We want to transmit our commitment and responsibility with all our stakeholders: clients, investors, employees, suppliers, collaborators, media, with the aim of becoming more transparent, rigorous and responsible from a social and environmental perspective.
The Getxo-based multinational, specialized in solar photovoltaic energy, shows solid results in the first quarter of 2020, reflecting intense construction activity and the contribution of new megawatts brought into service by the Power Generation (POWGEN) unit in Spain, Chile and India during 2019 and the start of 2020.
Ardian becomes a minority partner in both projects following the agreement signed between Solarpack and the infrastructure fund manager in September.
This represents a very important milestone for the Company, which generates energy in Chile through an operating fleet that totals 181 MW.
Solarpack saw strong growth in 2019, with the commissioning of 309 MW in Chile, Spain and India since its IPO in December 2018, bringing its attributable generation assets to 450 MW. The company also witnessed a year of intense construction activity, with a total of 536 MW initiated of which 227 MW are still underway.
