Voltalia

Voltalia Enhances Financial Strategy With Sustainability-Linked Syndicated Facility

Challenge

A leader in the renewable energy sector, Voltalia aimed to increase the company’s financing capacity in alignment with a planned capital increase. Voltalia needed to secure substantial credit facilities under flexible terms, diversify the company’s lender pool, and integrate corporate social responsibility (CSR) objectives into the overall financing structure.

Solution

Voltalia partnered with Redbridge to negotiate a new sustainability-linked loan with revolving credit facility (RCF) and term loan tranches. The strategic approach involved a two-step process. Initially, a select group of lenders provided the financing needed for the capital increase. This was followed by a syndication process that not only increased the facility but also optimized lender involvement.

Results

Voltalia secured an initial facility amount of $217 million, which was timely for the capital increase and later expanded to $305 million under competitive terms. This strategic financial maneuver enhanced liquidity and flexibility, extended the pool of lenders, and updated the Sustainable Program to better reflect the company’s CSR commitments. The tailored process contributed to Voltalia’s strengthened financial foundation & commitment to sustainability.