Voltalia’s consensus as of March 4, 2026

Core Insights - Voltalia, an international player in renewable energies, has published the consensus of equity analysts as of March 4, 2026, reflecting their estimates for the company's financial performance in 2025 and 2026 [2][3]. Financial Projections - For 2025, the average turnover is projected at €570 million, with EBITDA at €205 million. The net income is expected to be -€112 million [2]. - In 2026, the average turnover is expected to rise to €620 million, with EBITDA increasing to €239 million. The net income is projected to turn positive at €3 million [2]. - The consensus includes a maximum turnover estimate of €636 million and a minimum of €594 million for 2026 [2]. Operational Capacity - Voltalia has a total capacity of 3,683 MW in operation and under construction, with 3,053 MW currently operational and 600 MW under construction [2]. - The company aims to gradually commission new plants, including Sarimay Solar (126 MW) and Bolobedu (148 MW), to reach full capacity by 2026 [3]. Analyst Assumptions - The 2026 estimates consider a more conservative EUR/BRL exchange rate and potential curtailment impacts on EBITDA ranging from €25 million to €35 million [3]. - The estimates are based on the ongoing business review following the SPRING transformation plan, which includes costs related to pipeline clearance and a focus on core activities [3]. Company Overview - Voltalia operates in various renewable energy sectors, including wind, solar, hydro, biomass, and storage, with a total project portfolio capacity of 17.4 GW [4][5]. - The company employs over 1,900 staff across 20 countries, enabling it to provide comprehensive services from project design to operation and maintenance [6].