28. February 2024
Czech renewable energy visionary Zdeněk Sobotka's SOLEK has won a prestigious US award in Proximo's competition, which tracks projects in the energy, infrastructure, renewable energy and finance sectors.
SOLEK Group won in the Latin America category for its $379 million project financing through the US private placement market, a mezzanine loan and a partnership with BlackRock, the world's largest asset manager.
"We have won awards and international recognition for our project finance architecture, which has enabled us to build our largest power plant to date, Leyda in Chile. Today, the renewable energy sector offers great opportunities, and not only in Latin America. But rapid growth requires significant financial resources. To take advantage of financing in the sophisticated US private placement (US PP) market, we had to meet demanding accreditation criteria. Thanks to the great work of our colleagues, we have the opportunity to fully focus on the development of our PV projects and further growth. This award belongs first and foremost to them," said Zdeněk Sobotka, owner and founder of SOLEK Holding, after receiving Latin American Solar Deal of the Year award for 2023.
SOLEK Holding is a leading energy company engaged in the design, construction and operation of solar power plants in Europe and Latin America. It operates mainly in Chile, where it manages nearly 40 photovoltaic power plants with a total capacity of over 250 MW. The SOLEK Group is now focusing on new and promising areas such as the development of floating PV systems, agrovoltaics and battery storage. By the end of 2023, the entire SOLEK Group will have 274 MW connected and will have 212 MW of solar power plants under construction.