Soltec Power Holdings Delays 2024 Financial Statements and Engages in Debt Restructuring

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Soltec Power Holdings Delays 2024 Financial Statements and Engages in Debt Restructuring

Soltec Power Holdings SA ( (ES:SOL) ) has shared an update.

Soltec Power Holdings SA announced a delay in the preparation and publication of its 2024 annual financial statements due to delays in verifying consolidated financial information. The company aims to publish the information by May 31, 2025, and is committed to completing the process swiftly. Additionally, Soltec is negotiating with financial creditors for debt restructuring, having received non-binding offers from investors, and is in the due diligence phase with select investors to facilitate this process.

More about Soltec Power Holdings SA

Soltec Power Holdings SA operates in the renewable energy industry, focusing on the development and provision of solar tracking systems and related services. The company is committed to advancing sustainable energy solutions and is actively involved in the solar energy market.

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €159M

For a thorough assessment of SOL stock, go to TipRanks’ Stock Analysis page.

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