SOLARIA HAS SIGNED AN AGREEMENT WITH RABOBANK FOR THE LONG TERM FINANCING OF 150MW

Madrid, 25 February 2021   Solaria has reached an in-principle agreement with the Dutch bank Rabobank for the long term financing of 150MW associated to the PPA contract signed with Axpo that was announced last September 2020. This agreement also includes the anticipated participation of KfW Development Bank, subject to KfW approval. This agreement is subject to a … Leggi tutto

SOLARIA MOBILIZES EUR 4 BILLION FOR EUROPEAN FUNDS

Madrid, 24 February 2020   Solaria has submitted today to Spanish Ministry for the Ecological Transition and the Demographic Challenge a total of 29 projects to access to Next Generation EU fund. The investment of the presented projects amounts to 4,000 million euros, of which more than 1,600 million have been requested to European funds. All investments … Leggi tutto

FY2020 EARNINGS: SOLARIA ANNOUNCES 18GW BY 2030 AND INCREASES NET PROFIT BY 27% TO €30.4 MILLONS EUROS

Intermediate Management Report 4Q2020 2020 Earning Presentation 2020 Sustainable Report   Madrid, 8 February 2020 In a statement released earlier today, Solaria disclosed its FY20 earnings and increased its installed capacity target from 6.2GW in 2025 to 18GW in 2030. 2020 has been a great year for the company with strong growth in earnings: TOTAL … Leggi tutto

Solaria published its first Sustainability Report

2020 Sustainable Report   Madrid, 8 February 2020   We are pleased to announce Solaria, in line with its sustainable strategy, has published for the first time and on a voluntary basis the 2020 Sustainability Report, prepared in accordance with the Global Reporting Initiative (GRI) indicators, which summarizes the progress made by Solaria during the … Leggi tutto

Solaria has closed a 300MW PPA with SHELL for 10 years

Madrid, 14 January 2021   Solaria has closed a long-term power purchase agreement (PPA), in its financial modality, with Shell Energy Europe B.V., for 10 years and a contracted power of 300 MW.   Solaria agrees major Spanish solar power supply deal with Shell Shell Energy Europe B.V. (Shell) and Solaria, a leading Spanish solar photovoltaic power … Leggi tutto

SOLARIA HAS CLOSED AN AGREEMENT WITH METLIFE AND IDB INVEST TO REFINANCE ITS URUGUAYAN ASSETS ISSUING ITS FIRST GREEN BOND.

Madrid, 17 November 2020   We are pleased to announce Solaria has closed an agreement dated as of November 16, 2020 with the American insurance company Metlife and the Inter-American Investment Corporation (IDB Invest) for the debt refinancing of its two Uruguayan PV plants Yarnel and Natelu (23MW), for an amount of approximately $29mn and a duration … Leggi tutto

9M20 RESULTS – SOLARIA QUADRUPLES ENERGY PRODUCTION AND BOOSTS PROFIT 79%, WITH €25.13MN IN EARNINGS

Link to Results Link to Third Quarter Presentation   Madrid, 16 November 2020   Earlier today, the company reported its 9M20 earnings to Spain’s stock-market authority CNMV. In the first nine months of 2020, Solaria generated 412 GWh, constituting a 379% increase vs. the same period a year earlier. REVENUES rose 60% to €48.55mn, EBITDA climbed 61% to … Leggi tutto

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