Voltalia SA
Voltalia, Natixis and EthiFinance support sustainable finance and the energy
transition with the first green and sustainable syndicated loan for a
European independent power producer
21-May-2019 / 17:40 CET/CEST
Dissemination of a French Regulatory News, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
· Voltalia brings together French and international banks - led by Natixis
- for this first syndicated loan signed by a pure player in renewables
· A shared commitment to use financial innovation to support the energy
transition and Environmental, Social and Governance (ESG) performance
assessed by extra-financial rating agency EthiFinance
· A loan structure that is challenging, committed and innovative, like
Voltalia itself
Paris, May 21st, 2019 - Voltalia has signed a credit facility with twelve
French and international top-tier banking partners1 for a total amount of
EUR100 million with an interest rate indexed to Voltalia's
extra-financial-performance.
Natixis acted as mandated arranger, sole coordinator, bookrunner and
sustainable development coordinator for the operation. EthiFinance agency
performed Voltalia's extra-financial analysis to establish its ESG rating.
This facility includes:
· a EUR55 million credit convention, and
· a EUR45 million long-term loan agreement.
Both instruments have a maturity of five years, extendible to seven years.
This new financing facility establishes Voltalia as an exemplary player in
terms of Corporate Social Responsibility ("CSR") and provides increased
financial flexibility for the implementation of its growth strategy,
particularly through continued investment in the development of new
projects.
Financial innovation supporting a responsible energy transition
This operation highlights the shared commitment of Voltalia and Natixis to
the integration of extra-financial performance metrics in companies'
financing solutions. For this first green sustainable loan signed by a
renewable pure player, Voltalia selected extra-financial indicators aligned
with its CSR priorities: health and safety at work, business ethics and its
ESG rating as assessed by EthiFinance.
Voltalia's performance will be measured annually to define the adjustment of
the credit conditions. Beyond contributing to the reduction of global CO2
emissions, this operation thus also positions Voltalia as an exemplary
player in terms of business conduct.
"By nature, Voltalia has a positive impact on the environment and in the
fight against global change. We wish to take a further step in our
commitment with this operation, which is a premiere among pure players in
the French renewables market. It highlights our strong belief that it is
essential to lead by example in the conduct of our activities and our
ambitions regarding extra-financial performance" said Sébastien Clerc, CEO
of Voltalia.
"By supporting Voltalia in this new operation, Natixis confirms its
long-term commitment with this client, and its determination to deliver
innovative solutions underpinned by its strategic commitment to green and
sustainable finance based on three pillars: innovation, service and
integrity" said Marc Vincent, Global Head of Corporate & Investment Banking
and Member of the Senior Management Committee, Natixis.
"With its Green and Sustainable hub, Natixis has the expertise and
operational resources to support its clients in their energy and climate
transition, and to develop and highlight their leading examples in
sustainable development. The performance indicators chosen by Voltalia for
this operation reflect the company's comprehensive approach to sustainable
development" said Orith Azoulay, Global Head of Green & Sustainable Finance,
Corporate & Investment Banking, Natixis.
"This financing operation is a strong signal of the growing importance of
CSR as a financial performance leverage. EthiFinance is glad to contribute
to it by placing its expertise at the service of visionary and voluntary
companies as Voltalia" said Emmanuel de La Ville, CEO at EthiFinance.
1. Natixis, BNP Paribas, Crédit Industriel et Commercial, Arkea Banque
Entreprises et Institutionnels, Banco do Brasil, Crédit Lyonnais, Bred
Banque Populaire, Caisse d'Epargne et de Prévoyance Hauts de France, Banco
de Sabadell, Banque Palatine, Caisse d'Epargne Loire-Centre et Crédit
Agricole Corporate & Investment Bank
***
Media contacts
For Voltalia:
· Investor Relations: +33 (0)1 81 70 37 00 | invest@voltalia.com
· Press Contact: Jennifer Jullia | +33 (0)1 56 88 11 11 |
jjullia@actifin.fr
For Natixis:
· Vanessa Stephan: +33 (0)1 58 19 34 16 | vanessa.stephan@natixis.com
· Sonia Dilouya: +33 (0)1 58 32 01 03 | sonia.dilouya@natixis.com
For EthiFinance:
· Anne Chanon: +33 (0)1 39 62 13 22 | anne.chanon@ethifinance.com
About Voltalia:
Voltalia is an international player in the renewable energy sector. The
Company produces and sells electricity generated from wind, solar, hydro,
biomass and storage facilities, with a total capacity of 921 MW either in
operation or construction.
Voltalia is also a service provider, assisting its investor clients active
in renewables at each project stages, from conception to operation and
maintenance.
With 550 employees in 18 countries over 4 continents, Voltalia is able to
act worldwide on behalf of its clients.
Voltalia has been listed on the Euronext regulated market in Paris since
July 2014 (FR0011995588 - VLTSA) and is a component stock of the Enternext
Tech 40 index and the CAC Mid&Small index. The Group is also included in the
Gaïa-Index, an index for socially responsible midcaps.
www.voltalia.com [1]
About Natixis:
Natixis is a French multinational financial services firm specialized in
asset & wealth management, corporate & investment banking, insurance and
payments. A subsidiary of Groupe BPCE, the second-largest banking group in
France through its two retail banking networks, Banque Populaire and Caisse
d'Epargne, Natixis counts nearly 16,000 employees across 38 countries. Its
clients include corporations, financial institutions, sovereign and
supranational organizations, as well as the customers of Groupe BPCE's
networks. Listed on the Paris stock exchange, Natixis has a solid financial
base with a CET1 capital under Basel 3(1) of EUR11.1 billion, a Basel 3 CET1
Ratio(1) of 10.6 % and quality long-term ratings (Standard & Poor's: A+ /
Moody's: A1 / Fitch Ratings: A+).
(1) Based on CRR-CRD4 rules as reported on June 26, 2013, including the
Danish compromise - without phase-in.
Figures as at 31 March 2019
About EthiFinance:
Founded in 2004, EthiFinance is the European leader in non-financial
research and consulting. For almost 15 years, EthiFinance has been assisting
investors and companies in their strategic management of Environmental,
Social and Governance risks (ESG).
https://www.ethifinance.com/ethifinance-english-version
Regulatory filing PDF file
Document title: PDF-VEN
Document: http://n.eqs.com/c/fncls.ssp?u=BTMNCIFCPO [2]
Language: English
Company: Voltalia SA
84 boulevard de Sébastopol
75003 Paris
France
E-mail: invest@voltalia.com
Internet: www.voltalia.com
ISIN: FR0011995588
Euronext VLTSA
Ticker:
AMF Category: Inside information / Issuer activities (acquisitions,
sales...)
EQS News ID: 814085
End of Announcement EQS News Service
814085 21-May-2019 CET/CEST
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(END) Dow Jones Newswires
May 21, 2019 11:40 ET (15:40 GMT)
