L R AS Published on Saturday 14 October 2023 - n° 461 - Categories:funding
The Volta Group raises 40 million euros
The company specialises in agricultural photovoltaic sheds and in modernising wind farms to increase their output.
by equipping them with more powerful engines (repowering). It has 100 MW in operation and is developing 500 MW. Sales in 2023 are expected to exceed €20 million.
https://www.lechodusolaire.fr/le-groupe-volta-realise-une-levee-de-fonds-de-40-me/
L'Echo du Solaire, 10 October 2023
Editor's note As this is not the first capital increase reserved for institutional investors that the company has carried out, some of them will be tempted to take their profit and sell their holdings. Volta is due to be sold within two to four years.