Voltalia Ord Shs VLTAF

Voltalia SA is a France-based holding company engaged in the renewable utilities sector. It designs, develops and operates electric power stations in numerous countries, such as France, French Guyana, Brazil, Greece and Morocco. The Company generates electricity using a variety of renewable energy sources. These include wind, water, biomass and solar power. In addition, Voltalia SA specializes in carbon credit trading activities. The Company operates several subsidiaries, including Anelia and Bio-Bar in France, Voltalia Guyane, SIG Kourou, SIG Mana and SIG Cacao in French Guyana, Voltalia Energia do Brasil in Brazil, Thegero in Greece and Alterrya Maroc in Morocco, among others. The Company is owned by Voltalia Investissement SA.

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Voltalia Ord Shs > VTR is loaded with cash

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Comment by VentureTrader1on Oct 04, 2011 6:52pm

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RE: VTR is loaded with cash

Appreciate the update. It's just as well we don't get Nassara results with the market in meltdown mode anyway. Maybe by next week things will be more stable and better environment for evaluating them (unless they don't find anything!)

The loads of cash thing is going to be increasingly important given the trends in the credit markets right now. That financing at 1.90 in the summer will start to look pretty smart if credit seizes up again.

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