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
Madrid, August 8th, 2019 Solaria, through Prodigy Orbyt LDA, a wholly owned subsidiary of Solaria, has been awarded 49 MWn of solar power capacity in the 1.4GW auction, promoted by the Portuguese State, and held by OMIP on 25, 26 and 29 of July. The award is associated with the capacity reserve to connect … Read more
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
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 From this moment onward, funds shall be withdrawn in accordance with the pace of construction.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
Madrid, 20 June 2019 At present, the company is completing construction of the first 400 MW, in assets that it expects to be onstream in July, September, October and December of 2019. Solaria is also working on the awarding of the second package for the construction of another 658MW to be connected to the grid … Read more
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
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
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
