LBP AM participates in a historic financing in favour of Voltalis

La Banque Postale Asset Management (LBP AM) is participating in a landmark €91 million financing to accelerate the deployment of Voltalis' innovative solution.

LBP AM, together with Edmond de Rothschild AM and CIC Private Debt, is participating in the €91m financing of Voltalis, which aims to equip 400,000 homes within the next two years. This financing meets the objectives of energy sobriety and reduction of CO2 emissions as well as those of security of the electricity system and purchasing power.

Since 2006, Voltalis has developed a DSR which allows households and businesses to lower their consumption when the power systems need it, as an alternative to generation. With over 15 years of market operations, Voltalis’ domestic DSR lowers energy prices at peak times for all, while allowing for more renewables to be used on power grids, supporting both energy security efforts and net zero ambitions.

"The funding granted to Voltalis is fully in line with the investment strategy of the Climate Impact Infrastructure Fund managed by LBP AM. This project, in line with the European taxonomy, allows to reduce French consumers’ energy consumption while
reducing carbon-intensive generation. We are pleased to have contributed to the structuring of this major transaction and to support the development of this innovative company.", Bérénice Arbona, Investment Director of LBP AM.