The sale of a 49% stake in the projects to the fund managed by Ardian will allow Solarpack to generate cash and repay a USD 30 MM bridge loan
Solarpack completes the acquisition of 90.5% of the equity in Tacna Solar and Panamericana Solar for US$ 51.5 million
The total power of these plants, which are already under construction and will be operational by the end of 2019, is 112 MW
The Chilean Minister of Energy, Ms. Susana Jiménez, attended the installation ceremony alongside with other authorities and representatives from Solarpack and KfW IPEX-Bank
Signs a contract for the acquisition of 90.5% of the equity in Tacna Solar and Panamericana Solar (developed and built by the Company in 2012) for US$ 51.5 million, raising its ownership in these assets to 100%.
The Spanish multinational specialized in solar photovoltaic (PV) energy continues to move forward with the execution of its business plan, showing solid quarterly results and important operational milestones that set the grounds for a high-growth 2019.