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

  • This milestone represents a decisive step towards strengthening Soltec’s financial stability and ensuring the continuity of its business plan.
  • DVC Partners will contribute 30 million euros in capital and provide a 15-million-euro loan. This will result in the issuance of 365,546,868 new shares.
  • Tomorrow, the company will carry out a corporate transaction involving a capital reduction and increase —known as an accordion operation— aimed at stabilising the company and rebalancing its equity structure.
  • Soltec will apply the debt write-downs and rescheduling measures included in the restructuring plans, which will reinforce its financial capacity with a new 12-million-euro guarantee facility and the extension of the existing one by an additional 23 million euros.
  • The effectiveness of DVC Partners’ investment will strengthen Soltec’s position as a key technology player in the national and international photovoltaic industry.

Molina de Segura (Murcia), 11 December 2025. Soltec has begun its financial restructuring process this Thursday, initiating the steps required to implement the group’s industrial and energy business reorganisation plans. This milestone marks a decisive step in reinforcing Soltec’s financial stability and ensuring the continuity of its business plan by providing the company with a more robust capital structure and a more efficient operating framework, adapted to its growth needs and aligned with its new strategic plan.

As part of this process, DVC Partners will contribute 30 million euros in capital and an additional 15-million-euro loan. The company will carry out a capital reduction and increase —the so-called accordion operation— aimed at recapitalising the business and rebalancing its equity structure, leading to the issuance of 365,546,868 new shares, through which the fund will become the majority shareholder with 80% of Soltec’s share capital.

Financial institutions, for their part, have granted the company a new 12-million-euro guarantee facility and expanded the existing one by 23 million, providing Soltec with a total of 35 million euros in guarantees. Together with this financial reinforcement, the new long-term payment schedule and the reduction of total debt —from 386 million euros to 231 million— will provide the company with the financial structure needed to execute its business plan.

Soltec will thus complete the restructuring process, which marks a turning point after months of joint work with financial institutions, suppliers, and shareholders. This will ensure its long-term sustainability and allow it to regain the operational normality needed to compete in a growing global market.

A new stage for Soltec

Soltec is entering a new phase with a strategic plan focused on its core activity: the design and supply of technological solutions for solar trackers. This has historically been a solid business with attractive margins, low capital intensity, strong global growth potential, and a favourable market position for Soltec. The company will also maintain its photovoltaic project development activity (Development) and its operation and maintenance services (O&M) as highly valuable complementary business lines.

Soltec will focus its growth on key markets —the United States, LATAM, Spain, and EMEA— where it already has strong industrial presence and robust demand for solar technology. The company remains committed to innovation, with advanced solutions in 1P/2P trackers, floating solar, agrivoltaics, and proprietary algorithms designed to maximise production and plant reliability.

The implementation of the restructuring plan, together with the incorporation of DVC Partners as the majority shareholder, strengthens Soltec’s position as a relevant technology player in the national and international photovoltaic industry and supports its long-term vision, as well as the consolidation of a competitive and profitable industrial project.

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