SOLARIA HAS SIGNED A LONG TERM FINANCING AGREEMENT WITH BANCO SABADELL FOR 108.5MW

Madrid, November 12th, 2019   Today, we are pleased to announce Solaria has signed a long term financing agreement with Banco Sabadell S.A. for 4 PV power plants representing a total power of 108.5MW associated to Repsol PPAs. The financing is provided under the Project Finance modality for an amount of 59.45M EUR and a … Read more

SOLARIA ANNOUNCES 450MW TRILLO PROJECT, THE LARGEST PROJECT IN ITS HISTORY

Madrid, 1st October 2019   Solaria has obtained the favourable feasibility access permit (IVA) to install 450MW PV in Trillo 400kV substation located in Guadalajara province, where Solaria acts as Single Node Interlocutor (IUN). Trillo Project is the biggest project in Solaria’s portfolio and represent close to 15% of the 3,325MW target set by the … Read more

1H19 RESULTS: SOLARIA REPORTS €9.93MN IN EARNINGS AND INCREASES INSTALLED CAPACITY TO 185MW

Link to Results Link to Presentation   Madrid, 25 September 2019   In the first half of the year, SOLARIA maintained its growth, improving REVENUES by 5% to €20.3mn, EBITDA by 5.5% to €16.08mn and NET PROFIT by 13% to €9.93mn. The growth is the result of high levels of solar radiation during the period … Read more

FV EL BALDÍO PLANT INAUGURATION – 20MWP – CASATEJADA – EXTREMADURA

Madrid, August 1st, 2019   This morning, President of Regional Government of Extremadura, Mr. Guillermo Fernández Vara and the President of Solaria, Mr. Enrique Diaz-Tejeiro, have inaugurated the photovoltaic plant “FV El Baldío” located in Casatejada, Extremadura. The facility has 53,000 modules and the installed capacity is 20MWp. The facility will produce 40 GWh per … Read more

SOLARIA ENTERS INTO 250MW FINANCING AGREEMENT AND IS TO RECEIVE OVER €130MN

Madrid, July 18, 2019   Earlier today, SOLARIA signed a long-term financing agreement with Natixis S.A., S.E. (Spain) for 250MW awarded in the 2017 Spanish renewable auction. The financing is a project-finance arrangement involving an amount of over €130mn. From this moment onward, funds shall be withdrawn in accordance with the pace of construction. Plants … Read more

1Q19 RESULTS: SOLARIA EARNS €5.16 MN AND LAUNCH THE CONSTRUCTION OF ADDITIONAL 650 MW

Madrid, 13 May 2019   According to the company’s President Enrique Díaz-Tejeiro, “the Company’s numbers are once again still very positive”. In the first quarter, Solaria registered an important growth with Revenues up +11% to €9.49mn, EBITDA up 18% (to €7.77mn and Net Profit jumping +37% (to €5.16 mn). “400 MW construction progress is very satisfactory Díaz Tejeiro also commented, and we launch a new … Read more

SOLARIA DIRECTORS ACQUIRED SHARES AFTER THE ANNUAL RESULTS

Madrid, 28 March 2019   Solaria Executives have bought 38,000 shares in March after the publication of the 2018 results.With these purchases, Darío Lopez (Chief Operating Officer – COO), Eloy Ruiz (Director of Organization and Resources) and Fernando Rodriguez-Madridejos (Director of Business Development) hold respectively: 28,541, 26,750 and 13,300 shares. “These data show that the interests of … Read more

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