Earnings release
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Soltec POWER HOLDINGS ● Soltec reports € 100 million revenues in Q3 , + 18 % year - on - year SPAIN / Murcia info@soltec.com +34 968 603 153 SPAIN / Madrid emea@soltec.com +34 91 449 72 03 The company registered a net profit of € -0.1 million in the quarter and € -20 million in the first nine months of the year . The industrial division releases a backlog ( signed projects pending execution ) of over 397 Mn euros and a pipeline ( projects with a certain probability of success ) of 3,052 Mn euros . Powertis reached a pipeline of 9.1 GW at the end of September 2021 . In October , Powertis completed the agreement with Aquila Capital , with the rotation of 772 MW . November 4th , 2021 . Soltec Power Holdings has released the results for the third quarter of the year , with revenues up by 18 % to € 100 million in the period . For the first nine months of the year , the company reported revenues of € 187 million . The company has recently been awarded with 100 MW in Colombia in the renewable energy auction held on October . Operating income ( EBITDA ) amounted to € -3.4 million in Q3 2021 , and € -22.5 million for the nine months of the year , largely due to significant international disruptions resulting from changes in logistical conditions worldwide and a shortage of personnel in some countries . The company reported a net profit of € -0.1 million in the quarter and € -20 million in the first nine months of the year . Soltec industrial , strong operational indicators Q3 2021 RESULTS The company reached an accumulated track record of 10.2 GW , positioning itself as the third supplier of solar trackers worldwide in terms of accumulated MW . Soltec's industrial division shows strong operational indicators , with a backlog of over € 397 Mn , a growth of 210 % compared to the same period last year , and a pipeline of € 3,052 Mn , + 20 % year on year . 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