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Solegreen closes H1/2021 with significant business momentum Revenues in H1/2021 are up 11.1% to approx. ILS 18.8 million Project FFO in this period is up some 10% to approx. ILS 9.3 million
Strategic developments at Solegreen: Solegreen completes a successful share issue in the sum of approx. NIS 380 million. The issue was closed at a price about 10% higher than the institutional tender and 20% higher than the market price at the beginning of the process. The company's controlling shareholder, Generation Capital, invested some NIS 190 million in the issue. At the same time, the company reports the signing of an MOU for commencement of significant PV operations in the U.S., as well as progress in its business in Italy and in Israel.
Q3/2020 revenues amounted to approx. NIS 10.1 million
Augwind and Solegreen sign a strategic agreement for the construction of power generation projects based on photovoltaic systems using Augwind's AirBaterry energy storage system
Solgreen enters significant operations in Italy The company has signed a binding agreement for the purchase, improvement and refinancing of income-producing solar properties in Italy in the amount of approximately 30 megawatts with a target return of 11%