Voltalia Achieves Its 3.6 Gigawatts Capacity Target for 2025
Voltalia Group announces that by the end of 2025, it has reached a total capacity of 3,554 megawatts, with 2,913 megawatts in operation, in line with its target of 3.6 gigawatts in operation and construction. This progress occurs in a context marked by clipping constraints affecting annual production.
Operational Achievements and Strategic Moves
According to the press release, Voltalia commissioned 408 megawatts over the course of 2025, primarily in Africa and other parts of the world. Concurrently, the group continued its strategy of acquiring and divesting power plants, although specific details of these transactions were not disclosed. The operational capacity thus reached 2,913 megawatts, growing by 16% compared to the previous year. Geographically, this capacity is distributed as 54% in Latin America, 33% in Europe, and 13% in the rest of the world, according to the data provided by the company.
Construction Projects and Expansion
The group specifies that it launched construction projects totaling 305 megawatts during the year 2025, bringing the total capacity under construction to 641 megawatts. This construction capacity is distributed as 58% in Europe, 31% in Africa and International, and 11% in Latin America. Overall, the cumulative capacity of plants in operation and under construction increased by 298 megawatts, a 9% rise in 2025, reaching 3,554 megawatts. Additionally, Voltalia recently secured new long-term electricity sales contracts in Italy totaling 68 megawatts, thereby strengthening its position in the country and across Europe.
Production Challenges and Financial Outlook
The company acknowledges that production fell short of forecasts due to clipping, with an observed rate of 21% versus an anticipated 10% over the first nine months of the year. According to the press release, these constraints are expected to be largely compensated over the next two years. Voltalia is pursuing legal and litigious steps to seek compensation for the clipping, and notes that progress in discussions in Brazil could lead to compensations starting in 2026, covering the impacts observed from September 2023 to the end of 2025. The group reaffirms its EBITDA target for 2025 between 200 and 220 million euros, while anticipating a net loss attributable to the group in the second half greater than that of the first half of 2025.
