Voltalia Secures a Syndicated Loan of 244.4 Million Euros for Debt Refinancing
Voltalia has announced the signing of a 244 million euro corporate loan with a consortium of twelve banks on December 30, 2025. This move aims to proactively refinance loans maturing in 2026 and to support the implementation of the SPRING plan announced in September 2025.
Details of the Syndicated Financing
The syndicated financing, amounting to 244.4 million euros, consists of a revolving credit of 146.6 million euros and a term loan of 97.7 million euros, according to the press release. The maturity is set at three years, with a partial extension option up to five years. The revolving credit features a swingline that allows weekly draws. The term loan includes early repayment clauses, in line with the goals of the SPRING plan aiming for self-financing growth and gradual debt reduction. This operation extends the average maturity of the group's debt while benefiting from optimized financial conditions, as stated by the company.
Impact Financing Aligned with Climate Change Mitigation
This syndicated loan finances activities that contribute to mitigating climate change, in accordance with the European taxonomy, Voltalia specifies. The financing, qualified as 'impact financing', benefits from a reduced interest rate if extra-financial performance targets are met, particularly in terms of health and safety at work, CO2 emission reduction, and land co-utilization. The credit is currently under syndication, a process that could increase its total amount beyond the initial 244 million euros. According to CEO Robert Klein, this financing demonstrates the banking partners' trust in the group.
Arrangement with a Consortium of Financial Institutions
The transaction was arranged with a pool of French and international financial institutions, including Arkéa Banque Entreprises et Institutionnels, Banco Santander, BNP Paribas, Bred Banque Populaire, three Caisses d'Epargne et de Prévoyance, Crédit Agricole Corporate and Investment Bank, Crédit Industriel et Commercial, Crédit Lyonnais, Goldman Sachs Bank Europe SE, and Natixis. CACIB acts as the documentation agent, BNP Paribas as the CSR coordinator, and Natixis as the credit agent, according to the press release. Voltalia was assisted by King & Spalding and Redbridge Debt & Treasury Advisory, while the lenders were advised by Ashurst.
