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 … Leggi tutto

FY18 RESULTS: SOLARIA CONTINUED ITS GROWTH TREND WITH EBITDA UP +13% AND NET PROFIT RISING +42%

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 … Leggi tutto

SOLARIA SIGNS THE REFINANCING OF THE ITALIAN ASSETS WITH BANCO SANTANDER

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 … Leggi tutto

SOLARIA BEGINS THE CONSTRUCTION OF 400MW

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 … Leggi tutto

SOLARIA SIGNS A SECOND PPA WITH REPSOL

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 … Leggi tutto

SOLARIA SIGNS A PPA WITH REPSOL

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 … Leggi tutto

SOLARIA TRIPLES ITS NET PROFITS UP TO 18.52 MILLION EUROS

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 … Leggi tutto

SOLARIA INCREASES NET PROFIT TO €11.47MN, UP 163% VS. 1H17

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 … Leggi tutto

SOLARIA SUCCESSFULLY COMPLETES €96.8MN ACCELERATED BOOKBUILD, FORGING AHEAD IN ITS PROJECTED GROWTH

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 … Leggi tutto

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