Gestamp Solar

Gestamp Solar

SECTOR: Industry, Manufacturing and Chemicals

Registered Global Reach

Middle EastUSAMexicoCentral AmericaPuerto RicoPeruItalyKuwaitSpainJapanSouth AfricaHondurasFrance

History of International Operations

Date Operation Summary Key Figures / Investment Destination Country
2015-07-21
KKR acquires 80% of Gestamp Solar, a global leader in photovoltaic solar energy, to boost its ambitious strategic expansion plan and reach 2,5 GW of installed capacity by 2020.

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Gestamp Solar is valued at $1.000 billion; it aims for 2,5 GW of installed capacity by 2020.
2015-05-14
Gestamp Solar has become the first European photovoltaic developer to connect a project in Japan, the Fukuroda plant. The company is strengthening its operations in Japan and plans to expand into new markets such as Central America and the Middle East.

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36,7 MW installed in 2014; 55 solar parks in operation; 100 MW planned in 2015; 140.000 tons of CO2 avoided; 70 million euros in suppliers; 7,4 million euros in taxes; 1,5% of gross income to socio-economic development plans. Japan, South Africa, Puerto Rico, Central America, Middle East, Spain, Peru, USA, Italy, France, Honduras, Kuwait, Mexico
2015-01-14
Gestamp Solar expands in South Africa with financial support from COFIDES, investing 4.166.000 euros to build and operate a 10 MW photovoltaic plant in De Aar, reinforcing its position in the country.

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Total investment: 4.166.000 euros. COFIDES loan: 1.094.000 euros. Plant capacity: 10 MW. South Africa

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