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● Soltec SPAIN / Murcia info@soltec.com +34 968 603 153 ● SPAIN / Madrid emea@soltec.com +34 91 449 72 03 ● POWER HOLDINGS Soltec increases 7 % revenues in an environment of strong global disruptions The company reported € 58.6 million in revenues , an adjusted EBITDA of € -12.0 million and pro - forma net profit of € -12.3 million in the second quarter of the year . Soltec continues to show record operating indicators in the first half of the year , despite the current environment . Soltec Industrial's backlog ( signed projects to be executed ) grew by 91 % and its pipeline ( projects with a certain probability of success ) increased by 35 % compared to the same period last year . Meanwhile , Powertis ' business has rotated 679 MW in Spain and Italy and its pipeline reaches 7.1 GW , marked by its expansion into new markets with its entry into Denmark . 29th September 2021 . Soltec Power Holdings closed the second quarter of the year with revenues of € 58.6 million , representing an increase of 7 % compared to the same period last year , an adjusted EBITDA of € -12.0 million and a pro - forma net profit of € -12.3 million . The company maintains a solid financial position , with a net cash of € 20.4 million . The company maintains a solid financial position , with a net cash of € 20.4 million . Regarding the full year 2021 forecast , the company expects for Soltec Industrial revenues to be between € 395 million and € 440 million and EBITDA between -1 % and 1 % . Regarding the business Powertis it is expected to reach a pipeline of 10GW and assets rotation between 600 MW and 1,000 MW . In September , the company communicated to the market its forecast for the end of 2021 , with expected revenues for the period in the industrial division in the range of € 395 million to € 440 million , while the EBITDA margin is expected to be in the range of -1 % to + 1 % . In the case of the project development division ( Powertis ) , a pipeline of 10 GW is expected for 2021 and the forecast for the assets rotated ( totally or partially ) has been updated to a range between 600 MW and 1,000 MW due to the cost of opportunity of the early rotation of projects , in the current context . Q2 2021 RESULTS UNITED STATES usa@soltec.com +1 510 440 9200 BRAZIL brasil@soltec.com +55 71 3026 1444 MEXICO mexico@soltec.com +52 1 5555 573 144 CHILE chile@soltec.com +56 2 2573 8559 PERU peru@soltec.com +51 5350 7315 CHINA china@soltec.com +86 15021713965 INDIA india@soltec.com +91 124 4568202 AUSTRALIA australia@soltec.com +61 2 8067 8811 SCANDINAVIA scandinavia@soltec.com +45 20 43 01 50 ARGENTINA argentina@soltec.com +54 911 48891476 EGYPT egypt@soltec.com ITALY italia@soltec.com ISRAEL israel@soltec.com