Greenvolt Group has completed a €70 million additional issuance (tap issue) of its Green Bonds 2024–2029, bringing the total issuance to €170 million. The transaction was placed exclusively with qualified investors, although the new bonds will be fungible with the existing issuance and may be traded on the market by any investor.
The additional amount will support Greenvolt’s growth strategy and the expansion of its international business dedicated exclusively to renewable energy projects. In particular, the proceeds will support the Group’s investment plan in Utility-Scale projects across the markets in which it operates.
Within this segment, Greenvolt currently has a 12.8 GW probability-weighted pipeline, of which approximately 1.5 GW is under construction and around 700 MW is already operational. In 2026, the Group expects to reach 6.3 GW in the Ready-to-Build stage and 2.2 GW of operational capacity.
“The success of this transaction demonstrates institutional investors’ confidence in Greenvolt’s strategy and growth profile. This additional funding will enable us to continue executing our business plan and strengthen our investment capacity, while maintaining a financial structure aligned with the Group’s needs,” said João Manso Neto, CEO of Greenvolt Group.
The transaction follows a year of strong growth for Greenvolt. In 2025, the Group increased revenues by 121% to €777 million and achieved a record EBITDA of €207.8 million. This performance was primarily driven by the successful rotation of more than 1 GW of Utility-Scale assets located in Poland, Romania, and Spain.
In addition to its Utility-Scale business, Greenvolt is a leader in Sustainable Biomass, with approximately 170 MW of installed capacity across Portugal and the United Kingdom. The Group is also one of Europe’s leading Distributed Generation operators, with a backlog of approximately 575 MWp.
Earlier, Greenvolt Group, through its distributed generation platform Greenvolt Next, secured a €35 million project finance facility in partnership with Millennium bcp to accelerate the development of distributed renewable energy projects across Portugal. The transaction, considered the first of its kind in the Portuguese market, combines the refinancing of an existing operational portfolio with funding for new self-consumption installations backed by long-term Power Purchase Agreements (PPAs).
The financed portfolio includes more than 120 distributed self-consumption projects with over 30 MWp of installed capacity, serving businesses across industries such as manufacturing, logistics, hospitality, retail, healthcare, and infrastructure. This achievement further strengthened Greenvolt’s distributed generation business while supporting Portugal’s renewable energy transition and energy independence goals under the National Energy and Climate Plan 2030.
Greenvolt is a global renewable energy company focused on delivering 100% green power through multiple technologies across diverse geographies. The company operates across three core business segments — Sustainable Biomass, Utility-Scale renewable energy, and Distributed Generation — supporting the transition toward a cleaner and more sustainable energy future.
Driven by its purpose to create sustainable value from the sun, wind, and forests for the benefit of society, stakeholders, and employees, Greenvolt develops renewable energy solutions that contribute to sustainability, innovation, fairness, and energy independence. The company harnesses renewable resources such as solar, wind, and forestry residues to generate environmentally responsible energy while promoting circular economy practices through the valorisation of waste and biomass resources.
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