Voltalia's 2024 Financial Performance and Strategic Initiatives

Voltalia reports a 10% increase in turnover for 2024, reaching 547 million euros, attributed primarily to a 20% growth in Energy Sales. Despite this, EBITDA fell by 11% to 215 million euros, primarily due to curtailment impacts. Without these, EBITDA would have grown by 6%. The company recorded a net loss of 20.9 million euros, impacted by operations in Brazil and a decrease in solar panel inventory values.

Voltalia achieved its capacity target of 3.3 gigawatts in operation and under construction by the end of 2024. A strategic review of activities, part of the SPRING transformation plan, is underway to ensure profitable growth. This review is guided by consultancy Kearney and aims to finalize its first phase by June 2025.

For 2025, Voltalia anticipates an operational capacity increase to 3.6 gigawatts, with a projected production growth of 10%, reaching 5.2 terawatt-hours.