Madrid, February 26, 2019 On top of these excellent results, we would also highlight the project financing agreement signed with Banco Natixis for the 250MW awarded in the 2017 Spanish auction. Solaria continues to strengthen its balance sheet in order to ensure construction of the 1300MW included in its Strategic Plan. Moreover, the Group’s … Read more
Madrid, February 14th, 2019 As of today, SOLARIA reports it has successfully completed the refinancing of the project debt associated to the Italian assets with Banco Santander S.A.. These assets include 10 PV plants in Marche and Sardinia regions with a power of 16.7MW. The total amount of the refinancing is 52.2M EUR, which … Read more
Madrid, February 5st, 2019 As of today, SOLARIA reports it has reached an agreement with the bank Natixis S.A., S.E (Spain) for the long-term financing of the 250MW awarded in the 2017 renewable spanish tender. This agreement is subject to a successful completion of the due diligence review of the projects under construction and … Read more
Madrid, December 13th, 2018 As of today, SOLARIA, has begun the construction of 400MW in various locations within the Spanish territory. The Company has closed, among others, the supply of electric equipment crucial to guarantee the compliance of the construction timeline. The inverters and medium voltage equipment will be supplied by SUNGROW while the … Read more
As of today, SOLARIA, the only solar photovoltaic power producer company trading in the Spanish Stock Exchange, signs a new physical power purchase agreement (PPA) with REPSOL for a contracted power of 50MW. This agreement will have a seven years duration since the facilities commissioning. With this agreement, the total power contracted through PPAs between … Read more
As of today, SOLARIA, the only solar photovoltaic power producer company trading in the Spanish Stock Exchange, signs a physical power purchase agreement (PPA) with REPSOL for a contracted power of 52MW. This agreement will have a seven years duration since the facilities commissioning. The energy fed into the grid by the PV plants included … Read more
The Company has communicated to the CNMV (Spanish Securities & Exchange Commission in Spanish) the signing of a significant power purchase agreement (PPA) contract with Repsol today In addition to the results, it is essential to add the success of the accelerated bookbuilding (ABB) for an amount of 96.8M EUR Solaria improves its balance sheet … Read more
SOLARIA’s 1H18 earnings show significant improvement vs. 1H17. EBITDA stands at €14.9mn, up 27%, and NET PROFIT rose to €11.47mn, amounting to 163% growth. REVENUES grew to €19.05mn, constituting a 19% upturn, despite average reductions in sunlight during the period of 7.4% in Spain and 13.14% in Italy, caused by adverse weather. At the end … Read more
The proceeds should allow Solaria to make better-than-expected progress in the execution of its photovoltaic projects in Spain and to continue broadening its portfolio of projects under development. Solaria has successfully completed a €96.8mn accelerated bookbuild . The operation consists of the issuance of €89mn in new shares with exclusion of preemptive rights and the … Read more
Earlier today, Solaria Energía y Medio Ambiente, S. A, gave a webcast presentation for institutional investors and analysts, providing information on the company’s strategy and outlook. With a global pipeline of 2.3 GW in Spain, Portugal, Italy, France, Mexico, Chile and Brazil, Solaria is to construct in Spain solar-photovoltaic installations to generate a total of … Read more
