An announcement from Soltec Power Holdings SA ( (ES:SOL) ) is now available.
Soltec Power Holdings SA’s industrial division, Soltec Energías Renovables, is negotiating with financial creditors to resolve its current financial situation and execute strategic plans. The company has requested a three-month extension from the Commercial Court to continue these negotiations, which have the unanimous support of its banking syndicate, aiming for a solid restructuring to enhance its market position.
More about Soltec Power Holdings SA
Soltec Power Holdings SA operates in the renewable energy industry, primarily focusing on solar energy solutions. The company provides products and services related to solar energy, with a market focus on expanding and strengthening its position in the renewable energy sector.
Technical Sentiment Signal: Buy
Current Market Cap: €159M
See more insights into SOL stock on TipRanks’ Stock Analysis page.