The Altri Group completed, on July 15th, the IPO of Greenvolt after a successful capital increase, fully subscribed by institutional investors.

Currently, Greenvolt's activity results from the continuous improvement strategy pursued by Altri, of integration between the forestry sector that produces biomass and the production of energy from this renewable resource, increasing its capacity to actively contribute to the improvement of planning and cleaning forest and, consequently, for its sustainability, a current and urgent concern in Portugal, which for Altri and for Greenvolt has been an absolute priority for many years.

Based on technical competences, Greenvolt developed a differentiated growth strategy based on four areas: biomass, solar energy, wind energy and decentralized energy generation.

In terms of biomass, a core activity, and taking into account the vast experience it has accumulated and the results obtained, Greenvolt intends to implement a strategy to consolidate the European market through the acquisition of biomass power stations, both domestically and at European level, with the aim of adding value through the implementation of its recognized technical skills

Regarding the renewable energy segment based on wind and solar resources, Greenvolt will position itself upstream of the value chain, in the project development segment, where profitability is higher and capital needs are lower. In geographic terms, Greenvolt has a pan-European ambition, with a focus on countries where there are more ambitious renewable energy targets, where remuneration schemes and institutional environment is more stable and where the entire wind energy project development process and solar is more challenging, such as Poland, Greece, Italy and France. In this sense, Greenvolt acquired V-Ridium, one of the largest European promoters of projects of this type, a platform through which it will implement its strategy in this segment.

With regard to solar energy, the decentralized electricity generation segment has been recording very strong growth in recent years. This segment is clearly a bet for the future, generating significant savings for customers, whether they are families or industries. Thus, in this fourth strategic growth vector, Greenvolt intends to have a significant presence in the Iberian market.

In this way, Greenvolt asserts itself as a European reference company in the renewable energy market segment, presenting a differentiating strategic position and centered on the decarbonization of economies, through careful economic and financial assumptions.