Voltalia: Engie's former CEO Isabelle Kocher joins the board
The general meeting of shareholders of Voltalia, held on October 9, 2026, ratified the cooptation of Isabelle Kocher de Leyritz, former chief executive officer of Engie, as a director, and appointed Emmanuelle Lemer as an independent director. The chairman of the board of directors, Bertrand Cousin, linked these two appointments to the implementation of the group's Spring transformation plan.
Isabelle Kocher de Leyritz succeeds Laurence Mulliez on the board
Isabelle Kocher de Leyritz was cooptated in May 2026 to replace Laurence Mulliez, whose term ended following the general meeting of May 21, 2026.
During nearly twenty years within the Suez and Engie groups, she notably held the positions of chief financial officer, deputy chief executive officer and chief operating officer, then chief executive officer of Engie from 2016 to 2020. According to the press release, she led the group's transformation around decarbonization and the development of renewable energies.
Since 2022, she has been co-founder and president of Blunomy, a consulting firm dedicated to the transition towards decarbonized, circular and inclusive economic models.
A career as an investment banker in the energy sector
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Of French and British nationality, Emmanuelle Lemer has more than twenty years of experience in the energy, infrastructure, municipal services and renewable energy sectors. She spent most of her career in international investment banking, where she advised major European and global companies on strategic and financial transactions, particularly mergers and acquisitions, market operations, financings and restructurings.
From 2016 to 2023, she was chief executive officer at J.P. Morgan, responsible for investment banking activities in energy, municipal services and renewable energy for the Europe, Middle East and Africa region. According to the press release, her appointment to the presidency of the audit committee takes into account her status as an independent director and her expertise.
Bertrand Cousin stated that the two directors will enrich the board's discussions "at a key moment in Voltalia's development". The group's next publication concerns third quarter 2026 revenue, scheduled for October 22, 2026 after market close.
perte nette attendue en 2026 (y compris au deuxième semestre). Cette évolution reflète la poursuite au second semestre des facteurs défavorables
Risks mentioned
Poursuite des facteurs défavorables sur les postes situés sous l'EBITDA, en particulier les charges financières
Poids de certains actifs déficitaires et leurs plans d'actions ne se concrétisent pas encore
Pénalisation par une ressource éolienne moins favorable et disponibilité plus faible notamment au Brésil
Opportunities identified
Montée en puissance des nouvelles centrales en Afrique du Sud, Ouzbékistan et Europe contribuant progressivement
Dynamique soutenue de Renvolt avec 750 MW en construction pour des clients tiers
Programme de cessions d'actifs de 300 à 350 millions d'euros concentrées sur le premier semestre 2027
Outlook / guidance
Expected EBITDA: 220 millions d'euros
Management commentary: « Objectifs financiers : confirmation d un EBITDA 2026 compris entre 210 et 230 millions d euros incluant 190 à 210 millions d euros générés par l activité de Ventes d énergie » (RFS S1 2026 du 10/09/2026, idem CP T2 du 23/07). AUCUNE prévision de chiffre d affaires chiffrée dans ces documents : le 525 servi en CA et la fourchette 210→230 recopiée en CA (c était la fourchette d EBITDA) sont retirés le 13/09/2026 (relecture cc@/claude).
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Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
