Corporate
Outlook: Stable
Action date: 04/15/2021
Rating action: Affirmed

SOLARIA ENERGIA Y MEDIO AMBIENTE SA

Axesor affirms the BBB/Stable rating for Solaria Energía y Medioambiente, S.A.The Solaria group participates in the solar photovoltaic sector in a semi-integrated manner. It currently has an installed capacity of 550 MW (92.6% in Spain) and a target of reaching a total of 2,150 MW in 2021 with projects subject almost entirely to power sale agreements (PPA and regulated). In the last fiscal year it achieved a consolidated turnover of € 54.5M (+54%), maintaining positive profitability in its activity and a positive liquidity situation.

Rating

Solicited
Date last rating: 04/15/2021
Date first rating: 03/26/2019