EPC multinational marks operational launch of solar assets in Chile and India as January-September 2019 revenues nearly double year-on-year but net profit more than halves.
Firm’s H1 2019 revenue and EBITDA increase mixes with profit margin squeeze as construction progresses in Spain, Chile and global pipeline hits 1.76GW.
German group repeats PPA offtaker for 121MW project north of Andalusian city, while Spanish firm turns to Bankia, Bankinter to back 112MW trio in same province.
Switzerland’s aventron raises debt from Banco Sabadell for first installation of 100MW duo in Toledo and Murcia provinces, set to be built by Solarpack.
Solarpack to buy 43MW of Peru solar projects, Ichigo and Softbank bring Japanese solar plants into operation, Armenian government grants VAT adjournment for imports on 55MW solar plant.
KfW IPEX-Bank is financing the construction and operation of the 123MW Granja PV park, located in Chile's Atacama Desert. The total investment in the project will stand at approximately US$114 million, with KfW IPEX-Bank providing a long-term loan of up to US$91 million and the related interest hedging.
Aventron signs EPC contracts with Solarpack for 100MW of post-subsidy solar in Spain, EBRD and FMO back 30MW solar plant in Ukraine, NTPC gets investment approval for 160MW of solar in Uttar Pradesh.
CVE Chile, a subsidiary of the Cap Vert Energie (CVE) group, has recently signed a US$45 million deal with Solarpack to buy four under development solar plants, each with a capacity of 9MW.
