Voltalia targets acquisition of Helexia
Post date: 23/05/2019 - 16:29
French wind and solar power producer Voltalia has entered into exclusive acquisition negotiations with the shareholders of French PV rooftop installer Helexia. The company has finished over 222 PV rooftop projects managed in 4 countries (France, Belgium, Italy and Portugal) totaling 51.4 MW of installed capacity and 7.5 MW under construction. Helexia teams develop, build and operate solar projects owned by the company. In 2018, revenues reached €14 million ($15.6 million).
Helexia is currently owned by the Mulliez family via Creadev, which is also Voltalia’s majority shareholder. As of today, 35 percent of Helexia’s installed capacity is located on the roofs of retailers controlled by the Mulliez family. The definitive signing of the documentation and the finalizing of the transaction are expected during the third quarter of 2019.