- Solaria achieves an EBITDA of 74 million euros, 77% more than in the first quarter of 2024.
- Arturo Díaz-Tejeiro: “These results confirm that Solaria is not only growing, but doing so in a profitable and sustainable way. We are leading the energy and digital transition with efficiency, discipline and long-term vision”.
- The company maintains its target of achieving EBITDA of between €245 million and €255 million by 2025.
- Solaria will install 500 MWh of storage (BESS) in the next 12 months.
- Solaria has presented a share buyback plan for a maximum of 10% of the capital, which could reach 12.5 million shares.
Madrid, June 3, 2025 – Solaria Energía y Medio Ambiente has presented historic results for the first quarter of 2025, consolidating its leadership in the energy and digital transition in Europe. The company achieved a net profit of 53.4 million euros, representing an increase of 127% compared to the same period last year (23.6 MM€). Revenues amounted to €81 million, 67% higher than in the first quarter of 2024, driven by higher energy production and the infrastructure business.
EBITDA amounted to EUR 74 million (+77%), while operating profit (EBIT) amounted to EUR 62.7 million (+93%) and profit before tax amounted to EUR 54.2 million (+125%). These results reflect the high efficiency of Solaria’s renewable and digital generation model.
The company has maintained strict financial discipline, with stable financial costs and efficient control of operating and personnel expenses, despite the context of high interest rates. Net equity reached 673.6 million euros, reinforced by solid cash generation and prudent balance sheet management.
In the words of Arturo Díaz-Tejeiro Larrañaga, CEO of Solaria: “These results confirm that Solaria is not only growing, but that it is doing so in a profitable and sustainable way. We are leading the energy and digital transition with efficiency, discipline and long-term vision”.
Production and targets
Energy production in the quarter was 372 GWh, down 8.4% due to lower radiation levels. Despite this, the company maintains its target of achieving EBITDA of between 245 and 255 million euros by 2025, and closing the year with more than 3,000 MW connected.
Boosting diversification and digitalization
Since its entry into the data center market in 2024, Solaria has consolidated 1.2 GW of power in assured demand for data centers in different parts of the country. Of particular note is the Oliva Solar project in Guadalajara, linked to the construction of a state-of-the-art data center under a self-consumption scheme with a capacity of 70 MW. These developments position Solaria as a key player in the convergence between renewable energies and digital infrastructures.
In September, Solaria will also present an update of its Strategic Plan for data centers, showing its projects in the Iberian Peninsula, and future plans in other European countries.
Strategic energy storage and PPAs
Solaria will deploy 500 MWh of energy storage systems (BESS) in the next 12 months, installing the first battery in Spain before the end of 2025. This infrastructure will be essential to stabilize the European electricity grid and accelerate renewable integration.
In parallel, the company is reinforcing its commercial strategy through long-term contracts. It has signed a 10-year PPA with Trafigura for 1 TWh, linked to a 50 MW solar project. This and other agreements ensure stable revenues and position Solaria as an energy partner of reference in industrial and technological sectors.
Financial strength
An agreement in principle has been reached with Banco Sabadell to finance 175 MW of photovoltaic capacity in Spain through Project Finance for an amount of up to 93.5 million euros.
Share buyback
Solaria has presented a share buyback plan for a maximum of 10% of the capital, which could reach 12.5 million shares.
