The planned €9m ($10.2m) takeover, first announced 20 June, will be equity financed. It will help Voltalia in its “multi-energy, multi-country” expansion strategy first launched in 2013.
In a statement Voltalia says it has acquired Martifer Solar’s development, construction, and operation & maintenance activities.
The acquisition has increased the renewables capacity operated by the French group by a factor of 2.4 from 418MW to over 1GW.
Voltalia’s
