- EBITDA rises 50% to €210.1 million, already covering 64% of the annual target of €331 million.
- Data centre infrastructure sales multiply 4.5x to €99.6 million: 34% more than in all of 2025.
- Leverage falls from 5.4x to 3.9x EBITDA despite investing €276 million in the half.
Madrid, 24 September 2026. Solaria Energía y Medio Ambiente (SLR SM) posted net profit of €124.9 million in the first half of 2026, up 52% year-on-year, driven by the commissioning of new capacity and the takeoff of its electrical infrastructure business for data centres. Earnings before interest, taxes, depreciation and amortisation (EBITDA) grew 50% to €210.1 million, putting the company at 64% of its full-year target of €331 million with only half the year gone.
Revenue more than doubled, rising 111% to €167.2 million. Total income grew 44% to €223.3 million, despite a lower contribution from other income, which fell from €76.0 million to €56.1 million. EBITDA grew faster than revenue.
In the second quarter, EBITDA reached €96.9 million (+47%) and net profit €44.5 million (+55%), on sales of €91.8 million, up 61%.
“These results show that Solaria delivers on what it promises. Less than a year ago we presented the market with a demanding roadmap, and in H1 we have already reached 64% of our 2026 EBITDA target. We have also hit our leverage goal more than two years early and almost doubled our contracted data centre capacity. That execution capability is the best guarantee of value creation for our shareholders”, said Arturo Díaz-Tejeiro, CEO of Solaria.
Data centres, the new growth engine
The main catalyst of the half was the infrastructure division, whose sales soared 355% to €99.6 million, from €21.9 million a year earlier. In just six months, this business has generated 34% more revenue than in the whole of 2025. Income comes mainly from the achievement of milestones under the company’s Powered Land model, which offers land with guaranteed grid connection to data centre developers.
Solaria has signed a second 213 MW agreement for data centres, taking contracted capacity to 438 MW — almost double the initial 225 MW announced at its Investor Day in November 2025. The Oliva solar plant, 175 MW and with construction completed, will supply a 70 MW data centre project in Daganzo (Madrid).
“We are executing faster than planned and with complete discipline. Every megawatt we commit to data centres translates into high-value revenue and returns for our shareholders, and we only invest in projects that clear a minimum 12% return”, Díaz-Tejeiro added.
Record production with more installed capacity
Power output rose 51% to 1,717 GWh, driven by operating capacity that grew 85% to 3,063 MW following the start-up of our Garoña plant and the first plant-hybridisation projects with batteries.
Accelerated deleveraging
The company invested €275.8 million in the half and, despite this, cut its net financial debt-to-last-twelve-months-EBITDA ratio to 3.9x, from 5.4x at the end of 2025. The figure is below the 4.8x target Solaria had set for 2028.
Investor Day in November
The company will hold a new Investor Day in November 2026 under the theme “Breaking Borders – Scaling Faster,” at which it will update its strategic plan and growth targets.
About Solaria (www.solariaenergia.com)
Solaria is the leading company in the development and generation of solar photovoltaic energy in southern Europe. Since its founding in 2002, it has specialised in renewable energy. Its business model has evolved from the manufacturing of photovoltaic cells and panels to the development and management of generation plants. Solaria has a long track record on the Spanish stock exchange, where it has been listed since 2007, culminating in its entry into the Ibex 35 in 2020. In 2021, Solaria joined the United Nations Global Compact as a Signatory Participant, reflecting the company’s firm commitment to sustainability, in line with the Sustainable Development Goals (SDGs) and the 2030 Agenda.
In recent years, Solaria has made major efforts to integrate sustainability as a fundamental pillar of its growth strategy. Since 2019, the company has cut its carbon footprint by 92% and, among other milestones, has set a target of net zero emissions by 2030 through energy-efficiency initiatives.
For further information, contact:
Antonio González Terol
aterol@solariaenergia.com
+34650711807
