy. Fully acquired by Voltalia in 2019.
• GreensolvercoreChannel Partner/ Reseller/ DistributorSubsidiary acquired in 2020 providing services to third-party clients including wind and solar asset management and operations.
• RenvoltsupportingChannel Partner/ Reseller/ DistributorSubsidiary focused on energy storage solutions, part of Voltalia's strategy to develop storage as a new sector in its project portfolio.
• Triton Timber GroupsupportingChannel Partner/ Reseller/ DistributorSubsidiary focused on recovering submerged forests and timber operations, contributing to sustainable biomass solutions.
• YuscosupportingChannel Partner/ Reseller/ DistributorElectric mobility subsidiary launched following partnership with Auchan, DECATHLON and Leroy Merlin, providing e-mobility solutions.

Scale indicators18 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• Neoen: French independent renewable energy producer and developer with wind, solar and storage assets globally. Closely comparable to Voltalia in size, integrated IPP + developer model, multi-geography footprint and PPA-driven revenue model.
• EDP Renováveis: One of the world's largest pure-play renewable energy developers and operators (wind and solar), with strong presence in Europe, North America and Brazil. Direct competitor to Voltalia in wind/solar IPP development and long-term PPA origination.
• Akuo Energy: French independent renewable energy developer and IPP active in wind, solar and storage across Europe and the Caribbean. Closely comparable to Voltalia on integrated model and mid-cap IPP profile, with similar focus on emerging geographies.
• Boralex: Canadian/European independent renewable IPP operating wind, solar and storage assets across France, Canada and the US. Comparable to Voltalia on integrated development-to-operation model and long-term PPA revenue structure.
• Encavis AG: European-listed renewable energy IPP and operator managing a portfolio of wind and solar parks across Europe. Comparable mid-cap IPP business model with similar focus on cash-flow stability from long-term PPAs.

Broad incumbents

• EDF Renewables: Subsidiary of EDF Group developing, building and operating renewable energy assets (wind, solar, storage) worldwide. Comparable to Voltalia across the full development-EPC-IPP value chain, with materially larger scale and balance sheet.
• Engie (Renewables): Global energy major with significant renewable energy generation and development operations in Europe, LatAm, Africa and Middle East. Overlaps with Voltalia in IPP and EPC services across multiple geographies, but operates at much larger scale across broader energy verticals.
• Enel Green Power: Renewable energy subsidiary of Enel Group operating wind, solar, geothermal and hydro assets across the Americas, Europe, Africa and Asia. Comparable in technology mix and geographic diversification but with substantially larger asset base.
• Iberdrola Renovables: Global renewable energy leader with onshore/offshore wind, solar and storage operations across Europe, the Americas and Australia. Comparable to Voltalia in wind/solar IPP model and PPA-driven growth, but with much larger scale.
• RWE Renewables: Renewable energy arm of RWE AG operating onshore/offshore wind and solar across Europe, the US and Australia. Comparable as a multi-geography renewable IPP and project developer, though much larger and more diversified.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/voltalia
• Xx.com/VoltaliaSA

Compliance15 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries5 records

Funding overview

Funding rounds9 records

Investors16 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Voltalia