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BRIEF-Solarpack Sees Capacity In Operation And Under Construction Of About 4 GW By 2026

PUBLISHED: Wed, 24 Mar 2021 06:37:16 GMT

March 24 (Reuters) – Solarpack Corporacion Tecnologica SA :

* SAYS WILL START SELECTIVELY ENTERING NEW FRONTIER MARKETS WITH SPECIAL FOCUS ON SEA AND AFRICA AS PART OF ITS STRATEGY

* SEES PROJECTED CAPACITY IN OPERATION AND UNDER CONSTRUCTION OF 1.8-2.0 GW BY 2023 AND ABOUT 4.0 GW BY 2026

* SAYS TO HAVE SPECIAL FOCUS ON CORPORATE PPAS, STORAGE AND INNOVATION AS PART OF ITS STRATEGY

* SEES YEARLY ORDER INTAKE OF 900-1,100 MW/YEAR FROM 2024 ONWARDS

* SAYS ITS GUIDANCE UP TO 2026 REQUIRES AN INVESTMENT OF ABOUT 1.5-2.0 BILLION EUROS

* SAYS CONSIDERS REINVESTING CASH GENERATION IN VALUE ACCRETIVE PROJECTS

* SAYS NO DIVIDENDS EXPECTED IN THE SHORT TERM

Source text for Eikon:

Further company coverage: (Gdansk Newsroom)

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