What is Solarpack?
Solarpack, a Spanish multinational established in 2005, specializes in the promotion, construction, and management of solar photovoltaic generation projects. The company has been instrumental in the development of the solar industry, operating across Spain, France, Chile, Peru, the United States, and South Africa. With a team of over 50 professionals, Solarpack manages an active pipeline of 360 MW in projects spanning Europe, the United States, and South America, positioning itself as a key player in the renewable energy transition.
How much funding has Solarpack raised?
Solarpack has raised a total of $176M across 1 funding round:
Debt
$176M
Debt (2024): $176M with participation from BNP Paribas, Crédit Agricole CIB, BBVA, and Natixis CIB
Key Investors in Solarpack
BNP Paribas
BNP Paribas is a leading international banking group providing a broad spectrum of financial services, including corporate and institutional banking, investment, and retail banking. They are known for supporting energy transition and climate-related projects.
Crédit Agricole CIB
Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole, active in capital markets, investment banking, and financing activities, supporting clients' strategic development.
BBVA
BBVA is a Spanish multinational financial services company headquartered in Bilbao, Spain, offering a wide range of banking and financial solutions.
What's next for Solarpack?
This major strategic investment signals Solarpack's robust growth trajectory and its capacity to undertake large-scale solar projects. The substantial capital infusion is expected to fuel further expansion of its project pipeline, enhance its operational capabilities, and potentially explore new markets or technological advancements in solar energy. The company's established presence in key international markets, combined with this significant financial backing, positions it for continued leadership in the global renewable energy sector.
See full Solarpack company page
