In August 2016 Martifer Solar was acquired by Voltalia Group.
Voltalia is a French renewable electricity company listed on the regulated Euronext market in Paris since July 2014 and active in four energies: wind, solar, hydro and biomass. The company is based in France and is a profitable company controlled by the Mulliez Family.
Present in five geographical regions, France, Greece, Morocco, Brazil and French Guiana, Voltalia has defined local development as a key element in its relationship with all its partners.
This core characteristic enables the Voltalia Group to build long-term relationships based on mutual trust with all the stakeholders involved in its projects, from their development to their operation.
This acquisition (100% of Martifer Solar´s capital) will enable Voltalia to accelerate its development strategy through the diversification of its international presence, its energy mix and also its business model:
- Voltalia is extending its international reach and now has teams spread out over 17 countries (compared to 4 prior) and active in 29 countries;
- The rebalancing of the projects portfolio in favour of solar energy (50% now compared to 13% prior) represents an incredible opportunity, as solar power is currently the fastest growing renewable energy in the world;
- By adding the provision of development, construction, operation and maintenance services to its existing activity of producing electricity from renewable energy, Voltalia is strengthening its industrial expertise and adding a new less capital-intensive business. This, combined with its own activity, further increases growth prospects for this new group.