Solek defines first photovoltaic projects with BlackRock

PRESS RELEASE by Solek

June 2022

Solek Holding Chile has signed a framework agreement to develop, build and sell solar projects in Chile to BlackRock's Global Renewable Power Fund III

Solek Holding Chile has signed a framework agreement to develop, build and sell solar projects in Chile to BlackRock's Global Renewable Power Fund III (GRP III). Thanks to the agreement, our company will develop up to 28 individual photovoltaic power plant projects with a total capacity of up to 200 MW under the PMGD/PMG program, as well as take care of their operation and maintenance.

Regarding this agreement, at the beginning of this month of May, the closing of Solek's Quilmo project was celebrated – adding a total of 35 MW, in addition to a visit to two of the projects already sold; Valparaiso located in the V Region and Nancagua located in the XX Region.

 Zdeněk Sobotka, founder and general director of the Solek Group, has described this step as "strategic to establish cooperation with the main infrastructure investors, which are key to the future growth of the Solek Group, not only in Chile, but also in other countries," he said.