Solarpack moves forward in the execution of its Backlog and completes its first projects in 2019
Achieves in H1 2019 operating revenues of €27.1 m (+112% vs. H1 2018) and an EBITDA of €9.8m (+33% vs. Q4 2018) under IFRS consolidated accounts
Solarpack expands its co-investments with Ardian to the Tacna Solar and Panamericana Solar projects
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 closes the acquisition of the Tacna Solar and Panamericana Solar power plants
Solarpack completes the acquisition of 90.5% of the equity in Tacna Solar and Panamericana Solar for US$ 51.5 million
Solarpack obtains 59 million euros of financing for three solar plants in Spain
The total power of these plants, which are already under construction and will be operational by the end of 2019, is 112 MW
Solarpack installs the first set of panels in its Granja Solar photovoltaic plant in Chile
The Chilean Minister of Energy, Ms. Susana Jiménez, attended the installation ceremony alongside with other authorities and representatives from Solarpack and KfW IPEX-Bank
Solarpack accelerates its growth plan with the acquisition of the Tacna Solar and Panamericana Solar power plants in Peru
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%.
