Germany’s KFW finances 123 MW Chile project selected in 2016 auction
The plant is being built by Spanish developer Solarpack in the Atacama desert. The project was selected in an energy auction held by the Chilean government in 2016. At the time, Solarpack’s bid of $29.1/MWh was a record low for solar.
Spain’s Solarpack goes public on Dec. 5
The Spanish developer is expected to increase capital between 38.5% and 40.7%. The price range has been set between €8.0 and €10.3 per share. The raised funds will be invested mainly in the execution of the contracted portfolio of projects totaling 510 MW, in the acquisition of 13 MW of operating assets in Spain and in the development of its additional portfolio of projects totaling 2.9 GW.
Solarpack plans to launch €100 million IPO
The Spanish developer said that funds from the IPO will be primarily invested in the execution of its 510 MW PV project pipeline.
CVE Chile buys 4 solar plants for $45 million
CVE Chile has purchased four solar PV plants totaling 45 MW from Solarpack in Chile for a total of US$45 million.
Solarpack could be listed on Spanish stock exchange
The Spanish PV project developer is currently seeking ways to finance its solar project pipeline in India, Chile and Spain. Although the rumors have not been confirmed, listing on the Madrid Stock Exchange may be a option.
Solarpack secures financing for 135 MW of solar in Chile and India
The Spanish developer has raised $104 million in financing for nine large-scale PV projects spread across India and Chile.
