12 December 2025
Soltec begins the implementation of its restructuring plan, which will culminate in a capital increase securing the entry of DVC Partners as the new majority investor
- Mariano Berges, CEO of the company, highlights during the General Meeting the strategic plan that includes the entry of a new investor, a focus on its core business, and more than 40 initiatives aimed at optimizing management.
- The company will concentrate its activity on the solar tracker division following a 2024 in which it achieved €300 million in sales in this segment.
- Meanwhile, it will divest from non-strategic lines such as EPC and asset management.
Molina de Segura (Murcia), July 22, 2025. Soltec held its General Shareholders’ Meeting this Tuesday, during which it approved the 2024 financial statements and ratified the appointment of new board members. In his speech, the company’s Chief Executive Officer, Mariano Berges, emphasized the strategic plan aimed at strengthening its market position and moving toward a more efficient and sustainable operating model.
The new roadmap includes measures to consolidate the company’s competitive position in the solar tracker segment—its core business—which in 2024 generated approximately €300 million in revenue and delivered 3.7 GW. This line of business stands out for its high level of technology, international presence, and sustainable margins.
As part of the new approach, the company will continue its divestment process in non-strategic areas such as construction (EPC) and asset management divisions, as well as in the sale of stakes in projects and companies. These actions have already helped improve liquidity and reduce part of the company’s debt.
In addition, more than 40 internal initiatives are being launched to improve processes, financial control, cash management, and operational efficiency. Key measures include the separation of ownership and operational management, as well as the incorporation of a specialized management team and independent board members.
At the same time, Soltec is advancing a debt restructuring process with banks, suppliers, and creditors, which includes an average haircut of 50% and new deferred payment schedules.
In terms of financial reinforcement, the company has received an investment proposal from a new strategic partner, which includes a capital injection of €30 million, an additional €15 million in liquidity, and the provision of guarantees to reactivate commercial activity. This operation will result in an 80% dilution for current shareholders, but is considered essential to ensure the company’s continuity.
During his address, Soltec CEO Mariano Berges stated:
“We have designed a realistic and forward-looking solution that will allow Soltec to regain its strength. With a renewed team and the support of a new strategic partner, we are ready to face the challenges ahead and build a stronger company.”
With more than two decades of experience and over 20 GW supplied, Soltec remains committed to innovation through technological solutions such as the Agrisun agrivoltaic system and the floating tracker Flotus, with which it aims to continue leading the evolution of the solar sector globally.
