Acquisition of Greensolver by Voltalia to strengthen its position as a third party service leader to onshore wind and solar PV projects
Provides resources, geographical outreach and scale to support Greensolver’s growth in the third party service business — creating significant market and cross-sell opportunities with existing Voltalia projects and third party clients
Close collaboration with Greensolver Management and Board over 12 months to develop a business plan, identify strategic needs, organize buyer outreach, perform due diligence and negotiate acquisition and related terms with Voltalia
Significant interest from asset owners and developers, O&M service providers, utilities and investors
Accelerate growth of Greensolver in existing geographies and access to new geographies
Strong synergies with Voltalia’s geographical footprint and expertise in procurement, engineering and construction.
Consolidate Voltalia’s position as a vertically integrated power producer
“The acquisition of Greensolver will strengthen Voltalia’s in the third party service business, notably in the onshore wind while our service business was mostly focused on solar PV. I am thrilled to welcome an entrepreneurial team highly recognized by its clients.”