The investment will be fully subscribed by its shareholder KKR, reinforcing its long-term commitment to Greenvolt’s growth strategy.
The transaction follows the investment plan outlined at the time of KKR’s acquisition of Greenvolt and aims to strengthen the Group’s capacity to invest across all geographies where it operates, particularly in large-scale battery storage solutions.
The share capital increase will be implemented in two phases: the first in early August and the second by September 30th, 2025.
Greenvolt Group will proceed with a €150 million share capital increase, fully subscribed by its shareholder KKR. The transaction will take place in two tranches – the first in early August and the second to be completed by September 30.
Aligned with the strategic plan defined at the time of KKR’s entry into the company’s capital structure, this increase reflects continued confidence in Greenvolt’s execution capabilities and long-term growth potential. The company’s strategy is anchored in the development of its three core business segments: Sustainable Biomass, Utility-Scale, and Distributed Generation, with a focus on geographies offering stable and favourable regulatory frameworks.
This transaction will further strengthen Greenvolt’s ability to deliver on its business plan, particularly in the area of utility-scale battery energy storage systems (BESS) – a segment in which the Group is positioned as a European leader, with a probability-weighted pipeline of 4.3 GW across nine countries and projects already under construction in Poland, the UK, and Hungary. Greenvolt anticipates significant investments in BESS in the coming years, as this technology becomes increasingly central to the energy transition.
With first-half asset rotation sales surpassing €500 million, Greenvolt is reinforcing its capacity to finance the next investment cycle across the global markets where it operates, spanning 20 countries across Europe, North America, and Asia.
João Manso Neto, CEO of Greenvolt Group, stated: “This capital increase is part of the path we’ve been building alongside our shareholder and once again demonstrates its commitment to Greenvolt’s strategy. It gives us access to the financial resources needed to accelerate the execution capabilities we have consistently demonstrated and to further strengthen Greenvolt’s position as a key player in the energy transition”.
The first phase of this capital increase, totaling €100 million, will be completed in the coming days, while the second phase, corresponding to the remaining €50 million already approved, is expected to be completed by September 30, 2025.