Soltec’s solar tracker unit secures additional time with lenders
- Admin
- Jun 5, 2024
- 1 min read
Spanish Soltec Power Holdings SA's solar tracker division extends maturity of credit facility and bank guarantee line until November 30, 2024. The division has a current limit of EUR 90 million for credit facility and EUR 110 million for guarantee line. The company will reassess financing needs with a backlog of over EUR 600 million and positive outlook for 2023.
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