Solarprofit is in talks with an investor and is postponing the pre-tender

SolarProfitA company specializing in installing solar panels for its own consumption is expanding its activities pre-competition creditors after negotiations with a potential investor have begun to reach an agreement that “ensures business continuityor”.

As reported The rise of BMEThe alternative market on which it is listed was requested by the firm founded by Roger Fernandez and Oscar Gomez.

SolarProfitA company specializing in installing solar panels for its own consumption is expanding its activities pre-competition creditors after negotiations with a potential investor have begun to reach an agreement that “ensures business continuityor”.

As reported The rise of BMEalternative market on which it is listed, the firm founded by Roger Fernandez and Oscar Gomez has asked the competent court for a three-month extension to continue restructuring talks with its creditors after it declared bankruptcy on April 19 due to the impact on its business of the crisis threatening the industry.

The original deadline was June 28, but given the new scenario opening up with the arrival of a potential partner, the company decided to extend the calendar, a measure approved by “more than 65% of creditors.”

After this news appeared, the price of SolarProfit skyrocketed. Bagclosing yesterday at €0.594 per share, up 64% from the previous day.

ERE is ending

The company, based in Mataró (Maresme), also said it had closed the employment regulations (ERE) file announced in April, which led to the dismissal 361 employees90% of its staff.

In 2023, the energy company lost 36.7 million euros, which contrasts with a profit of 977,071 euros in the previous year. SolarProfit reduced its revenue from 94 million in 2022 to 65.7 million last year, a drop of 36%, caused by a drop in demand for photovoltaic installations.